Consumers help to drive the economy forward by spending on goods and services.
Investors can partake in this spending by owning shares of reputable consumer goods companies.
Luckily, the US market has many solid consumer goods companies that boast stellar track records and strong business models.
Some of these stocks are reliable growth compounders, while others have a long history of paying out dividends.
Here are four high-quality US companies that you can own for the rest of your life.
Monster Beverage (NASDAQ: MNST)
Monster Beverage manufactures and sells energy drinks under popular brands such as Monster Energy, Full Throttle, and Predator.
The first quarter of 2025 (1Q 2025) saw a mixed set of earnings from Monster.
Revenue dipped by 2.3% year on year to US$1.9 billion, but gross profit increased by 2% year on year to US$1.05 billion.
Gross margin improved from 54.1% to 56.5%.
Operating profit grew 5.1% year on year to US$569.7 million, but net profit inched up just
0.2% year on year to US$443 million because of a sharp year-on-year fall in interest income.
Despite the small increase in profit, Monster Energy generated 40% more free cash flow at US$473.2 million compared to a year ago.
Management announced that the company launched several new products during 1Q 2025, with Monster Energy Ultra Blue Hawaiian becoming one of its top-selling products.
Meanwhile, the plan is to continue launching its affordable energy brands, Predator and Fury, in a number of markets worldwide to drive further growth.
Dover Corporation (NYSE: DOV)
Dover is a diversified global manufacturer that produces products such as consumables, supplies, software and digital solutions, and aftermarket parts.
The company reported a solid set of earnings for the first half of 2025 (1H 2025).
Revenue rose 2.2% year on year to US$3.9 billion while operating profit climbed 12.7% year on year to US$651 million.
Net profit, however, plunged because of a large gain on disposal recognised in 1H 2024.
Stripping this out, Dover’s net profit would have shot up 61.1% year on year to US$514.7 million.
Free cash flow remained healthy, too, climbing 18.6% year on year from US$219.8 million to US$260.7 million.
In line with the good results and strong cash flow generation, Dover upped its quarterly dividend per share from US$0.51 to US$0.515.
This increase is the company’s 69th consecutive annual dividend increase.
Earlier this month, Dover announced an expanded global partnership agreement with Bottomline to introduce the BX Platform, a supply chain optimisation solution, to help retailers worldwide.
Management has also identified various secular growth platforms, such as clean energy components and precision components, that will help to drive further growth for the business.
PepsiCo Inc (NASDAQ: PEP)
PepsiCo is a food and beverage company with a wide product portfolio that includes soft drinks such as Pepsi-Cola and Mountain Dew, and snack foods such as Lay’s and Doritos.
The company reported a slightly downbeat set of earnings for 1H 2025 as the business was pressured by inflation.
Revenue dipped by 0.3% year on year to US$40.6 billion while operating profit fell by almost 8% year on year to US$6.2 billion (excluding impairment of intangible assets).
Net profit slid 3.3% year on year to US$4.96 billion.
Despite the weaker result, PepsiCo upped its quarterly dividend to US$1.4225 per share, 5% higher than the prior year.
This increase marked the company’s 53rd consecutive annual dividend increase.
Back in May, PepsiCo announced the acquisition of poppi for US$1.95 billion, representing a transformation of the company’s portfolio.
Poppi is a fast-growing prebiotic soda brand aimed at consumers who value wellness and health.
PepsiCo’s mission is to modernise its soda products for the next generation, and poppi’s low-calorie drinks are one way of doing this.
Parker-Hannifin (NYSE: PH)
Parker-Hannifin is a global leader in motion and control technologies.
For the first nine months of fiscal 2025 (9M FY2025) ending 31 March 2025, revenue stayed flat year on year at around US$14.6 billion.
However, net profit climbed 26.6% year on year to US$2.6 billion.
Free cash flow also rose 7.6% year on year to US$2 billion.
Like Dover, Park-Hannifin also raised its dividends without interruption for 69 consecutive years, with the latest quarterly dividend at US$1.80 per share, up 10% year on year.
Meanwhile, Parker-Hannifin also repurchased a total of US$750 million of shares in 9M FY2025.
The company is also growing through acquisitions.
In late June, the motion control company acquired Curtis Instruments for around US$1 billion to expand its electrification offering.
Curtis designs and manufactures motor speed controllers, instrumentation, and power conversion and input devices, and expects to generate around US$230 million in sales for calendar year 2025.
As the STI hits record highs, long-term investors are asking: can dividends keep up?
In this special National Day webinar, we dive into the earnings outlook for Singapore’s top dividend stocks and what to expect in the months ahead. Secure your free seat here and stay ahead of the curve.
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Disclosure: Royston Yang does not own shares in any of the companies mentioned.