Procter & Gamble
As one of the world's largest consumer products manufacturers, Procter & Gable (PG) is no stranger to Dow investors. But a 3.11% dividend yield gives this stock Dog status for 2012 -- and makes shares worth taking a second look at today.
Procter & Gamble owns some of the most well-known consumer brands out there, from Tide detergent to Charmin toilet paper to Gillette razors. That consumer non-cyclical exposure has been a big benefit for shareholders looking for defensive positioning during shaky market conditions. Because P&G's offerings are crucial for households, and customer stickiness relatively is high for most of its brands, the firm never saw the recessionary sales drops that Wall Street expected back in 2008 and 2009.Now increasing international exposure is P&G's path to growth. As a burgeoning middle class in the emerging markets starts spending more on household goods, Procter is taking an increasing share of buyers' shopping baskets abroad. Lowered costs should be an important trend to watch in 2012. Procter & Gamble, one of the top-yielding consumer non-durables stocks, is also one of 10 Top Warren Buffett Dividend Stocks. Follow @stockpickr