Consistency counts and that’s why investors should stick with dividend growers like McCormick & Company (MKC), 3M (MMM) and Jack Henry (JKHY) in a volatile market, said Billy Lanter, investment advisor at Unified Trust Company. ‘They have strong earnings consistency and strong balance sheets,’ said Lanter. ‘We work with a lot of retirees and people close to retirement and these stocks are a really nice play for them.’ Lanter is bullish on shares of McCormick & Company, up 9% year-to-date, saying there is more than a healthy 1.8% dividend that makes the spice-seller attractive. He said the company may trade at a somewhat pricey 23 times its 2017 earnings, but McCormick’s track record merits the premium and it’s future is bright.
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