key takeaways
- Hormel and Campbell’s are two companies that increased their dividend payouts to shareholders this week.
- If you’re looking to invest in companies known for paying out dividends consistently over time, like PepsiCo, Becton Dickinson, H.B. Fuller, PPG Industries, and Tennant Co., stock screeners and 澳洲幸运5官方开奖结果体彩网:online brokers offer helpful tools for identifying these opportunities.
- Stocks known as “dividend kings” have longstanding histories of steady dividend payments that can help keep returns above water in turbulent markets.
With a new presidential administration set to take office on Jan. 20, 2025, some investors may be uncertain about how new policies and personnel will affect the stock market and interest rates. Will tariffs, discarded trade deals, and frayed alliances help or hurt the market? Fortunately, there are stocks—such as the so-called “澳洲幸运5官方开奖结果体彩网:Dividend Kings”—that have longstanding histories of steady divide𒆙nd payments. Those dividends can keep many stocks’ returns above water even when the rest of the market is at risk 🧜for drowning.
Companies may alter dividends in response to economic and company-specific conditions. Hormel and Campbell’s are two companies that increased their dividend payouts to shareholders this week. Campbell's Board of Directors approved a 5% quarterly dividend increase, from $0.37 per share to $0.39 per share, while Hormell’s annual dividend rate increased by 3%, from $1.13 per share to $1.16 per share.
If you’ve been looking to add historically-reliable income-generating assets to your portfolio but are unsure how to identify these opportunities, the good news is that you can perform your own research by using 澳洲幸运5官方开奖结果体彩网:the best stock screeners and 澳洲幸运5官方开奖结果体彩网:online brokerage platforms.
Top Stocks With 50 Years o༺f Dividend Growth Histo🤡ry Right Now
If you are looking for stocks that are 澳洲幸运5官方开奖结果体彩网:steady dividend payers, you can start with two pre♛defined lists. One consists of so-called “Dividend Aristocrats,” which are companies in the S&P 500 index that have increased their dividends for at least each of the past 25 years. That index’s name is a registere🔯d trademark of Standard & Poor's Financial Services LLC.
The other list consists of what are known as “Dividend Kings.” Members of that group do not havဣe to be members of the S&P 500 or of any other index. Still, many investors 🎶consider the Kings a more exclusive list. That’s because those stocks have achieved an even more difficult distinction. They have raised their dividends for the past 50 years or more in a row.
Ben Reynolds, founder and CEO of SureDividend.com, which publishes a list of Dividend Kings, goes one step further in the hunt for good dividend growers. He suggests seeking Dividend Kings already trading within 10% of their 52-week low, which is a filter that can often be set on many standalone 澳洲幸运5官方开奖结果体彩网:stock screeners and 澳洲幸运5官方开奖结果体彩网:online brokerage screeners.
Reynolds’ strategy leads you to five Kings:
Becton Dickinson (BDX)
- Dividend yield: 1.7%
- “Becton Dickinson is a global leader in the medical supply industry. . . Its current dividend yield is 1.9%. “We expect earnings-per-share to compound at 8.0% annually in the years ahead,” Reynolds said.
PepsiCo (PEP)
- Dividend yield: 3.4%
- “PepsiCo owns an iconic portfolio of well-known beverage and snack brands, including: Pepsi, Gatorade, Aquafina, Doritos, Cheetos, and Ruffles. . . The stock has a solid [3.4%] dividend yield, . . . and we expect 6.0% annualized earnings-per-share growth ahead,” said Reynolds.
H.B. Fuller (FUL)
- Dividend yield: 1.2%
- “H.B. Fuller is a specialty chemicals company specializing in adhesives and sealants. . . [The] current yield is modest at just 1.2%. The stock is trading within 10% of its 52-week low, so now may be an opportune entry point,” Reynolds said.
PPG Industries (PPG)
- Dividend yield: 2.2%
- “PPG Industries is a leading paint and coatings business with a . . . 2.2% dividend yield. We expect robust 8.0% annualized earnings-per-share growth ahead,” Reynolds said.
