Stocks from the Household & Personal Goods industry are attractive to add during any market condition for some of the following reasons:
- They offer stability to a portfolio when markets are volatile.
- These stocks pay decent and consistent dividends.Many of them also tend to increase dividends periodically.
- Consumers rely on products produced by these companies during expansionary and contraction periods. For example, consumers buy personal care products regardless of economic conditions.
Five European Household & Personal Goods stocks are listed below for consideration:
1.Company: Reckitt Benckiser Group plc (RBGLY)
Current Dividend Yield: 2.59%
Sector: Household goods
2.Company: adidas AG (ADDYY)
Current Dividend Yield: 2.07%
Sector:Textiles, Apparel & Sports Goods
3.Company: British American Tobacco PLC(BTI)
Current Dividend Yield: 3.92%
4.Company: Imperial Tobacco PLC(ITYBY)
Current Dividend Yield: 4.36%
5.Company: Henkel AG & Co KGaA (HENKY)
Current Dividend Yield: 1.66%
Sector: Household Products
Note: Dividend yields noted above are as of July 22, 2014. Data is known to be accurate from sources used.Please use your own due diligence before making any investment decisions.
Disclosure: Long RBGLY, HENKY