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Clorox Co. (NYSE: CLX)

Clorox Co. (NYSE: CLX) is a global leader in consumer and professional products, including its signature bleach and cleaning products. With its strategic acquisitions and mergers, it has cemented its place in the global market as the go-to supplier for brand-name cleaning and related products. With production and distribution hubs located around the world - and subsidiary brands ranging from Brita water filtration systems to Burt's Bee's organic products - Clorox demonstrates a deep understanding of the needs of its customers. Its strong brand presence and recognition, coupled with its unwavering commitment to innovation, makes it a reliable and cost-effective choice for customers.

US dividends

People involved in long-term investments highly appreciate the possibility of a regular increase in dividends, although they remain heavily influenced by profit indicators. History shows that it is more profitable to rely on stocks where they do not pay large amounts for one year at once, but gradually increase the percentage of deductions.robit-right

Growing dividends are a sure sign that the company’s results and potential will become brighter. This is a direct hint that you are holding good assets. In the review, we talked about US dividend stocks, which have steadily increased payouts over 20 years.

[Note: Stock prices and indicators in the article are indicated at the time of publication. You can see the current stock prices in a special widget at the end of the text. Before buying stocks, always do your own analysis. Investing money carries the risk of losing it. This article was published for review, not a call to purchase.]

1. Clorox Co. [NYSE: CLX]

dividend shares

• Stock Price: $ 147.21
• Dividend yield: 2.52%

The main products of this giant company are the bleach of the same name, Kingsford charcoal and Glad garbage bags. Clorox’s dividends over the past half century are growing, as are the companies themselves. Since 1977, CLX shareholders are annually aware of the increase. Manufacturers of cleaning products and household chemicals rarely face a sharp increase in sales. But stable and small growth is a sign of good management and a profitable business strategy. This is what you need for long-term dividend investment..

2. AT&T [NYSE: T]

dividend shares

• Stock Price: $ 33.92
• Dividend yield: 5.90%

AT&T is one of the largest telecommunications companies in the world. Its shares for more than 30 years show exemplary stability of dividends. The conglomerate operates a gigantic network of wireless telecommunication stations, and cash flows of $ 39 million. The company is valued at more than $ 230 billion..
This scale means that AT&T can generously share profits with shareholders. At the end of 2017, she slightly increased the quarterly dividend and continued the 34-year tradition of promotions. It is a safe asset for an investor with long-term plans..

3. McCormick & Co. [NYSE: MKC]

dividend shares

• Stock Price: $ 134.02
• Dividend yield: 1.56%

McCormick Food Company has been paying dividends to shareholders for nearly 100 years and has been increasing their size for 30 years. The products of the industrial giant are: sauces, spices, products of national cuisine. Brand always has a place in the shopping cart of an American buyer.

4. Hormel Foods Corp. [NYSE :? HRL]

dividend shares

• Stock Price: $ 39.68
• Dividend yield: 1.90%

This corporation is well aware of the tastes of American consumers. Hormel produces signature lunches, Skippy peanut butter and Muscle Milk dairy products. HRL shares are a rare case of constancy in terms of increasing additional payments – for 52 consecutive years, the corporation adds dividend payments. Hormel does not have crazy growth numbers in stock prices, but the foundation needed for long-term investment is more than strong.

5. Exxon Mobil Corp. [NYSE: XOM]

dividend shares

• Stock Price: $ 86.15
• Dividend yield: 3.79%

Despite the development of alternative energy, fossil fuels remain the same basic product for mankind in 2018 as food in supermarkets. Exxon Corporation 10 years ago decided to break out of oil dependence and diversify its business. So the deal was made to purchase XTO Energy for $ 41 billion, and the company began to develop also natural gas.

Exxon’s diversified energy portfolio and annual revenues of up to $ 300 million guarantee stability and suggest that investors will continue to receive additional returns.

6. PepsiCo [NASDAQ: PEP]

dividend shares

• Stock Price: $ 107.52
• Dividend yield: 3.41%

Under the influence of popular culture, which motivates to abandon soda and junk food, you might think that Pepsi has unenviable prospects. But this is not so. Strong corporations adapt to market requirements.

Soft drinks and Doritos chips remain the main sources of revenue for the corporation, but the company has already prepared “healthy” alternatives – Stacy’s chips and Pure Leaf teas. PepsiCo can sell, meet customer requirements and manage competently. Therefore, for 45 consecutive years she has been increasing dividends by shareholders..

7. Target Corp. [NYSE: TGT]

dividend shares

• Stock Price: $ 85.97
• Dividend yield: 2.96%

The retailer Target appeared in Minneapolis in 1962, and in 1967 became public. At the time of entering the stock market, the corporation initially focused on the payment of dividends – shareholders received them already in the first year. Target managed to increase these contributions annually for 47 years in a row. Despite the serious challenges of the e-commerce era, a strong brand and commitment to principles make TGT a good choice for long-term investment..

8. Abbott Laboratories [NYSE: ABT]

dividend shares

• Stock Price: $ 72.04
• Dividend yield: 1.52%

Another stable sector that you need to pay attention to when trying to earn dividends is healthcare. People get sick in bad and in good times, so the demand for services and products of companies is not very dependent on crises. Abbott is one of the oldest pharmaceutical brands whose history goes back to the end of the 19th century..

The US dividend list cannot do without ABT. This company is a longtime Wall Street dividend payer. Shareholders get them for almost a century, and in the last 46 years there has been an annual increase.

Abbott Laboratories has a diversified product line that includes drugs, healthy foods and baby food. The company has everything that is necessary for successful work, maintaining the image and further encouraging investors.

9. Consolidated Edison [NYSE: ED]

dividend shares

• Stock Price: $ 76.11
• Dividend yield: 3.71%

There are dividends in the US utility sector. Electricity is as important as food or sleep for a person of the 21st century. Demand for utilities does not fluctuate, therefore, investment in this industry is considered safe.

True, there is also no reason to expect big growth from utility companies, since there are geographical monopolies, the industry is tightly regulated, and opportunities for competition are limited. Consolidated Edison serves New York and its surrounding areas. At the beginning of this year, the company announced that the percentage of dividends will be slightly increased. Thus, this is already the 44th consecutive year of annual increase in payments..

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Comments: 1
  1. Lily Simmons

    What are the key factors that have contributed to Clorox Co.’s success in the market?

    Reply
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