Investors’ Favorite Staples Dividend Stocks
Consumer staples such as household and personal products have relatively stable demand over time – people don’t stop cleaning their houses during an economic downturn! Therefore, these companies provide a strong reliable stream of constant income which is a great diversifier during economic downturns. Below is my list of huge dividend-paying stocks in the consumer staples industry that continues to add value to my portfolio holdings.
Reckitt Benckiser Group plc (LSE:RB.)
RB. has a wholesome dividend yield of 2.52% and pays out 53.37% of its profit as dividends . The company’s dividends per share have risen from £0.5 to £1.532 over the last 10 years. It should comfort existing and potential future shareholders to know that RB. hasn’t missed a payment during this time.
Imperial Brands PLC (LSE:IMB)
IMB has a substantial dividend yield of 5.52% and is currently distributing 115.66% of profits to shareholders . While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time.
Persimmon plc (LSE:PSN)
PSN has a substantial dividend yield of 4.98% and a reasonably sustainable dividend payout ratio , with analysts expecting this ratio to be 54.22% in the next three years. Despite there being some hiccups, dividends per share have increased during the past 10 years.
For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
