Procter & Gamble
Dividend Yield: 3.4%
Finally, I’ll add American consumer products giant Procter & Gamble (NYSE:PG).
Procter & Gamble makes everything. Diapers, laundry detergent, shampoo, razor blades … you name it, it makes it.
The company has made basic necessities affordable for hundreds of millions of people around the world and has improved world sanitation and health. Its Children’s Safe Drinking Water Program has made previously unsafe water drinkable in more than 65 countries and saved tens of thousands of lives. Likewise, through its Live, Learn and Thrive cause, the company claims to have improved the lives of more than 300 million children throughout the world with health and educational programs.
This charitable work is good for business, as it builds goodwill and brand loyalty in the emerging markets that are the company’s future.
Procter & Gamble yields a safe 3.4% in dividends, which makes it one of the highest-yielding stocks for a company its size.
So, there you have it. I’ve given you five socially responsible stock picks that you can feel good about owning while also getting paid a nice stream of growing dividends. Watch out for Part II, where I’ll offer five delightfully naughty ways to enjoy the same.
Charles Lewis Sizemore, CFA, is the editor of the Sizemore Investment Letter, and the chief investment officer of investments firm Sizemore Capital Management. Sizemore Capital is long MSFT, NSRGY and PG. Sign up for a FREE copy of his new special report: “Top 3 ETFs for Dividend-Hungry Investors.”