Investors seeking a sustainable income stream, take note! A high-performing large-cap Consumer Products stock has been added to our Best High Dividend Stocks model portfolio. Yielding an impressive 5.51%—ranking in the top 20% of dividend stocks—this gem surpasses the industry average of 2.6% and outperforms the iShares Core High Dividend ETF (HDV) benchmark.
Boasting a remarkable 14-year track record of dividend increases, this stock isn’t just about present rewards but future gains too. Its low beta of 0.70 suggests its monthly returns are uniquely resilient to market fluctuations, adding a layer of safety to your equity portfolio. In the immediate future, investors can anticipate a generous estimated payout of $1.270 per share on or around June 16.
While we’ve selected this stock prioritizing Yield Attractiveness and Dividend Safety, Returns Potential and Returns Risk were also considered, making it a well-rounded portfolio addition. An in-depth stock analysis follows for a deeper dive into this golden opportunity.