Best 10 Year Dividend Growth Stocks - 2024

If you're looking for stable and growing dividend stocks, the following companies have demonstrated consistent dividend growth over the past decade. Investing in such stocks can be a solid strategy for long-term wealth accumulation and income generation. These companies span a range of sectors, offering diversified opportunities to capitalize on reliable dividend growth. Below is a list of the best 10-year dividend growth stocks for 2024, perfect for building a resilient investment portfolio.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Johnson & Johnson3.35%79.71%24.04%5.03%0.21%5.83%6.14%
Procter & Gamble2.32%66.12%28.15%7.77%0.29%5.63%4.67%
Coca-Cola3.07%78.28%26.14%10.26%0.40%3.36%5.09%
PepsiCo3.37%75.99%23.18%11.15%0.49%6.63%8.24%
3M2.78%55.40%16.29%15.41%0.96%4.81%10.48%
AbbVie3.58%212.79%59.88%50.84%0.66%10.52%13.98%
Abbott Laboratories1.94%65.30%34.10%4.94%0.15%12.74%13.80%
NextEra Energy2.80%59.48%21.75%3.02%0.14%-15.88%-3.39%
McDonald's2.29%58.34%25.78%-41.06%-1.69%8.26%7.16%
Lowe's1.72%37.18%21.71%-11.08%-0.48%19.29%20.25%
Target3.30%46.70%14.21%4.29%0.31%11.59%10.68%
Colgate-Palmolive2.12%56.15%26.63%175.65%8.21%2.85%-0.36%
Clorox2.95%167.23%57.18%340.23%2.68%5.05%5.83%
General Dynamics2.12%41.22%19.84%3.14%0.17%7.54%12.00%
Lockheed Martin2.58%45.66%17.60%16.32%0.99%8.18%9.78%
Caterpillar1.42%24.61%17.26%9.50%0.58%8.80%11.26%
Texas Instruments 2.75%95.39%35.23%10.13%0.29%13.80%16.72%
Microsoft0.69%24.63%36.87%11.60%0.35%10.16%11.14%
Apple0.40%16.25%39.90%65.67%1.38%-19.56%-22.27%
Exxon Mobil3.46%47.99%14.68%1.84%0.14%2.64%4.11%
Chevron4.24%70.19%16.61%1.77%0.10%6.16%4.47%
Southern3.44%63.19%19.33%2.74%0.15%3.16%3.28%
Public Storage3.78%121.41%29.31%5.79%0.19%8.45%8.83%
Realty Income5.65%291.48%54.78%1.25%0.02%3.00%3.46%
Duke Energy3.80%92.18%19.43%1.71%0.09%2.24%2.77%
Verizon6.32%114.26%18.21%1.85%0.10%2.02%2.37%
AT&T4.70%90.45%18.79%1.66%0.09%-11.11%-4.72%
Union Pacific2.25%48.15%21.51%8.61%0.42%11.19%5.80%
Raytheon Technologies2.11%67.44%33.27%2.57%0.08%-3.93%0.56%
Home Depot2.14%60.05%28.58%72.17%4.47%15.20%18.28%
Kimberly-Clark3.72%62.10%16.91%34.31%2.38%3.37%3.83%
Intel1.84%-13.32%-5.47%0.88%-0.15%-9.22%-1.94%
Walmart0.88%33.23%38.50%8.60%0.23%1.85%1.95%
Johnson Controls International1.76%58.65%32.75%3.47%0.11%7.17%8.84%
Medtronic3.37%84.54%24.67%2.18%0.09%13.50%9.60%
Amgen3.33%112.70%34.36%19.31%0.68%10.04%16.31%
Bristol-Myers Squibb4.09%-66.20%-16.40%6.95%-0.36%7.34%2.62%
Pfizer6.57%221.76%34.03%1.57%0.05%3.82%5.50%
Merck & Co2.26%63.72%21.26%5.80%0.29%8.26%5.52%
Eaton1.06%39.12%37.52%7.40%0.20%5.44%7.43%
Broadcom0.94%166.48%178.43%15.54%0.09%10.81%36.00%
Automatic Data Processing1.41%58.20%31.53%22.69%0.82%12.96%11.18%
Illinois Tool Works2.08%48.42%23.49%23.93%1.12%8.77%12.98%
S&P Global0.72%32.01%44.31%4.63%0.10%12.47%12.39%
BlackRock1.93%50.26%25.74%3.80%0.15%10.72%11.52%
Chubb1.30%14.19%11.15%1.70%0.16%3.29%0.42%
American Express0.89%19.64%21.63%7.20%0.34%10.01%10.43%
Morgan Stanley2.79%53.87%18.07%1.95%0.11%24.19%32.16%
Travelers Companies1.68%20.76%12.33%2.02%0.18%5.34%7.20%
Crown Castle6.45%222.15%34.40%7.98%0.21%7.93%0.00%