In this article, we discuss 5 stocks that have increased their dividends for over 25 years. If you want to see more stocks that have increased their dividends for over 25 years, the risk/reward, and methodology of this list, go directly to 15 Stocks That Have Increased Their Dividends for Over 25 Years.
5. Colgate-Palmolive Company (NYSE:CL)
Number of Years of Consecutive Dividend Increases: 60
Dividend Yield as of 1/20: 2.49%
Number of Hedge Fund Holders: 57
Colgate-Palmolive Company (NYSE:CL) ranks #5 on our list of 15 Stocks That Have Increased Their Dividends for Over 25 Years given the leading consumer staple has raised its annual dividend for 60 straight years. In March of 2022, Colgate-Palmolive Company (NYSE:CL)’s board of directors declared a quarterly dividend of $0.47 per share, an increase of $0.02 per share. Colgate-Palmolive Company (NYSE:CL)’s board also authorized a new up to $5 billion share repurchase program.
4. Johnson & Johnson (NYSE:JNJ)
Number of Years of Consecutive Dividend Increases: 61
Dividend Yield as of 1/20: 2.68%
Number of Hedge Fund Holders: 85
For Q3 2022, Johnson & Johnson (NYSE:JNJ)’s sales rose 1.8% year over year and its adjusted diluted earnings per share decreased 1.9% year over year to $2.55. Despite the profit decrease, Johnson & Johnson (NYSE:JNJ) remains a healthcare giant with very high quality business given its scale, patents, and brand strength. Johnson & Johnson (NYSE:JNJ) has raised its annual dividend for 61 straight years and the company continues to return capital back to shareholders with a dividend yield of 2.68% as of 1/20.
3. The Coca-Cola Company (NYSE:KO)
Number of Years of Consecutive Dividend Increases: 61
Dividend Yield as of 1/20: 2.93%
Number of Hedge Fund Holders: 59
The Coca-Cola Company (NYSE:KO) is a leading soft drink maker that has raised its annual dividend for 61 straight years given relatively stable demand and earnings per share growth over the long term. Despite the challenging macroeconomic headwinds, analysts expect The Coca-Cola Company (NYSE:KO) to earn $2.49 per share in 2022, $2.54 per share in 2023, and $2.75 per share in 2024. As of 1/20, The Coca-Cola Company (NYSE:KO) has a dividend yield of 2.93%.
2. 3M Company (NYSE:MMM)
Number of Years of Consecutive Dividend Increases: 65
Dividend Yield as of 1/20: 4.94%
Number of Hedge Fund Holders: 49
3M Company (NYSE:MMM) has been one of the most consistent annual dividend raisers among stocks in the S&P 500 as the industrials conglomerate has raised its annual dividend for 65 straight years. Among the stocks on our list, 3M Company (NYSE:MMM) also has a fairly attractive dividend yield of 4.94% as of 1/20. Although analysts see the company earning less money next year than the trailing twelve months, 3M Company (NYSE:MMM) nevertheless has long term growth potential if it maintains its market share.
1. The Procter & Gamble Company (NYSE:PG)
Number of Years of Consecutive Dividend Increases: 67
Dividend Yield as of 1/20: 2.56%
Number of Hedge Fund Holders: 69
The Procter & Gamble Company (NYSE:PG) is a leading consumer staples that ranks #1 on our list of 15 Stocks That Have Increased Their Dividends for Over 25 Years given its 67 straight years of annual dividend increases. For its fiscal second quarter of 2023, The Procter & Gamble Company (NYSE:PG)’s net sales declined 1% year over year to $20.77 billion but its organic sales increased 5% year over year. For 2023, The Procter & Gamble Company (NYSE:PG) nevertheless increased its sales growth range to 4% to 5% from the previous 3% to 5%.
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