15 Dividend Stocks That Have Paid Dividends For Over 110 Years
The key to successfully selecting dividend growth stocks is the ability to identify companies that will not only maintain but grow their dividend. Often it can be boiled down to a simple question: "How committed is the company to paying its dividend?"
Sure most CEOs give lip-service to their commitment to shareholders, but what happens when times are hard. When the economy turns down and the future looks bleak, will the company hoard cash and stop its dividend or put action behind its words?
Q: What do all these have in common?
- Women gaining the right to vote in 1920
- The U.S. Depression in the 1930s
- World War I
- Charles Lindbergh's transatlantic flight in 1927
- World War II
- Dropping the atomic bomb in 1945
- The Nazi Holocaust
- The Korean War in the 1950s
- The Russian Sputnik satellites in the 1950s
- The Vietnam War in the 1960s/1970s
- President Kennedy's assassination in 1963
- Civil Rights protests in the 1960s
- Landing a man on the moon in 1969
- The Watergate scandal in the 1970s
- The fall of the Berlin Wall in 1989
- The breakup of the Soviet Union in the 1990s
- The Persian Gulf War in 1991
- The impeachment of President Bill Clinton in 1998
A: They all occurred while several companies continued to pay their dividend, uninterrupted, year after year.
This week week, I screened my dividend growth stocks database for companies that have paid uninterrupted dividends for more than 110 years with a yield above 2.5%. The results are presented below:
Church & Dwight Co. Inc. (CHD)
Yield: 3.2% | Dividend Paid Since: 1901
Church & Dwight Co. Inc. sells baking soda and sodium bicarbonate-based products under the Arm & Hammer name to consumer and industrial markets. It also sells other household products, personal care, and specialty products under other brand names.
Teco Energy, Inc. (TE)
Yield: 5.0% | Dividend Paid Since: 1900
TECO Energy Inc.123... Read more