16 Core Dividend Stocks For Your Income Portfolio
There are approximately 300 stocks in the world, which have managed to increase dividends for at least ten years in a row. As a dividend growth investor I have analyzed in some detail almost all of these stocks, even though most of them will probably never meet my entry criteria. One reason behind that is valuation. Another, more important reason is that few of these companies have sustainable competitive advantages. As a result, in my articles describing dividend growth investing I tend to focus on a narrow list of quality candidates.
The reason behind this is because there are only a handful of quality dividend growth stocks which meet the above characteristics. These companies have a proven track record of dividend increases, fueled by earnings growth which was a direct result of having a strong brand name and a product or service which they can charge premium prices for.
Right now, I find these quality companies to be the core of my dividend portfolio. If I were starting in dividend investing today, I would certainly be accumulating these stocks first, before looking for other opportunities.
The Coca-Cola Company (KO) manufactures, distributes, and markets nonalcoholic beverage concentrates and syrups worldwide. The company has raised dividends for 49 years in a row and its ten year annual dividend growth rate is 10%. Yield 2.80%
PepsiCo, Inc. (PEP) manufactures, markets, and sells various foods, snacks, and carbonated and non-carbonated beverages worldwide. The company has raised dividends for 39 years in a row and its ten year annual dividend growth rate is 13%. Yield 3%
The Clorox Company (CLX) engages in the production, marketing, and sales of consumer products in the United States and internationally. The company has raised dividends for 34 years in a row and its ten year annual dividend growth rate is 9.90% . Yield 3.60% (analysis)
Colgate-Palmolive Company (CL), together with its subsidiaries, manufactures and markets consumer products worldwide. The company has raised dividends for 48 years in a row and its ten year annual dividend growth rate is 12.40%. Yield 2.70%
Johnson & Johnson (JNJ) engages in the research and development, manufacture, and sale of various products in the health care field worldwide.123... Read more