7 Consumer Goods Stocks With 35 Years Of Dividend Increases
By Dividend Stocks Online:Consumer spending increased in February by 1.1% compared with January, showing that the consumer is ready to spend and is not being held back by rising gas prices. Retail sales also rose in February, which makes for a good setup for all retail dividend stocks. We have also noticed that analysts are starting to favor stocks in the consumer goods sector.Rising revenue will certainly be a driving force that pushes consumer stocks higher. When we consider which consumer goods companies to invest in we browse the sector looking for companies with strong dividend growth because dividend growth drives ROI. We found seven consumer goods stocks that have a dividend yield over 2% and have increased their dividend for 35 years or more. Of course these consecutive dividend increases cannot be found using a stock screener.
Kimberly-Clark Corp (KMB)
Kimberly-Clark is a consumer-focused global company that manufactures and sells productsComplete Story »