My Forever Portfolio: 5 Dividend-Paying Value Stocks That Are Too Cheap to Ignore
These five dividend payers sell things people don't stop buying, and the market is pricing them accordingly.
Five dividend-paying value stocks in the consumer staples sector are currently undervalued, according to a November 2 report. Kimberly-Clark, which acquired Kenvue's Tylenol and Listerine brands, trades at around $112 with a 4.6% dividend yield and a 54-year streak of dividend increases. Clorox, trading near $105, also offers a 5.3% dividend yield and has raised its dividend for 60 consecutive years.
Hormel Foods, down 38% over five years but yielding 5.3%, boasts CEO John Ghingo's 40-year dividend increase record. McCormick, down to $48 with a 4% yield, plans to benefit from Unilever's Hellmann's and Knorr acquisition, targeting about $2.1 billion in savings. Constellation Brands, down 37% over three years and trading at $142, targets more beer market share than any other brewer despite a 0.6% decline in distributor sales last quarter.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
