Lanny said it best, the
Dividend Stock #1: Unilever (
First and foremost, I had to put the darling of the dividend growth investor community on my dividend stock watch list. It is no secret on this website that I love consumer stocks that are found in nearly every household. Strong brands provide management with a lot of different options to provide shareholders with value outside of the traditional means (dividend growth and share buybacks), such as spin-offs and sale of products to other organizations. The name of the game is building a growing income stream that is sustainable for a long time; and I personally think that consumer goods and strong brands are a great backbone for this. I’m stepping off my soapbox about consumer stocks now, so why am I watching Unilever.
With the recent dip in price, Unilever’s dividend is quickly approaching 4%. In April, the company announced a