There are only a handful of these companies worldwide, most of them being US based.
A company that has managed to increase dividends each year for over half a century has a stable business model that has endured a lot over a long period of time.
As investors who want to live off dividends in retirement, we want to concentrate on quality businesses that operate in industries with significant competitive advantages.
This will allow those businesses to grow earnings and pay higher dividends over time. Raising dividends for over half a century is no small accomplishment and it is testament to the stability of the business model.
There are currently 18 Dividend Kings. Each Dividend King satisfies the primary requirement to be a Dividend Aristocrat (25 years of consecutive dividend increases) twice over.
The table of contents below lists out all 18 Dividend Kings so you can jump to analysis of each specific company:
Dividend Kings: An Update Stocks With The Longest Dividend Growth History (click to enlarge) |
Source: http://www.valuewalk.com |