Why should you care about dividends? Well, you shouldn’t necessarily. There are many different investment styles, and dividends aren’t on everyone’s list. But many investors look to dividends for income, and the higher the yield, the better. This is especially true for retirement accounts, as dividends can add up and provide a real source of income for people who aren’t working.
There’s more than one approach in dividend investing as well, such as higher yields or stock gains. Kimberly Clark (NYSE: KMB), PepsiCo (NASDAQ: PEP), and Starbucks (NASDAQ: SBUX) are all companies that offer a steady and growing dividend that yields more than the S&P 500 average.
If you were one of the many people who stocked up on toilet paper at the beginning of the pandemic, you may have purchased Scott or Cottonelle, owned by Kimberly Clark. The company owns many brands in what it calls the tissue segment, such as these toilet paper brands, Kleenex tissues, and Viva paper towels in the U.S., as well as in baby care, feminine care, and adult care, and operates in 175 countries.