Best Consumer Staples Dividend Stocks - 2024

Consumer staples dividend stocks offer a solid investment opportunity, particularly for those seeking stability and consistent income. These companies produce essential goods like food, beverages, household products, and personal care items—products that are always in demand, regardless of economic conditions. Investing in consumer staples dividend stocks provides a reliable source of passive income due to their steady cash flows and strong track records of paying dividends. These stocks tend to be less volatile than those in other sectors, making them an attractive option for conservative investors looking for growth and income. We’ll explore a list of top consumer staples dividend stocks to help you build a portfolio that can withstand market fluctuations while providing consistent returns.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Alico0.80%5.85%7.32%0.71%0.10%-3.58%-5.71%
AMCON Distributing0.98%14.54%16.54%0.64%0.04%-6.36%0.00%
Andersons1.57%21.70%13.71%1.24%0.09%2.30%1.45%
Armanino Foods of Distinction3.34%59.80%18.14%6.90%0.41%1.92%5.86%
B&G Foods12.16%-228.23%-18.84%0.66%-0.03%-16.66%-4.70%
Bunge2.96%33.28%11.15%1.27%0.11%6.05%8.49%
Calavo Growers1.84%-80.51%-54.77%2.38%-0.04%-21.40%-8.12%
Campbell Soup3.40%78.48%16.78%2.51%0.15%1.12%9.41%
Church & Dwight1.03%49.84%49.07%6.43%0.13%4.62%-0.27%
Clorox3.60%167.23%58.31%346.91%2.68%5.05%5.83%
Coca-Cola3.83%78.28%25.92%10.18%0.40%3.36%5.09%
Colgate-Palmolive2.65%56.15%26.68%175.97%8.21%2.85%-0.36%
Conagra Brands6.61%135.38%25.65%1.46%0.06%9.86%3.12%
Costco Wholesale2.22%122.72%56.06%17.48%0.32%53.71%31.73%
Dollar General3.86%36.63%11.88%2.32%0.21%9.39%0.00%
Edgewell Personal Care2.15%31.44%17.40%1.08%0.06%0.00%0.00%
Flowers Foods5.38%62.53%19.22%3.29%0.17%5.09%5.09%
G. Willi-Food International1.70%48.33%14.39%1.05%0.07%0.00%0.00%
Hormel Foods4.80%78.17%20.66%2.05%0.10%7.96%4.93%
Inter Parfums2.90%48.74%21.20%5.14%0.26%22.53%10.04%
J&J Snack Foods2.28%64.91%37.15%3.36%0.09%9.18%13.63%
Kellogg3.50%76.62%27.49%7.57%0.30%1.24%2.66%
Keurig Dr Pepper2.78%51.93%18.77%1.71%0.09%-62.12%-6.04%
Kimberly-Clark4.47%62.10%17.46%35.43%2.38%3.37%3.83%
Kraft Heinz6.54%141.82%27.01%0.77%0.03%-8.54%0.00%
Kroger2.10%30.05%15.03%3.36%0.23%15.72%5.99%
Lamb Weston2.34%29.91%17.84%6.01%0.35%7.94%0.00%
Limoneira1.14%96.85%76.50%2.39%0.03%2.71%7.18%
Molson Coors Beverage3.51%39.17%13.85%0.97%0.07%0.00%2.51%
Mondelez International2.73%60.30%22.41%3.07%0.14%11.03%9.23%
Mowi3.75%68.87%20.57%2.43%0.12%-6.43%0.00%
PepsiCo4.21%75.99%23.00%11.06%0.49%6.63%8.24%
Phibro Animal Health2.49%111.70%56.10%3.78%0.07%2.71%0.00%
Philip Morris International4.05%82.53%20.49%-20.78%-0.96%2.74%3.68%
PriceSmart2.46%47.64%18.93%2.34%0.13%5.62%11.86%
Primo Water4.84%61.28%41.63%2.62%0.06%5.92%3.27%
Procter & Gamble2.91%66.12%28.10%7.76%0.29%5.63%4.67%
Quanex Building Products1.33%14.30%13.29%1.66%0.13%5.92%7.18%
Seaboard0.42%-450.00%-1298.23%0.57%-0.00%8.45%0.00%
SpartanNash5.95%23.85%20.26%0.80%0.04%3.62%9.41%
Sysco2.72%51.82%18.85%16.59%0.91%6.58%3.45%
Target2.13%45.29%16.08%5.00%0.33%11.59%10.68%
Turning Point Brands0.57%10.08%22.66%5.80%0.28%9.52%0.00%
Tyson Foods3.12%85.50%27.26%1.19%0.04%8.64%23.98%
Unilever3.81%64.35%20.70%6.77%0.35%0.22%2.84%
Universal7.34%64.59%11.22%0.97%0.09%4.11%4.75%
Vector6.67%63.35%11.54%-3.23%-0.27%-12.94%-6.58%
Walmart0.94%33.23%35.38%7.90%0.23%1.85%1.95%