Top 35 Dividend Kings List: For High Returns in 2024
Dividend Kings are a select group of companies that have not only paid but also increased their dividends for 50 consecutive years or more. This remarkable achievement demonstrates financial strength, stability, and a commitment to rewarding shareholders. Investing in Dividend Kings provides a unique opportunity to secure reliable income while benefiting from the long-term growth potential of these well-established businesses. These companies often operate in sectors that withstand economic downturns, making them a solid choice for conservative investors looking for both stability and dividend growth. We’ll highlight the best Dividend Kings, exploring their financial performance, dividend yields, and why they stand out as top picks for income-focused investors.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| 3M | 2.82% | 55.40% | 16.08% | 15.20% | 0.96% | 4.81% | 10.48% |
| Abbott Laboratories | 2.35% | 65.30% | 35.23% | 5.10% | 0.15% | 12.74% | 13.80% |
| ABM Industries | 1.63% | 36.15% | 22.39% | 1.90% | 0.09% | 4.68% | 3.82% |
| Altria | 8.92% | 66.57% | 9.25% | -27.43% | -2.72% | 5.06% | 7.63% |
| American States Water | 2.11% | 58.68% | 28.67% | 3.63% | 0.14% | 9.33% | 2.31% |
| Andersons | 1.57% | 21.70% | 13.71% | 1.24% | 0.09% | 2.30% | 1.45% |
| Archer-Daniels-Midland | 2.85% | 37.91% | 9.97% | 1.17% | 0.11% | 6.08% | 9.00% |
| Black Hills | 4.13% | 67.96% | 16.90% | 1.29% | 0.08% | 5.31% | 5.10% |
| California Water Service | 2.20% | 31.70% | 14.90% | 1.84% | 0.13% | 6.76% | 4.97% |
| Cincinnati Financial | 2.65% | 15.67% | 7.66% | 1.70% | 0.24% | 7.19% | 6.13% |
| Coca-Cola | 3.83% | 78.28% | 25.92% | 10.18% | 0.40% | 3.36% | 5.09% |
| Colgate-Palmolive | 2.65% | 56.15% | 26.68% | 175.97% | 8.21% | 2.85% | -0.36% |
| Dover | 1.03% | 18.22% | 17.51% | 4.79% | 0.29% | 1.33% | 3.42% |
| Emerson Electric | 1.62% | 61.03% | 37.54% | 3.41% | 0.09% | 1.40% | 2.31% |
| Farmers & Merchants Bancorp | 2.75% | 50.92% | 18.74% | 1.29% | 0.07% | 8.70% | 0.48% |
| Federal Realty Investment Trust | 3.88% | 124.95% | 32.17% | 3.04% | 0.10% | 1.44% | 3.69% |
| Genuine Parts | 4.08% | 50.06% | 15.51% | 3.59% | 0.24% | 5.70% | 5.86% |
| Johnson & Johnson | 3.99% | 79.71% | 25.29% | 5.29% | 0.21% | 5.83% | 6.14% |
| Lancaster Colony | 2.50% | 62.39% | 31.04% | 5.23% | 0.17% | 7.09% | 7.85% |
| Lowe's | 2.18% | 37.18% | 21.49% | -10.97% | -0.48% | 19.29% | 20.25% |
| Nordson | 1.13% | 32.90% | 30.24% | 5.01% | 0.17% | 15.40% | 14.96% |
| Northwest Natural | 5.87% | 90.44% | 20.35% | 1.31% | 0.06% | 0.52% | 0.63% |
| Parker-Hannifin | 0.92% | 27.72% | 30.69% | 6.88% | 0.24% | 14.44% | 12.48% |
| Pentair | 1.10% | 22.58% | 26.01% | 4.96% | 0.20% | -3.47% | -0.87% |
| Procter & Gamble | 2.91% | 66.12% | 28.10% | 7.76% | 0.29% | 5.63% | 4.67% |
| SJW | 3.65% | 56.64% | 20.03% | 1.35% | 0.07% | 6.30% | 7.61% |
| Stanley Black & Decker | 4.70% | -229.58% | -61.21% | 1.47% | -0.02% | 4.53% | 4.98% |
| Sysco | 2.72% | 51.82% | 18.85% | 16.59% | 0.91% | 6.58% | 3.45% |
| Target | 2.13% | 45.29% | 16.08% | 5.00% | 0.33% | 11.59% | 10.68% |
| Tootsie Roll Industries | 1.37% | 222.43% | 202.72% | 2.65% | 0.01% | 0.89% | 1.71% |
| V.F. | 2.30% | -20.98% | -11.42% | 5.42% | -0.41% | -12.13% | -12.26% |
| Commerce Bancshares | 1.85% | 34.79% | 18.46% | 2.69% | 0.16% | 1.82% | 1.47% |
| Coca-Cola Consolidated | 1.84% | 31.78% | 20.23% | 8.34% | 0.38% | 37.97% | 17.46% |
| Hormel Foods | 4.80% | 78.17% | 20.66% | 2.05% | 0.10% | 7.96% | 4.93% |