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
Related Articles:
- Bonds Look Morbid When Compared To These Dividend Stocks
- My 5 Largest Dividend Stock Positions Have Double-Digit Lifetime Returns
- The Best Dividend Stocks In The World
- 12 Dividend Stocks With 50+ Years of Consecutive Increases
- 8 Dividend Stocks With A 15% Yield In 15 Years
Two Dividend Stocks To Watch: Clorox, Kimberly-Clark
Posted by D4L | Wednesday, December 10, 2014 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
GameStop (NYSE:GME) lost about 40% of its market value over the past three years, as rising digital downloads and declining mall traffic thr...
-
In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most...
-
These elite income producers have rallied this year. Their brilliance at producing passive income seems to have caught the market's eye ...
-
Investors buy dividend stocks for a few reasons. For one, they provide income via dividends that act as a bonus on top of capital appreciati...
-
While optimism in the broader market remains robust – particularly for hyped-up sectors like technology – investors may still want to consid...
-
If you are looking for reliable dividends, these three Dividend Kings should be right up your alley. Dividends are paid at the discretion of...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.