By: Shauvik Haldar
The Best Dividend Stocks Portfolio has increased its position in a global packaged foods company known for biscuits, chocolate and confectionery products sold across more than 150 countries. The stock carries a low beta of 0.40, which means its monthly price swings have shown almost no correlation with the broader market over the past five years. That kind of steadiness helps smooth out overall portfolio volatility. Its dividend has also grown at an 8% compound annual rate over the past three years, well ahead of the 3% average posted by peers in the same consumer products group. Pairing that kind of price stability with above-average dividend growth is a big part of why this position just got larger.