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60+ Year-Increasing Household Products Specialist Reaffirmed in Best Dividend Protection Stocks Model Portfolio

Consumer staples stocks are known for their steadfastness through full market cycles. After all, we always need to wash our clothes and brush our teeth. This boring nature makes it ideal for conservative investors. But not all consumer staples are cut from the same cloth. Some like our latest Best Dividend Protection Stocks Model Portfolio pick offer plenty of growth as well.

Our pick is one of the largest producers of household goods on the planet, with numerous billion-dollar brands under its wing. This status as consumer staples royalty has helped it produce ample and steady cash flows for years. And it rewards shareholders with more than six decades worth of dividend increases over that time. This steadfastness has made it a top dividend name for many conservative investors.

But growth can be had in our pick. Thanks to the strength of its brands, our pick has been able to transition these brands into additional products, drive innovation, and ultimately boost revenues and profits. Its latest quarter was a testament to this fact.

With a conservative growth mindset, our consumer pick is a great selection for older and more risk-averse investors. Watch for when the stock goes ex-dividend on Tuesday, August 2nd (estimated date).

You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.

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