Procter & Gamble
Current Yield: 3.5%
I can’t mention Kimberly-Clark without mentioning its much larger rival Procter & Gamble (NYSE:PG). Chances are good that half or more of the products in your bathroom and laundry room were made by Procter & Gamble — at least if you are an American (overseas, rival Unilever (NYSE:UL) tends to dominate).
P&G makes Crest toothpaste, Gillette razors, Charmin toilet paper and Pampers diapers, among many, many other brands. This is a company that Warren Buffett has dabbled in for years, and it’s easy to understand why. Demand for its products is stable, and its brands have incredible intangible value.
Over the past decade, P&G has raised its quarterly dividend from 19 cents to 56.2 cents — again, not a bad run.