Dividend Growth Stocks certain sectors have been more favorable to investors than others. Historically, the sectors most popular with dividend investors include Financial Services, Healthcare and Consumer Defensive. Each has provided good yields and growth over the years.
Financial Services has provided above average yields with dividend growth. This sector is not nearly as popular with dividend growth investors as it once was due to the 2008 financial meltdown. Understandably, there is an air of skepticism with these stocks and their management teams.
Healthcare, primarily pharmaceuticals, also has provided above average yields with dividend growth. The downside to pharmaceuticals is that drugs eventually go off patent so the companies must constantly innovate and keep new products in the pipeline.
However, the most steady performer over the years for both yield and growth is the Consumer Defensive sector. This sector includes companies that make products such as soap, detergent, deodorant, toothpaste, etc. These are products that we need, or are willing to purchase, no matter what the economy is doing. They are relatively inexpensive, so in an economic downturn consumers continue to purchase them with no lifestyle changes.
This week week, I screened my dividend growth stocks database for Consumer Defensive companies with a yield at or above 3.25% and that have increased their dividends for at least 8 consecutive years. The results are presented below:
Pepsico, Inc. (PEP)
Yield: 3.4% | Years of Dividend Growth: 39
PepsiCo, Inc. is a major international producer of branded beverage and snack food products.
Procter & Gamble (PG)
Yield: 3.4% | Years of Dividend Growth: 55
The Procter & Gamble Company is a leading consumer products company that markets household and personal care products in more than 180 countries.
The Clorox Company (CLX)
Yield: 3.6% | Years of Dividend Growth: 36
The Clorox Company is a diversified producer of household cleaning, grocery and specialty food products and is also a leading producer of natural personal care products.
H.J. Heinz Company (HNZ)
Yield: 3.8% | Years of Dividend Growth: 8
The H.J. Heinz Company produces a wide variety of food products worldwide, primarily condiments, convenience meals and snacks.
Sysco Corporation (SYY)
Yield: 3.9% | Years of Dividend Growth: 41
Sysco Corporation is a large distributor of food and related products, primarily to the foodservice or food-away-from-home industry.
Kimberly-Clark Co. (KMB)
Yield: 4.2% | Years of Dividend Growth: 39
Kimberly Clark Corp. is a global consumer products company that produces tissue, personal care and health care. Its brands include Huggies, Pull-Ups, Kotex, Depend, Kleenex, Scott and Kimberly-Clark.
As with past screens, the data presented above is in its raw form. Some of the the companies would be disqualified for poor dividend fundamentals. However some of the others may be worth additional due diligence.
My database, D4L-Data, is an Open Office spreadsheet containing more than 20 columns of information on the 210+ companies that I track. The data is sortable and has built-in buttons and macros to make it easy to use. Companies included in the list are those that have had a history of dividend growth. The D4L-Data spreadsheet is a part of D4L-Premium Services and is updated each Saturday for subscribers.
Full Disclosure: Long PEP, PG, CLX, SYY, KMB. See a list of all my dividend growth holdings here.
- The Current Financial Situation Should Concern Us All
- Finding The Perfect Dividend Stock
- The Greatest Asset For Building Wealth
- 10 Stocks With A Strong Cash To Dividend Coverage
- 15 Dividend Stocks Trading Below Their Calculated Fair Value
Tags: [PEP] [PG] [CLX] [HNZ] [SYY] [KMB]
Popular Posts - Last 7 days
Presented below are my dividend stock and ETF/CEF holdings. This is not a recommendation to buy these securities. I have classified some of...
Some goals for building wealth would include putting kids through college, paying off mortgages, helping family members and enjoying a finan...
When looking for value-priced stocks , the Price-To-Book (P/B) ratio is one that I like to consider. P/B is calculated as share price divide...
Linked here is a detailed quantitative analysis of United Technologies Corp. (UTX). Below are some highlights from the above linked analysi...
Linked here is a detailed quantitative analysis of Automatic Data Processing Inc. (ADP). Below are some highlights from the above linked an...
Over the last 12-18 months, there have been several prognosticators saying dividend stocks are extremely over valued. In many cases, I woul...
Over the last several years Dividend Stocks have become immensely popular. It seems that every financial adviser or financial publication is...
Monday, October 31, 2011 will mark my fourth full year of writing as Dividends4Life . It is hard to believe another year has passed. Like th...
After each quarter-end, I review my asset allocation and year-to-date total returns by category. The attached PDF contains my actual asset a...
Each Sunday I highlight any notable articles that I came across over the past week, along with any Carnivals I participated in. For those re...