As the bloodbath in the market continues, last week saw a lot of investor interest in retail and consumer goods stocks, as most top companies in our list that belong to these two sectors saw a rank improvement.
Retail and consumer goods stocks usually see most of their revenue during the Christmas period. Numbers reveal that almost 40% of their entire sales for the year happen during this time. The start of every new year is usually the worst time to shop since “Blue Monday” makes people realize how much they overspent on their credit cards during the holiday season.
Target, which is going ex-dividend on February 20 with a payout of 62 cents, moved up on the list from the 25th to the 24th position.
UPS rallied at the start of 2018, but it has fallen back to its 2017 highs of $120. That hasn’t deterred investor interest in the company, which stands to benefit from an e-commerce boom currently happening in the U.S. UPS moved up in rank from 26th to 25th position.
Big-box retailer Wal-Mart, which is investing heavily in growing its online presence, recently moved up a spot. America’s favorite breakfast food maker Kellogg also asserted its authority by moving up two spots.
Personal product maker Kimberly-Clark increased its dividend by 3% and is going ex-dividend with an increased payout of $1 per share on March 8. KMB displaced Omega HealthCare as it claimed the 32nd spot on the list.
Our Most Watched Stocks List is a user-generated, interest-based ranking of dividend-paying stocks, giving you a real-time snapshot of buying interest in the market. Generated by our Premium members’ watchlists, it’s aggregated and ranked by the most watched criteria.
The list has been designed to help income investors navigate the top dividend stocks being tracked by one of the world’s most advanced investing communities.
