Defensive Dividend Stock Interest rates are coming down, the rate cutting cycle has started in the EU and the UK. Time to look at the best defensive stocks out there.
Reckitt Benckiser is close to the top of my list for the following reasons:
1. High divident yield - 4.51%. This will soon be higher than having money par
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0.47 USD
1.82 B USD
18.11 B USD
About Reckitt Benckiser Group plc
Sector
Industry
CEO
Kris Licht
Website
Headquarters
Slough
Founded
2007
ISIN
US7562552049
FIGI
BBG003QRDPS5
Reckitt Benckiser Group Plc engages in the manufacture and trade of consumer brand products including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, and Woolite. It operates through the following segments: Hygiene, Health, and Nutrition. The company was founded by Isaac Reckitt in 1840 and is headquartered in Slough, the United Kingdom.
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CoronaVirus Stockwhat is this stock?
this is the company that makes Lysol and other flu related products such as Mucinex, Airborne and so on.
Similar to Clx, i think this is an overall smart fundamental play. expect demand of those products to go through the roof and they will be having upcoming strong quarters.
if
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