CINCINNATI, January 24, 2022--Chloe Fineman Leads Pantene’s New Conditioner Collective
Over the past several weeks, investors have been fleeing premium-laden growth stocks in favor of high-quality defensive plays. This flight to safety is being driven by the dual headwinds of historically high inflation rates and the prospect of tighter monetary policies from the Federal Reserve in 2022. Nowhere is this trend more apparent than in the select group of companies known as Dividend Kings, which is an elite group of S&P 500 companies that have boosted their dividends for a minimum of 50 consecutive years.
Shares in Unilever rose 6% on Monday on reports that activist investor Nelson Peltz has built a stake in the consumer goods giant whose strategy is under scrutiny after a short-lived pursuit of GSK's consumer healthcare arm. Peltz's hedge fund, Trian Partners, has built an unspecified stake in Unilever, a person familiar with the matter told Reuters on Sunday. Unilever declined to comment on the investment.