Top 20 Insurance Stocks For Dividend Growth Investors
Summary
There are 44 insurance companies with at least 5 years of consecutive growth in dividends.
The dividend yields on insurance stocks have a fairly large range and some look like much better fits for dividend growth investors.
There was one insurance stock with a huge yield, but the tiny market cap creates significant problems.
I prepared charts to demonstrate the top 20 insurance stocks based on their dividend payback speed and the top 20 based on 5-year projected total return.
If there is one thing every investor can appreciate, it is a growing stream of reliable dividends. Some sectors have more dividend champions than others. The insurance sector is a useful place for investors who want to align their personal risks with their portfolio. If insurance companies are able to increase prices and profits, owning the insurance companies should lead to stronger dividends at the same time that insurance costs will be increasing. However, it can be difficult for investors to determine which insurance stocks would be the best fit for their portfolio.
To help investors find some of the best companies in the sector, I began researching the 44 insurance stocks included in David Fish's CCC List. Every stock in this list has at least 5 straight years of dividend increases.
In David's formula, it takes 25 years to become a dividend growth champion, 10 years to become a dividend growth contender, and 5 years to become a challenger.
The Champions,... Read more