Eleven Dividend Kings, Raising Dividends For 50+ Years

There are several lists that dividend investors use in order to find investment ideas. The dividend achievers and the dividend champions lists are just two starting points. The lists focus mostly on companies raising distributions for over 10 for the achievers and over 25 years for the champions. There are eleven companies however, which have each managed to increase distributions for over half a century. This is no small accomplishment, given the fact that the past half a century included several recessions, oil price shocks, high inflation and interest rates and several wars. The companies with the longest record of annual dividend increases include: Diebold Incorporated (DBD) provides integrated self-service delivery and security systems and services primarily to the financial, commercial, government, and retail markets worldwide. The company has raised distributions for 58 years in a row. The ten year dividend growth rate is 5.80% per annum. Yield: 3.70% (analysis) American States Water Company (AWR), engages in the purchase, production, distribution, and sale of water in California as well as in the distribution of electricity in San Bernardino Mountain communities. The company has raised distributions for 57 years in a row. The ten year dividend growth rate is 2.40% per annum. Yield: 3.20% Dover Corporation (DOV) and its subsidiaries manufacture industrial products and components, as well as provide related services and consumables in the United States and internationally. The company operates through four segments: Industrial Products, Engineered Systems, Fluid Management, and Electronic Technologies. The company has raised distributions for 56 years in a row. The ten year dividend growth rate is 8.50% per annum. Yield: 2.10% (analysis) Northwest Natural Gas Company (NWN) stores and distributes natural gas primarily in Oregon, Washington, and California. The company operates in two segments, Local Gas Distribution and Gas Storage.123... Read more