5 Dividend Kings Boasting 60+ Years of Yield Growth and Promising Prospects

• Dividend kings are those companies that have distributed and increased their dividend for at least 50 consecutive years.
• As the market grows increasingly expensive, holding on to safe, incoming-paying companies is a great way to protect your gains.
• Today we will look at five such stocks with excellent prospects for the remainder of the year.
• In 2024, invest like the big funds from the comfort of your home with our AI-powered ProPicks stock selection tool.

Dividend kings are distinguished by their remarkable track record of consistently paying dividends to shareholders for an impressive span of at least 50 consecutive years. These companies not only distribute dividends regularly but also exhibit a commendable trend of consistently increasing them.

The key advantages of investing in dividend kings can be succinctly enumerated as follows:

1. Solid and Reliable Companies: Dividend kings are renowned for their stability and reliability, making them trustworthy investments.
2. Consistent Dividend Payouts: These companies have a proven history of paying dividends for numerous consecutive years, demonstrating a commitment to shareholder returns.
3. Regular Dividend Increases: Investors benefit from the assurance that dividend kings regularly augment their dividend payouts, providing a reliable source of income growth. This will come in particularly in handy when there's inflation.
4. Stability and Peace of Mind: Investing in dividend kings offers investors a sense of stability and peace of mind. Knowing that dividends will be received periodically contributes to a more secure investment experience.
5. Resilient Performance: Dividend kings exhibit stable performance independent of economic cycles, showcasing consistent growth over time.

Therefore, choosing to invest in dividend kings means aligning with robust, dependable, highly liquid, and sizable companies. These entities boast a notable history of consecutively distributing dividends over many years, further enhancing their appeal to investors.

The attractiveness of these investments lies in the combination of a consistent record of dividend increases and the overall stability exhibited by these companies.

See below all the dividend kings in the US stock market, along with the number of consecutive years of increasing dividends and the corresponding dividend yield:

• Emerson (NYSE:EMR) Electric: 67 / +2.2%.
• Parker-Hannifin (NYSE:PH): 67 / +1.3%.
• Procter & Gamble (NYSE:PG): 67 / +2.5%.
• 3M Company (NYSE:MMM): 65 / +5,5%
• Cincinnati Financial (NASDAQ:CINF): 63 / +2.8%
• Lowe's (NYSE:LOW): 62 / +2%.
• Coca-Cola (NYSE:KO): 61 / +3.1%
• Colgate-Palmolive (NYSE:CL): 61 / +2.4%
• Johnson & Johnson (NYSE:JNJ): 61 /+2.9%
• Nordson (NASDAQ:NDSN): 60 /+1,1%
• Northwest Natural Gas (NYSE:NWN): 68 / +5.13%
• American States Water Company (NYSE:AWR): 69 / +2.24%
• Dover Corporation (NYSE:DOV): 68 / +1.40%
• Genuine Parts (NYSE:GPC): 67 / +2.67%
• Lancaster Colony (NASDAQ:LANC): 61 / +2.10%
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Below, we'll explore a selection of five dividend kings that appear ready to keep outperforming the market. To enhance our analysis, I will leverage the

Disclaimer: This article is written for informational purposes only; it does not constitute a solicitation, offer, advice, or recommendation to invest as such it is not intended to incentivize the purchase of assets in any way. I would like to remind you that any type of asset, is evaluated from multiple points of view and is highly risky and therefore, any investment decision and the associated risk remains with the investor.

Written By: Investing.com