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Better Dividend Stock: Procter & Gamble vs. McCormick

TheMotleyFool

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Better Dividend Stock: Procter & Gamble vs. McCormick: https://g.foolcdn.com/editorial/images/726220/choosing-domestic-cleaning-product-by-the-supermarket-shelf.jpg

Consumer staples stocks are finding more proponents on Wall Street these days. Given the current macroeconomic conditions, investors appreciate these companies' ability to grow earnings through recessions, not to mention the steady dividend growth that many of them offer.

But which ones belong in your portfolio?

Let's take a closer look at two successful consumer businesses, Procter & Gamble (NYSE: PG) and McCormick (NYSE: MKC), that have roughly 100 years of consecutive annual dividend raises between them to see which would be the better fit for most income investors.

Source Fool.com

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