Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Global Giant With 3M+ Customers Worldwide Added to Best Dividend Stocks List

Dividend logo

Dividend.com added one of the largest packaged-food manufacturers in America to the Best Dividend Stocks list. This company was founded more than 100 years ago and today rules the American breakfast table. People are not going to stop having breakfast, even during recessions. The company has also recently forayed into snacks and frozen foods.

It has a mid-50% payout ratio that leaves plenty of room to grow its dividend. It has paid out more than 365 dividend payouts to shareholders over a period of 90+ years. This food manufacturer has managed to grow its dividend by more than 6,400% over the last half century. It is expected to provide an earnings growth of more than 7.32% in 2017, which is a strong positive for the company to keep increasing its dividend.

To summarize, here are 4 reasons why you should own this stock:

  • Recession proof business.
  • Strong history of paying dividends – and growing them.
  • The company has given more than 10 consecutive years of annual dividend growth.
  • Dividend yield is higher than the broader market and its industry average.

Soft Removal From the Best Dividend Stocks List

We are removing an industrial stock from the Best Dividend Stocks list that was added on 02/16/16. This stock, in a span of only 4 months, has given a return of 16%, excluding dividends. We continue to stay very bullish on this stock and continue to rate it at 3.5.

Click Go Premium to start your 14-Day FREE trial and get access to the Best Dividend Stock addition below.

To read the Full Story, Go Premium or Log In

Popular Articles

News

JP Morgan Chase Increases Dividend by 4.17%

Each day, companies across the globe announce upcoming dividend payouts. In our Dividend Payout...

Premium First%20quarter
News

The Market Glance for March 27: First Quarter Draws to an End

Record highs on Wall Street, rising U.S. interest rates and a positive earnings season were some...

News

U.S. Bancorp Leads 273 Stocks Going Ex-Dividend This Week

There are 273 stocks going ex-dividend this week starting Monday, March 27. For income investors...