From the end of the Great Recession to the end of 2021, the broad-based S&P 500 index rocketed 600% higher, but the tech-heavy Nasdaq-100 did even better, returning some 1,250% over that time frame. Rather than using what won yesterday, investors need to fortify their portfolio for the recession that may come tomorrow, and there's no better way to do that than with dividend stocks. Between 1930 and 2021, dividend stocks have never had a decade when they had negative returns, something even the S&P 500 itself can't say.
Procter & Gamble (PG) closed the most recent trading day at $149.25, moving +0.06% from the previous trading session.
The soap and cleaning materials industry battles headwinds from elevated logistics, input and manufacturing costs. Innovation, digital growth and brand building are likely to drive players like PG, RBGLY, HENKY, CHD and CLX.