If you're hungry for stable 3%-to-4% yield stocks that come equipped with a track record of at least five years of growing pay-outs, we've got just what you need. Bakery foods seller Flower Foods (FLO) and containerboard producer Packaging Corp of America (PKG) are two contenders that may be under-the-radar at this time, but are definitely worth your attention. They're both robust moneymaking machines that won't let you down.
Flowers Foods is a leading manufacturer of packaged bakery foods in the country. The company currently operates over 40 extremely proficient bakeries, producing a wide range of bakery foods for retail and foodservice customers in the U.S. With higher pricing looming down the road, Packaging Corp of America's stock gained 15% in just three months and is certain to keep darting forwards. The company is the fourth largest manufacturer of containerboards in the U.S. It's also the third largest maker of uncoated freesheets in North America.
Source: The Street
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