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Naughty or Nice: 5 Dividend Stocks You Can Feel Good About Owning

These big firms have benefited investors and the world alike

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Nestle (OTC:NSRGY)Dividend Yield: 3.4%

Let’s start with Swiss food and confectionery giant Nestlé (PINK:NSRGY). Nestlé is one of the largest food and health products companies in the world, making everything from instant coffee to baby food. (The ice cream and chocolate businesses might make Nestlé a little naughty, but we’ll wink and look the other way this time.)

Nestlé recently has made a smashing success of its Nespresso pods, endorsed by actor George Clooney — himself no stranger to feel-good charitable causes — and the company takes pride in its social responsibility. Nestlé’s former CEO Peter Brabeck-Letmathe summed up the company’s position:

“As stewards of large amounts of shareholders’ capital, it is my firm belief that, in order for a business to create value for its shareholders over the long term, it must also bring value to society.”

Nestlé has backed up its words with actions over the years. Nescafé, one of the company’s most iconic products, came out of an effort in the 1930s to help Brazilian coffee farmers deal with a serious oversupply coffee beans. Nestlé has done well by doing good.

The U.S.-traded Nestlé ADRs pay a dividend of 3.4%, which is quite a haul in today’s low-yield world.

Article printed from InvestorPlace Media,

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