With the 10-year Treasury yield punishing rate-sensitive stocks, five consumer staples giants are quietly doing something bonds never can: growing their payouts year after year, backed by the products in every household on earth.
A gas station attendant and part-time janitor from Vermont quietly accumulated over 95 stocks across five decades, and what his neighbors discovered after his death in 2014 stunned an entire community.
Investors looking for stocks in the Consumer Products - Staples sector might want to consider either National Vision (EYE) or Colgate-Palmolive (CL). But which of these two companies is the best option for those looking for undervalued stocks?
Colgate-Palmolive has sent dividend checks without interruption since Grover Cleveland's second term, but a 130-year streak and a shrinking North American business now sit in uncomfortable tension with a premium valuation that leaves almost no room for error.
The Federal Reserve may keep rates higher for longer, but these three dividend stocks are built around the everyday purchases consumers are unlikely to stop making.
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