Terry Smith's top dividend stocks (April 2026) include Clorox Co. (CLX), a consumer goods giant known for its broad portfolio of cleaning supplies and household essentials.

Terry Smith is the founder and Chief Executive Officer of Fundsmith LLP, one of the UK's largest fund management companies. He is known for his investment philosophy which centers on buying and holding high-quality businesses for the long term, focusing on companies with sustainable competitive advantages and consistent cash flow generation.

Clorox Co. (CLX)

Clorox Co. is a multinational manufacturer and marketer of consumer and professional products. Its well-known brands include Clorox bleach, Pine-Sol cleaners, Glad bags, and Brita water filters, catering to everyday household needs across the globe. This stalwart in consumer packaged goods offers a robust dividend yield of 4.84%, with a trailing twelve-month dividend rate of $4.94 per share. The current value of this position in Terry Smith's portfolio is approximately $63.58 million, and analysts have set a price target of $115.0 for the stock, with a discounted cash flow valuation of $257.49.
Here's an overview of Terry Smith's trades in Clorox Co.:

Philip Morris International Inc (PM)

Philip Morris International is a leading international tobacco company focused on producing and selling cigarettes, as well as smoke-free products and devices. Its portfolio boasts iconic global brands like Marlboro, alongside a growing presence in the reduced-risk product category. Investors in Philip Morris International enjoy a trailing twelve-month dividend rate of $5.76, translating to a dividend yield of 3.52%. Terry Smith holds a significant position in the company, currently valued at $1.01 billion. The stock also carries an analyst price target of $194.3, with a discounted cash flow value estimated at $246.24.
Here's an overview of Terry Smith's trades in Philip Morris International Inc:

Automatic Data Processing Inc. (ADP)

Automatic Data Processing, Inc. is a global provider of cloud-based human capital management (HCM) solutions. The company offers a wide range of services including payroll, benefits administration, talent management, and HR outsourcing to businesses of all sizes worldwide. This information sector giant features a current dividend yield of 3.22% and has paid out $6.8 per share over the past twelve months. Terry Smith’s current portfolio position in Automatic Data Processing Inc. stands at $848.88 million. Furthermore, its discounted cash flow valuation is $364.08, and analysts project a price target of $273.88.
Here's an overview of Terry Smith's trades in Automatic Data Processing Inc.:

Nike, Inc. (NKE)

Nike, Inc. is the world's largest supplier of athletic shoes and apparel, as well as a major manufacturer of sports equipment. The company's innovative products and powerful brand identity, spanning footwear, clothing, and accessories, are recognized globally across various sports and lifestyle categories. A TTM dividend rate of $1.62 offers a yield of 3.15% to shareholders. The current value of Terry Smith's position in Nike, Inc. is $304.78 million, while analysts have set a price target of $74.61 for the shares. The stock's discounted cash flow value is $37.08.
Here's an overview of Terry Smith's trades in Nike, Inc.:

Procter & Gamble Co. (PG)

Procter & Gamble Co. is a leading global consumer goods corporation, offering a vast array of household and personal care products. Its extensive portfolio includes well-known brands such as Pampers, Tide, Gillette, and Crest, serving billions of consumers worldwide. This consumer staple giant currently provides a dividend yield of 2.96%. The trailing twelve-month dividend rate for the company is $4.23. Terry Smith maintains a holding in Procter & Gamble Co. valued at $613.5 million. The stock also has a discounted cash flow valuation of $217.57, with analysts targeting a price of $162.89.
Here's an overview of Terry Smith's trades in Procter & Gamble Co.: