This 4.5%-Yielding Dividend Stock Is Beating the S&P 500 and the Nasdaq. 3 Reasons That Can Continue in the Second Half of 2026 As of market close on July 7, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) are up 9.6% and 11.1% year to date (YTD),…
spectively, and hovering around all-time highs. The tech sector — which makes up 38% of the index — is largely responsible for the strong gains because it is up 24.5% YTD
However, some noteworthy value stocks are doing even better than the tech-heavy S&P 500. Kimberly-Clark (NASDAQ: KMB) is up 13.7% YTD, and that’s without even factoring in two $1.28 per share dividend payments. Earlier this year, Kimberly-Clark raised its dividend for the 54th consecutive year, retaining its spot on the list of Dividend Kings, which have at least 50 consecutive years of dividend increases.
Here’s why Kimberly-Clark remains a great dividend stock to buy for the second half of the year. 1. Kimberly-Clark is recession-resistant Kimberly-Clark has a portfolio of leading household and personal care brands, many of which are paper-based. Its crown jewel is Huggies, which is the No. 2 diaper brand in the world behind Pampers.