Tennant Co. (TNC)
- Dividend yield: 1.4%
- “Tennant is a cleaning products manufacturer with a market cap of less than $2 billion. . . [Its] dividend yield is comparable to the S&P 500’s, and we expect 7.0% annualized earnings-per-share growth ahead,” Reynolds said.
How to Find Top Dividend Stocks
Dividends are not the only reason that investors like divid𝕴end stocks. Companies that have paid and increased dividends for decades typically have the following traits that may bode well for continued profit growth and reliable payouts:
- Durable competitive advantages that help them outperform their rivals year after year
- Ability to grow earnings per share for sustained periods
- Executives and directors who value returning excess profits to shareholders
澳洲幸运5官方开奖结果体彩网:Top stock screeners and 澳洲幸运5官方开奖结果体彩网:online brokers offer excellent tools for finding all types o🐼f investing opportunities🐎, including dividend stocks.
Financial advisors are another source of leads. Paul Schatz, president of Heritage Capital and treasurer of the National Association of Active Investment Manag♚ers (NAAIM), recommends di♓versifying.
“I would choose one or two companies in each industry sector. For example, industrials, energy, utilities, consumer goods, etc.” Schatz said. He also told Investopedia that it may be wise to look for dividend stocks that have enjoyed big share price gains in the past year and, as a result, might be poised for a pullback, which would make them available at a discount.
Compare the Best Online Brokers for𒁃 Finding Dividend Stocks
Broker | Minimum Deposit | Stock Trading Fee | Screeners Available |
---|---|---|---|
澳洲幸运5官方开奖结果体彩网:Fidelity Investments | $0.00 | $0.00 | ESG/SRI, Stocks, ETF's, Mutual Funds, Fixed Income |
$0.00 | $0.00 | ESG, Stocks, ETFs, Options,, Mutual Funds, Fixed Income | |
$0.00 | $0.00 | ESG/SRI, Stocks, ETFs, Options, Mutual funds, Fixed income | |
$0.00 | $0.00 | ESG/SRI, Stocks, ETFs, Options, Crypto | |
$0.00 | $0.00 | ESG/SRI, Stocks, ETFs, Options, Mutual Funds, Fixed Income, Crypto | |
Varies | $0.00 | ESG/SRI, Stocks, ETFs, Crypto |
Compare the Best Stock Screeners
Stock Screener | Monthly Price | Free Version Available | Best Features |
---|---|---|---|
|
Starts at $254 per month | Yes | AI-driven stock screener |
|
Starts at $39.50 per month | Yes | Vivid graphics and interactive charts |
|
Free version available. Premium plan $249 per year | Yes | Massive number of metrics |
|
Starts at $7.99 per month | Yes | Stock rating system |
|
Starts at $9.99 per month | No | Powerful screening tools |
|
Starts at $14.95 per month | Yes | Follows 70+ global exchanges |
How We Sel🔥ected the Top-R♋anked Brokers for Finding Dividend Stocks
Providing readers with unbiased, comprehensive reviews of onl♏ine brokers and trading platforms is a top priority for Investopedia. We combined our industry research, subject matter expertise, and investor survey data to guide the research and weightings for our 2024 online broker awards. To collect the data, we sent a digital survey with 110 questions to each of the 26 companies we included in our rubric. Additionally, our team of researchers verified the survey responses and collected any missing data points through online research and conversations with each company directly. The data collection process spanned from Feb. 19 to March 19, 2024.
We then developed a proprietary model that scored each company to rate its performance across 11 major categories and 89 criteria to find the best online brokers and trading platforms. The score for each company’s overall star rating is a weighted avera🌱ge of the criteria in the following categories:
- Trading Technology: 11%
- Trade Experience: 10%
- Security: 5%
- Research Amenities: 13%
- Range of Offerings: 11%
- Portfolio Analysis and Reports: 9%
- Mobile App Usability: 9%
- Educational Material: 9%
- Customer Service: 7%
- Costs: 10%
- Account Amenities: 6%
How We Selected the Top-Ranked Stock Screeners
Our initial search revealed 30 stock screeners for our consideration. We narrowed the list to 16 by running them through our 🐬criteria of ease of use, selection of fundamental and technical filters, dept🐽h of filter criteria, customization, and extra functionality. After a more rigorous comparison, we identified the best stock screeners in six distinct categories.
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