I like the idea of receiving tax efficient payments from long established companies with an established track record of annually increasing their payments to shareholders.
The longest dividend growth history have dividend kings.
Those stocks raised dividends by more than 50 consecutive years without a break.
Today I like to give you an update of the latest dividend kings with current price and fundamentals.
The highest yielding stocks are Emerson, Coca Cola and Procter and Gamble. Only six of them got a strong buy rating by brokerage firms.
My favorites are Procter, Coke, Johnson, Hormel and Colgate. For sure, none of the longest dividend payer has a low forward P/E but high-quality has also its price.
The current pricing measures are also an expression of the current low interest environment.
This implies that rising rates could result in lower stock prices which could only compensated by earnings growth of the corporate.
These are the latest Dividend Kings...
Dividend Kings List 08/2016 (click to enlarge) |