Dividend Kings are companies with long histories of consecutive dividend increases. The list below covers the list as of 2019.
If you are focused on dividends in your investing strategy, dividend kings can give you ideas of companies to consider for your portfolio. Dividend kings have an extended history of consecutively paying and increasing dividends.
The Dividend Kings can be in the group of stocks you consider for your monthly dividend portfolio. Prior to making any purchases, make sure you do your homework to ensure the stock is the right thing to buy at the moment.
What are Dividend Kings?
A Dividend King is a stock with 50 years or more of consecutive dividend increases. Unlike the S&P 500 Dividend Aristocrats, this list of companies is not officially tracked by the ratings companies.
The list below focuses on the companies headquartered in the United States. The list will change depending on the country you’re looking to focus on.
Dividend Kings may not also be a Dividend Aristocrats because the list below is not tied to the S&P 500.
Before you buy shares in a Dividend King company
You’ve probably heard this before but don’t forget that past results don’t guarantee future performance. It’s not certain a dividend king will continue on its trend of dividend increases forever. These companies have weathered difficult economic and market conditions in the past. The future could result in a stumble.
Always do your own research prior to making a purchase in any company. Make sure the company is currently healthy and on a solid trend forward. Compare the stock’s current price to its 52-week high to determine if it’s a good deal or if you have found a better value for the moment. And decide if the stock fits your dividend investing strategy. Not all great companies are great opportunities at any given time.
List of Dividend Kings updated for 2019
Let’s take a look at the companies headquartered in the United States that are currently part of the Dividend Kings list as of 2019. Additional information about each company including the founding dates, headquarters, and a quick intro do the company.
You may not be familiar with all of them. I know there are a few that I heard about for the first time..
ABM Industries Incorporated (ABM)
Headquartered in New York City, New York
Founded 1909
ABM Industries Incorporated is a facility management provider covering a variety of facility services including electrical and lighting, energy, facility engineering, HVAC and mechanical, janitorial services, landscape, and grounds, parking and transportation
American States Water Company (AWR)
Headquartered in San Dimas, California
Founded in 1929
American States Water Company is a water and electricity utility company with customers in Big Bear Lake and California along with the U.S. government as a government contractor for its water system service. AWR joined the Dividend Kings list in 2018 after reaching 50 years of dividend increases.
Cincinnati Financial Corporation (CINF)
Headquartered in Fairfield Ohio
Founded in 1950 ( as the Cincinnati Insurance Company)
Cincinnati Financial Corporation offers asset management, property & casualty insurance, and life insurance.
Colgate-Palmolive Company (CL)
Headquartered in New York City, New York
Formed in 1928 when Palmolive-Peet (founded 1898) bought the Colgate Company (founded 1806).
Colgate-Palmolive Company is a global consumer products company focused on the production, distribution, and provision of household, health care, and personal care products. It also manufactures veterinary products.
California Water Service Group (CWT)
Headquartered in San Jose, California
Founded in 1926
California Water Service Group is the third-largest publicly traded water utility in the United States, providing water and wastewater services to about two million people in more than 100 communities through four subsidiaries.
Dover Corporation (DOV)
Headquartered in Downers Grove, Illinois
Founded in 1955
Dover is a conglomerate manufacturer of industrial products in four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment
Emerson Electric Company (EMR)
Headquartered in Ferguson, Missouri
Founded in 1890
It manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets. Products include: Process control systems, Climate technologies, Power technologies, Industrial automation, Electric motors, Storage systems, Network power, and Professional tools.
Farmers & Merchants Bancorp (FMCB)
Headquarters: Archbold, OH
Founded in 1897
Federal Realty Investment Trust (FRT)
Headquartered in Rockville, Maryland
Founded in 1962
A real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.
Genuine Parts Company (GPC)
Headquartered in Atlanta, Georgia
Founded in 1925
Distribute automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials. It owns the NAPA Auto Parts brand.
