5 Dividend Kings Boasting 60+ Years of Yield Growth and Promising Prospects
Dividend kings are distinguished by their remarkable track record of consistently paying dividends to shareholders for an impressive span of at least 50 consecutive years. These companies not only distribute dividends regularly but also exhibit a commendable trend of consistently increasing them.
The key advantages of investing in dividend kings can be succinctly enumerated as follows:
Therefore, choosing to invest in dividend kings means aligning with robust, dependable, highly liquid, and sizable companies. These entities boast a notable history of consecutively distributing dividends over many years, further enhancing their appeal to investors.
The attractiveness of these investments lies in the combination of a consistent record of dividend increases and the overall stability exhibited by these companies.
See below all the dividend kings in the US stock market, along with the number of consecutive years of increasing dividends and the corresponding dividend yield:
Below, we'll explore a selection of five dividend kings that appear ready to keep outperforming the market. To enhance our analysis, I will leverage the InvestingPro tool, a professional resource that offers valuable data and information for comprehensive research in this domain.
The company provides natural gas distribution services to residential, commercial and industrial customers in Oregon and Washington. It was founded in 1859 and is headquartered in Portland, Oregon.
It has been increasing its dividend for 68 consecutive years. Its dividend yield is +5.13%. It will distribute it on February 15 and in order to receive it you must own shares before January 30.
Source: InvestingPro
On February 23 it will present its quarterly results and is expected to
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