One of the biggest changes resulting from the pandemic has been how we work and play. Work-from-home mandates and flex-time have become the new norm for many workers and school children, which has created a very interesting demand requirement for a lot of sectors. This includes how we cook and eat. But luckily, our Best Dividend Stock pick in the consumer staples sector has been up to the challenge.
Our pick has been a pandemic superstar as more people stayed at home, cooking meals and making snacks. With the post-pandemic world seeing a combination of work-from-home and hybrid in-office as the new standard, our pick has made the transition swiftly. This has led to continued sales growth in many categories.
And given our pick’s niche, it’s been able to overcome supply chain risks and inflationary pressures by raising prices for consumers. This fact has helped on both the dividend and cash flow front.
With new forays into higher-margined keto, low sugar and organic markets, our pick is poised to keep the growth and dividend increases coming far into the future.
You can check out the Best Dividend Stocks Model Portfolio here to explore all the stocks.