Hormel Foods Corporation (HRL)
Headquartered inAustin, Minnesota
Founded in 1891 (as George A. Hormel & Company)
Offers a wider range of packaged and refrigerated food brands
Johnson & Johnson (JNJ)
Headquartered in New Brunswick, New Jersey
Founded in 1886
An American multinational medical devices, pharmaceutical, and consumer packaged goods manufacturing company
Coca-Cola Company, The (KO)
Headquartered in Atlanta, Georgia
Founded in 1892
An American corporation, and manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups.
Lancaster Colony Corporation (LANC)
Headquartered in Westerville, Ohio
Founded in 1961
Manufacturer and marketer of specialty food products for the retail and foodservice markets including Marzetti®, New York Brand® Bakery, Sister Schubert’s®, and Flatout®.
Lowe’s Companies Inc. (LOW)
Headquartered in Mooresville, North Carolina
Founded in 1946
Operates a chain of retail home improvement and appliance stores in the United States, Canada, and Mexico.
3M Company (MMM)
Headquartered in Maplewood, Minnesota
Founded in 1902 (as Minnesota Mining and Manufacturing Company)
Produces a variety of products, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, dental and orthodontic products, electronic materials, medical products, car-care products, electronic circuits, healthcare software, and optical films.
Nordson Corporation (NDSN)
Headquarters Westlake, Ohio, United States
Founded in 1954
Designs and manufactures dispensing equipment for consumer and industrial adhesives, sealants and coatings
Northwest Natural Holding Company (NWN)
Headquartered in Portland, Oregon
Founded in 1859
Primarily a natural gas distributor, the company services residential, commercial, and industrial customers in Western Oregon and Southwest Washington in the Pacific Northwest
Procter & Gamble Company (The) (PG)
Headquartered in Cincinnati, Ohio
Founded in 1837
An American multi-national consumer goods corporation primarily specializes in a wide range of cleaning agents and personal care and hygienics products.
Parker-Hannifin Corporation (PH)
Headquartered in Mayfield Heights, Ohio
Founded in 1917 (as Parker Appliance Company)
Specializing in motion and control technologies including: aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, and sealing and shielding.
Stepan Company (SCL)
Headquartered in Northfield, Illinois
Founded in 1932
Manufacturer of specialty chemicals including surfactants, specialty products, germicidal and fabric softening quaternaries, phthalic anhydride (P.A.), polyurethane polyols and special ingredients for the food, supplement and pharmaceutical markets.
SJW Group (DE) (SJW)
Headquartered in San Jose, California
Founded in 1866
SJW Group is a water utility processed, distribution, wholesale and retail company that is based in San Jose, California. It served 228,000 connections that serves over 1 million residents in regions of California, and approximately 11,000 connections, which offer water to about 36,000 people in Texas
Stanley Black & Decker Inc. (SWK)
Headquartered in New Britain, Connecticut
Founded in 1843 (as The Stanley Works). Merged with Black and Decker (originally founded 1910) in 2010
Manufacturer of industrial tools and household hardware and provider of security products and locks
Target Corp (TGT)
Headquartered in Minneapolis, Minnesota
Founded in 1902
Target is a general merchandise retailer. Their stores sell a wide range of products including and not limited to personal products, home, and household items, food, clothing and accessories, electronics, toys, and seasonal items.
Tootsie Roll Industries Inc. (TR)
Headquartered in Chicago, Illinois
Founded in 1896
Manufacturer of confectionery including its best-known products: Tootsie Rolls and Tootsie Pops.
And one thing to note with Tootsie Roll if you look at their cash dividend history and think it’s “frozen”. They also distribute stock as part of their dividend payments and this is not reflected in the online histories.
Wrapping up. What are your thoughts on the 2019 Dividend Kings?
Are there companies on the list that were new to you? Or, like me, was surprised that companies are older than you realized? I know I didn’t realize Lowes was founded in the mid-1940s.
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