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60+ Year-increasing Beverage Maker Added to Best Dividend Protection Stocks Model Portfolio

There are certain iconic products and brands that trend the line between must-haves and little luxuries. For dividend seekers, owning the stocks of the companies that produce these products can result in plenty of stability and strength of income. And our latest Best Dividend Protection Stocks Model Portfolio pick happens to own one of the most iconic brands of all time. Investors can take advantage of our pick’s iconic brand-driven 2.88% dividend by purchasing shares before it goes ex-dividend on Friday, June 16!

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

Our pick happens to be one of the largest beverage makers in the world. With a portfolio spanning plenty of multi-billion dollar brands, our pick has used its standing as “a little luxury” to its advantage over the last six decades. Consumers have spent big on its products no matter the economic environment, making it perfect for conservative investors.

But our pick isn’t a one-trick pony. It’s found ways to find growth as well. With recent moves into the sports nutrition market and beverages focusing on athletes, our pick has continued to see its cash flow grow. Meanwhile, new flavors and new ready-to-drink alcohol partnerships are starting to bear fruit.

All in all, our pick has both the requirements to find growth as well as to keep the cash flowing in the near term. For conservative portfolios, this is a win-win.

In order to make room for our new beverage pick, we’ve removed a cloud-focused tech stock and reduced our holdings in another beverage maker.

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