Consumer staples stocks are a good source of stable dividends and steady growth from year to year. Businesses that sell products or services that consumers need in everyday life tend to have steady growth, even with the economy is in a recession. These companies are then able to provide dividends to shareholder, often raising them every year. The ability to withstand economic downturns is one of the prime reasons that the consumer staple sector is tied for the highest number of names in the Dividend Aristocrats index.
Investors who look at the sector as boring can miss out on both the growth and the income that these stocks provide. This article will examine three of our favorite consumer staple stocks for growth and income, including: Keurig Dr Pepper (NASDAQ:KDP), Mondelez International (NASDAQ: MDLZ) and Unilever (NYSE:UL).
Source: InvestorPlace
Related Articles:
3 Consumer Staple Stocks for Dividends and Growth
Posted by D4L | Tuesday, November 23, 2021 | 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 ...
-
Since the market highs in July, stocks have been under considerable pressure. Indeed, 10-year Treasury yields are at the highest level since...
-
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their ...
-
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...
-
A strong dividend investing strategy may be to focus on high-quality names that score well on several dividend-related metrics. In other wor...
-
Despite all that work, its valuation remains dirt cheap. That's a big reason why its distribution currently yields more than 9% despite ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.