Dividend kings are the ultimate in the dividend hierarchy.
Although dividend aristocrats have 25-plus years of consecutive dividend increases, dividend kings have 50-plus years of consecutive dividend increases.
There are only 17 dividend kings. Let's take a look at four high-quality dividend kings for investors who want both growth and safety.
One of the four stocks is a utility, while the other three sell slow-changing consumer goods.
The interesting thing about utilities and some consumer goods products is that they have staying power.
Here are the results...
Dividend growth investing is a popular model followed by the investing community to build assets.
Companies which not only pay dividends, but raise them year after year have been shown to perform better overall for investor returns.
Following companies announced dividend increases this week.
These are the dividend grower from the past week...
If you like them to receive, just subscribe to my free newsletter.
Company
|
Ticker
|
New Yield
|
Dividend Growth in %
|
|
|
|
|
|
|
|
|
Barnes Group
|
B
|
1.55
|
8.33%
|
Buckeye Partners
|
BPL
|
6.97
|
1.05%
|
FactSet Research Systems
|
FDS
|
1.32
|
13.64%
|
Marriott Intl
|
MAR
|
1.74
|
20.00%
|
PetMed Express
|
PETS
|
3.9
|
5.56%
|
Pool
|
POOL
|
1.38
|
19.23%
|
Convergys Corp
|
CVG
|
1.29
|
12.50%
|
MSA Safety
|
MSA
|
2.71
|
3.13%
|
Pattern Energy Group
|
PEGI
|
7.64
|
2.36%
|
Black Box
|
BBOX
|
3.82
|
9.09%
|
Columbia Pipeline Group
|
CPGX
|
2.18
|
3.74%
|
HNI Cp
|
HNI
|
2.56
|
3.77%
|
Kelly Services Cl A
|
KELYA
|
1.61
|
50.00%
|
Macy's Inc
|
M
|
4.81
|
4.86%
|
NACCO Industries Cl A
|
NC
|
1.98
|
1.90%
|
Sanchez Production Ptrs
|
SPP
|
16.26
|
1.50%
|
Watts Water Tech
|
WTS
|
1.28
|
5.88%
|
Kelly Services Cl B
|
KELYB
|
1.54
|
50.00%
|
Lennox International
|
LII
|
1.24
|
19.44%
|
NiSource
|
NI
|
2.75
|
6.45%
|
Service Corp Intl
|
SCI
|
1.92
|
8.33%
|
Wabtec
|
WAB
|
0.51
|
25.00%
|
American Software Cl A
|
AMSWA
|
4.91
|
10.00%
|
Hackett Group
|
HCKT
|
1.77
|
30.00%
|
Given the recent negative performance of many apparel retailers and some calls that traditional apparel retailing is dead, we are addressing our thoughts on these issues and discussing which subsectors and companies we see as positioned best for long-term success.
In our opinion, there has been a secular shift in apparel retailing that is a persistent force.
We believe the current trend toward value over brand is here to stay. Unless a product can perform notably better than the competition (keep you warmer, keep you drier, perform better in athletic situations), consumers appear unwilling to pay a premium simply to own a brand.
We also think that shifts in wallet share are here to stay, with experience (travel, restaurants) valued over apparel, and other costs--including healthcare, education, and housing--rising in share.
Finally, we think the shift in distribution channel toward digital will persist.
As a result, we agree that apparel retail growth is not likely to return to historical levels.
Having acknowledged that, we do believe that we are at a low point in the apparel retail cycle and there is future upside.
We do not believe brick-and-mortar apparel retailing is dead; however, it will look much different in the future. We think there is a place for stores where consumers can touch fabrics, try sizes, and see fit.
However, the apparel industry has experienced much self-inflicted near-term malaise. Many management teams have been overly optimistic regarding inventory levels and have not converted to more modern, responsive supply chains.
This has resulted in a highly promotional retail environment that has forced even well-run companies to discount to remain competitive. Also, we think we are nearing the end of the athleisure fashion trend.
With consumers having enough skinny and yoga pants to clothe themselves for a while and no new fashion must-haves, nothing is driving discretionary purchases.
Check out a summary of the big fishes in traditional retailing:
Since the beginning of the year, there is an awkward feeling on the stock market. Earnings seasons has shown companies are having a hard time to propel their revenues higher.
Some are hit by currency headwinds while others are dealing with mediocre global economic growth. Considering the rise of the stock market since 2009 and the fact that earnings are now slowing down, it has become harder to find undervalued companies.
Since interest rates remained close to their all time record lows, many investors moved a part of their money towards equities, especially dividend paying stocks.
This didn't help push stock prices higher. If you have money on the sidelines and you are looking for your next buy, I'm pretty sure your buy list is very short.
In order to help you out, I've highlighted 7 companies that are not only looking undervalued but also pay growing dividends to help you wait while the stock market is going sideways.
These are the results...
Dividend Aristocrats are companies that have increased their dividends for 25 consecutive years.
Those kind of asset class is well known for its investment grade and offers a high degree of safeness for your asset allocation.
Below you can find 7 such stocks that are currently yielding over 3%.
We also analyze their relative strength in terms of stock price performance, payout ratios for dividend reliability, valuation and expected 2017 earnings growth estimates.
These are the results...
