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17 Dividend Kings And Which To Own Now

Many investors are familiar with the Dividend Aristocrats Index that consists of companies in the S&P 500 Index that have increased their dividend payouts to shareholders every year for the last 25 years. 

A smaller elite group of these companies have come to be known as “Dividend Kings”, generally used to describe stocks that have had 50 years of consecutive dividend increases. 

A business that can not only adapt to ever-changing business and economic conditions, but also manage to continue to grow its dividend payment for 50 consecutive years may imply a durable competitive advantage and management that is committed to returning capital to shareholders. Today, there are just 16 Dividend Kings. Attached is a nice list of them, check it out.

There are a fair number of studies showing that Dividend Kings have historically held up better during market downturns, riding out bear markets better than other stocks and also have recovered faster. It's important to care for you adequate share of Dividend Kings in your portfolio, especially in volatile times.

My favorite picks are Procter, Genuine Parts, 3M, Dover, Nordson and Lowe's. Those stocks should grow earnings while the forward P/E is not too far away from normal. Do you agree with me?

Here are the Dividend Kings....

Company
Ticker
Years
American States Water
AWR
61
Dover Corp.
DOV
60
Genuine Parts Co.
GPC
59
Northwest Natural Gas
NWN
59
Parker-Hannifin Corp.
PH
59
Procter & Gamble Co.
PG
59
Emerson Electric
EMR
58
3M Company
MMM
57
Cincinnati Financial
CINF
55
Vectren Corp.
VVC
55
Coca-Cola Company
KO
53
Johnson & Johnson
JNJ
53
Lowe's Companies
LOW
53
Colgate-Palmolive Co.
CL
52
Lancaster Colony Corp.
LANC
52
Nordson Corp.
NDSN
52
Farmers & Merchants Bancorp
FMCB
50

17 Dividend Kings (click to enlarge)

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