11 Consumer Companies Paying Substantial Dividends
Companies in the consumer goods sector provide the most fundamental and basic necessities to households. Fluctuations in economic conditions have minimal effect on the demand for their products. While the stock prices experience ups and downs, the demand for consumer necessities is inelastic, and expected to go up along with population increases. Here is a list of 11 companies in this industry, paying substantial dividends, and priced with reasonable P/E ratios. All of the following companies offered a minimum 3% dividend yield, and have a minimum market capitalization of $10 billion. Data was obtained from finviz.
Avon Products, Inc. (AVP):
New York-based Avon has a history that dates back to 1886. Avon is the world’s leading direct marketer of cosmetics, and has more than 5 million sales representatives globally. AVP has a market capitalization of $12.61 billion and a P/E ratio of 21.24, while forward P/E ratio is 12.9. During... Read more