3 High Dividend Consumer Staple Stocks Heating Up After Earnings

Procter & Gamble Co. (NYSE:PG) reported its results for the first quarter. Net income for Procter & Gamble Co. fell to $3.02 billion ($1.03 per share) vs. $3.08 billion ($1.02 per share) a year earlier. This is a decline of 2% from the year earlier quarter. Revenue  rose 8.8% to $21.9 billion from the year earlier quarter. PG fell in line with the mean analyst estimate of $1.03 per share. Analysts were expecting revenue of $21.55 billion.

“The first quarter was a good start to the fiscal year,” said Chairman of the Board, President and Chief Executive Officer Bob McDonald. “We maintained strong top-line growth momentum in a difficult operating environment.We are well positioned – due to continued top-line strength, recently implemented price increases and our productivity improvement and cost savings efforts – to improve earnings growth as we progress through the fiscal year.”

Competitors to Watch: Church & Dwight Co., Inc. (NYSE:CHD), Colgate-Palmolive Company (NYSE:CL), The Clorox Company (NYSE:CLX), Henkel AG & Co. (HEN3), Kimberly-Clark Corporation (NYSE:KMB), Johnson & Johnson (NYSE:JNJ), Teva Pharmaceutical Industries Ltd (NASDAQ:TEVA), The Stephan Co. (SPCO), CCA Industries, Inc. (AMEX:CAW), and Zep, Inc. (NYSE:ZEP).

Altria Group Inc. (NYSE:MO) reported higher profit for the third quarter as revenue showed growth. Net income for the cigarette company rose to $1.17 billion (57 cents per share) vs. $1.13 billion (54 cents per share) in the same quarter a year earlier. This marks a rise of 3.8% from the year earlier quarter. Revenue excluding excise taxes, fell 3% to $4.33 billion from the year earlier quarter. MO reported adjusted net income of 56 cents per share. By that measure, the company fell in line with the mean estimate of 56 cents per share.

“Altria made significant progress in the third quarter on its plans to continue delivering strong returns to shareholders,” said Michael E. Szymanczyk, Chairman and Chief Executive Officer of Altria. “The company increased its dividend 7.9% and grew third-quarter adjusted diluted EPS 3.7%, and our consumer products businesses continued to expand their adjusted operating margins.”

Competitors to Watch: Reynolds American, Inc. (NYSE:RAI), Lorillard Inc. (NYSE:LO), Philip Morris Intl. Inc. (NYSE:PM), Vector Group Ltd. (NYSE:VGR), Star Scientific, Inc. (NASDAQ:CIGX), Imperial Tobacco Group PLC (ITYBY), British American Tobacco (AMEX:BTI), Alliance One Intl., Inc. (NYSE:AOI), and Universal Corporation (NYSE:UVV).

Colgate-Palmolive Co. (NYSE:CL) reported its results for the third quarter. Net income for the personal products company rose to $643 million ($1.31 per share) vs. $619 million ($1.21 per share) in the same quarter a year earlier. This marks a rise of 3.9% from the year earlier quarter. Revenue rose 11.2% to $4.38 billion from the year earlier quarter. CL fell in line with the mean analyst estimate of $1.31 per share. Analysts were expecting revenue of $4.37 billion.

Ian Cook, Chairman, President and Chief Executive Officer commented on the results and outlook excluding the third quarter 2011 items noted above, “We are pleased with our strong top and bottom line growth this quarter with worldwide net sales, operating profit, net income and diluted earnings per share all increasing versus year ago, despite very sharp increases in material costs, an intense competitive environment and challenging macroeconomic conditions worldwide.”

Competitors to Watch: The Procter & Gamble Co. (NYSE:PG), Church & Dwight Co., Inc. (NYSE:CHD), The Clorox Company (NYSE:CLX), CCA Industries, Inc. (AMEX:CAW), Unilever plc (NYSE:UL), Avon Products, Inc. (NYSE:AVP), The Stephan Co. (SPCO), Kimberly-Clark Corporation (NYSE:KMB), PC Group, Inc. (PCGR), and Alberto-Culver Company (NYSE:ACV).

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