#7: Procter & Gamble
Current Dividend Yield: 3.2%
Performance So Far in 2012: -1%
Procter & Gamble (NYSE:PG) was named one of Dividend Growth Investor’s top dividend plays for 2012 in a recent article on InvestorPlace.com. P&G has raised distributions for 55 years in a row, which has been accomplished by only 11 companies worldwide.
Of course, Procter & Gamble shares have fallen out of favor in 2012 as the attention has been on banks and tech stocks. But the consumer products giant is going nowhere thanks to brands like Gillette, Pampers and Duracell to provide reliable revenue across rough economic times — and thus reliable dividend payments, too.
The flip side of stability in PG is that revenue and profits haven’t been growing at a breakneck pace, but low-risk investors might see that as a plus.