64 Reliable Stocks Raising Dividends 40 Years Or More: July's Update

Seeking AlphaDividend Quick Picks64 Reliable Stocks Raising Dividends 40 Years Or More: July's UpdateJul. 6, 2020 12:53 PM ET|| Includes: BEN, BKH, ED, FRT, ITW, JNJ, KO, LEG, MCD, MDT, MO, NFG, NUE, TDS, UBSI, UVV, WBAby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryDrip Investing lists over 800 stocks monthly that have annually increased dividends for five years or more. These 64 stocks boosted 40 years and over were parsed from their Champions list.
These 64 select dividend stocks ranged 0.80% to 8.53% in annual yield and ranged -12.59% to 43.97% in annual price target upsides per brokers surveyed 7/2/20.
Top 10 40+ Year reliable dividend stocks boasted net gains from 14.6% to 46.6%.
$5k invested in the lowest-priced five of ten top-yield 40+Year reliable dividend dogs showed 2.21% less net gain than from $5k invested in all 10. Bigger, higher-priced, reliable stocks led the 40+ yearly boosted dividend pack again this month.
Foreword
This article is based on the monthly lists of Champions, Contenders and Challengers (CCC) posted on dripinvesting.org and maintained by Justin Law.
Any collection of stocks is more clearly understood when subjected to yield-based (dog catcher) analysis; these CCC lists are perfect for the dogcatcher process. Here is the June 30 data for 64 longest annually increasing dividend stocks in the Champion-documented collection from updated data from YCharts as of July 2.
The Ides of March plunge of the stock market took its toll on these Champion prices. However, none as yet has suspended or reduced dividend payouts. In fact, the drop in prices of 8 of the top 40 (listed by yield) reliable 40 Yr + boosters made the possibility of owning productive dividend shares from this collection more viable for first-time investors in May.
In June, however, after ADM and NFG prices recovered to near their jumping off points, only six... Read more