The Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve and other brands.
The K-C Professional segment offers wipers, tissues, towels, apparel, soaps and sanitizers under the Kleenex, Scott, WypAll, Kimtech and KleenGuard brands.
The company sells its household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce. It sells away-from-home use products directly to manufacturing, lodging, office building, food service and public facilities, as well as through distributors and e-commerce.
Kimberly-Clark stock comes with a 3.33% dividend. Jefferies has set a $146 target price, while the consensus target is $132.53. The final trade Wednesday was reported at $140.48 a share.
Northwest Natural
This off-theadar utility stock is another good choice for worried investors looking for income and safety. Northwest Natural Holding Co. (NYSE: NWN), through subsidiary Northwest Natural Gas, provides regulated natural gas distribution services to residential, commercial, industrial and transportation customers in Oregon and southwest Washington.
The company also operates 5.7 billion cubic feet of the Mist gas storage facility contracted to other utilities and third-party marketers; offers natural gas asset management services; and operates an appliance retail center. In addition, it engages in gas storage, water, nonegulated renewable natural gas and other investments and activities.
The company provides natural gas service through approximately 786,000 meters and water services to approximately 80,000 people through approximately 33,000 water and wastewater connections in the Pacific Northwest and Texas.
Shareholders receive a 3.90% dividend. The Maxim target price is $62, and the consensus target is $55. Wednesday’s closing share price was $49.17.
Any company that has paid rising dividends for 50 years or more is the epitome of safe and dependable. All these outstanding stocks have support from top Wall Street analysts, making them good ideas for nervous investors. In these turbulent times, “better safe than sorry” are words to live by for sure, especially given the multitude of events and situations threatening a stock market that ran way past its intrinsic value some time ago.
Originally posted at 24/7 Wall St.
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