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50+ Year-increasing Protein Producer Added to Best Dividend Protection Stocks Model Portfolio

With the current economic environment, many investors have turned to safety for their portfolios. And you can’t get much safer than the consumer staples sector. No matter what the economy is doing, we still need to eat, brush our teeth, and wash our clothes. That fact has propelled our latest Best Dividend Protection Stocks Model Portfolio pick for decades. It’s rewarded shareholders too with more than 50 years’ worth of dividend increases and currently yields 2.25% yield!

Our pick is one of the largest producers of protein and packaged foods in the country. With plenty of leading brands under its belt, our pick’s products are found in a variety of kitchens – both commercial and consumers. This fact has continued to help our pick see rising cash flow throughout its history.

Better still has been our pick’s focus on natural, meal-ready and plant-based protein offerings. This has provided extra growth to its bottom line. And if that wasn’t enough, our pick’s ability to pass on cost increases to consumers has helped it keep margins high.

The end result is a steadfast pick in the consumer staples sector – perfect for conservative investors.

In addition to our new protein pick, we’ve removed a regional bank from the list.

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

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