10 High Dividend Stocks With Strong Growth

In a previous article, we showed that many high dividend yielding utilities stocks achieved consistent dividend growth in the past 5 years. Since many defensive investors seek long records of dividend payments in high dividend yielding stocks, we believe the stocks that were able to increase dividends can be attractive to such conservative investors. Like the utilities sector, the consumer goods sector contains high dividend yielding stocks that achieved consistency in dividend payments. We compiled a list of US consumer goods stocks with high dividend yields and consistent dividend growth. The market data are sourced from Fidelity. All companies in this list increased their dividend payments every year since 2005. These stocks have market capitalization above $1 billion and 12-month dividend yield of at least 3%. Dividend Yield 5-Year Average Div. Growth 52-Week Return Vector Group Ltd. (VGR) 8.56% 5.00% 24.85% Pitney Bowes Inc. (PBI) 6.48% 2.95% 9.06% Reynolds American... Read more