3 High Yielding Dividend Stocks in Consumer Staples Sector

With the U.S. economy looking bright, investors should opt for dividend stocks . Not only do these stocks offer higher income in the current low-rate environment but also provide a cushion against equity market risks. Dividend stocks are historically less volatile and are a safe bet as dividends generally act as a hedge against economic uncertainty. Dividend yield assesses the amount of income received in proportion to the share price. Amid the current volatility, it could be a smart strategy to buy stocks that yield good dividends, thus ensuring a steady income...

The Coca-Cola Company (KO), a Zacks Rank #2, is the world's largest beverage company and is the leading producer and marketer of soft drinks. With a dividend yield of 3.34% and a beta value of 0.69, this stock is likely to be an attractive pick. Kellogg Company (K) is the world's leading producer of cereals and convenience foods. The company carries a Zacks Rank #2, and has a beta value of 0.50 and a dividend yield of 3.18%. Tupperware Brands (TUP) is a global direct seller of premium, innovative products across multiple brands and categories through an independent sales force. This Zacks Rank #2 company yields a dividend of 3.94%.

Source: NASDAQ

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