3 Consumer Staples Companies for Long-Term Dividend Investing
MDLZ Mondelez International Inc
$61.50 -0.47%
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- 1Mondelez sells products in more than 150 countries and has recorded an annual dividend growth rate of approximately 10% over the past 5 years.
- 2Tyson processes about one-fifth of the beef, pork, and chicken sold in the United States.
- 3Kraft Heinz has maintained quarterly dividends for more than 27 consecutive quarters based on $3.7 billion in free cash flow during the last fiscal year.
So what's the key point?
Mondelez, Tyson, and Kraft Heinz are companies that provide steady dividends or sell large volumes of products. This means they are companies that are good for investing to receive dividends over the long term.
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