Top 7 Dividend Champions With Excellent Dividend Coverage

If you are considering a stock for its dividend income, it is important to have both a backward-looking and forward-looking perspective on its sustainability. Here we offer a list of seven stocks that appear to have sustainable dividends from both perspectives.We began by searching for “dividend champions,” i.e. stocks that have consistently increased their dividend over the past 25+ years. From this universe, we then searched for those with enough TTM operating cash flow and TTM levered free cash flow to cover their annual dividend. (Note: All companies have dividend yields above 1%.) Do you trust these companies to continue paying their dividends? Use this list as a starting-off point for your own analysis. List sorted by TTM operating cash flow per share / dividend per share.1. AFLAC Inc. (AFL): Accident & Health Insurance Industry. Market cap of $23.55B. Dividend yield at 2.38%, with a payout ratio of... Read more