Procter & Gamble
Dividend Yield: 3%
If you didn’t realize that Procter & Gamble (PG) provides an absurdly long list of everyday products, here’s a quick look at some of its brands: Braun, CoverGirl, Head & Shoulders, Gillette, Tide, Tampax, Charmin, Swiffer, Pepto-Bismol, Febreze, Comet and Old Spice.
In that sampling alone, you have enough to clean your house, clean yourself and more — and that helps make its stock one solid investment.
The main appeal, beyond its diversified portfolio, has to be its steady dividend. PG has been rewarding investors since 1891, and its steadily climbing payout has nearly tripled in the last decade alone. Right now, it’s sitting at 60 cents per share — good for a yield of roughly 3%.
That yield’s especially impressive in the face of PG’s recent outperformance. Year-to-date, this supposedly sleepy pick is outpacing the broader market with an 18% climb.
For the cherry on top, Procter & Gamble boasted nearly $15 billion in operating cash flow last year and has $6 billion in its war chest — plenty of reason to believe that payout will keep coming for at least another century.