Companies you should consider as the backbone of a diversified dividend stock portfolio
If I had to write a list containing fifty rock solid businesses with
- a highly profitable and durable business model,
- a broad economic moat on the basis of iconic brands,
- an excellent track record of superior cash generation,
- sound financial fundamentals,
- a compelling dividend history,
- several robust catalysts for future growth
and therefore perfectly suited to be a core holding of a conservative dividend growth investor to build intergenerational wealth, at least half of them would be the big names of the consumer staples sector, especially following businesses:
- Nestlé
- Unilever
- Hershey
- J.M. Smucker
- Brown-Forman
- Diageo
- The Heineken Company
- Pernod Ricard
- The Coca Cola Company
- PepsiCo
- Starbucks
- Mac Donalds
- Procter & Gamble
- Kellogg
Stocks of such wonderful businesses truly are for life. Read more… »