The dividend kings are some of the best dividend growth stocks of all time. It takes growth and a solid business model to be able to increase a dividend for at least 50 consecutive years. MoneyTreeGrowth would like to provide you a list of Dividend Kings for solid investment choices to add to your dividend growth portfolio.
What is a Dividend King?
A dividend king is a dividend growth stock that has increased dividends for at least 50 consecutive years. Dividend Kings are considered to be some of the best dividend growth stocks around due to their excellent reputation for rewarding shareholders.
The dividend kings usually trade at a premium valuation. MoneyTreeGrowth recommends only investing in the dividend king stocks if the stock has had a recent pull back. This is an important step to begin dollar cost averaging into the stock to get the best yield on cost available.
List of Notable Dividend Kings
Genuine Parts GPC (61 years)
Procter & Gamble PG (61 years)
Emerson Electric EMR(61 years)
3M MMM(59 years)
Cincinnati Financial CINF(57 years)
Lowe’s Companies LOW(55 years)
Johnson & Johnson JNJ(55 years)
Coca-Cola KO(55 years)
Illinois Tool Works ITW(54 years)
Colgate-Palmolive CL(54 years)
Dover Corporation DOV(52 years)
Chubb Limited CB(52 years)
Hormel Foods HRL 51 years)
Stanley Black & Decker SWK(50 years)
Target Corporation TGT(50 years)
Federal Realty Investment Trust FRT (50 years)
Dividend kings do have eye catching records of increasing annual dividend payouts over long periods. The companies currently designated as dividend kings provide an easy way for investors to identify S&P 500 companies with longstanding annual dividend increases, as well as a capacity to provide a steady source of dividends for income seeking investors. Investors should evaluate the financial situation of each company before making an investment decision. Metrics such as share price, price to earning ratio, and dividend payout ratios are important factors to consider before adding any company to a buy and hold portfolio.