The consumers staple industry is always highly sought after by dividend investors. They typically are companies that have been around for many, many years that date back even before our time. As dividend investors, we love companies that make products that are widely consumed by majority of the populations, at least in developed countries, but also those that have plans to expand to those countries not as developed. Growing up, I loved pepperoni, chili and other types of food. A brand sticks out to me that serves both up, as well as is expanding into the food conscience society we live in now and that major player is Hormel Foods Corp. (HRL). On October 19th, I purchased shares into this perfectly tasteful pepperoni making company!
It’s that time of the month, where I have my calculator, the pen & pencil & I start analyzing what I love most, dividend stocks, and to see which companies have a chance to be on my watch list. I like to come out with the watch list towards the end of the month, as I line up my capital troops to see where they may be deployed. I did not make any investment stock purchases in July, yet, and the capital lineup is getting bigger.