Two Dividend Stocks To Watch: Clorox, Kimberly-Clark

Consumer goods makers such as Clorox and Kimberly-Clark are defensive plays, since people need toilet paper, cleaning supplies and diapers regardless of the economy. As a result, these companies often feature slow but steady earnings growth and a decent dividend payout. Not ideal for high-growth seekers, perhaps, but attractive to income investors.

Clorox (NYSE:CLX), the Oakland, Calif.-based company on Oct. 31 reported fiscal Q1 results that topped views on both the top and bottom lines. Annual profit was flat in fiscal 2014, but analysts expect a 4% gain in '15 and 6% in '16. Kimberly-Clark (NYSE:KMB) offers a 3% yield, as it pays 84 cents a share, or $3.36 on an annualized basis. It has paid a dividend for 80 years and increased its dividend for 42 straight years, earning a spot on the S&P Dividend Aristocrats. Clorox is also a member.

Source: Investor's Business Daily

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