Below are 10 companies that have a long-standing pro-dividend culture. They have paid an uninterrupted dividend since the 1800s - more than 100 years - and have increased their dividend for at least the last 10 years. They are presented here in ascending rank of how long they have paid a dividend, included also is the number of years of consecutive increases:
PPG Industries, Inc. (PPG) | Yield: 2.5%
Dividends since: 1899 | Increases: 38 years
PPG is a leading manufacturer of coatings and resins, flat and fiber glass, and industrial and specialty chemicals.
Colgate-Palmolive (CL) | Yield: 2.7%
Dividends since: 1895 | Increases: 48 years
Colgate-Palmolive Company (Colgate) is a major consumer products company that markets oral, personal and household care, and pet nutrition products in more than 200 countries and territories.
Coca-Cola Company (KO) | Yield: 2.8%
Dividends since: 1893 | Increases: 49 years
The Coca-Cola Company is the world's largest soft drink company with a sizable fruit juice business.
Procter & Gamble (PG) | Yield: 3.2%
Dividends since: 1891 | Increases: 54 years
The Procter & Gamble Company is a leading consumer products company that markets household and personal care products in more than 180 countries.
UGI Corporation (UGI) | Yield: 3.2%
Dividends since: 1885 | Increases: 24 years
UGI Corp. operates propane distribution, gas and electric utility, energy marketing and related businesses through subsidiaries.
Consolidated Edison, Inc. (ED) | Yield: 4.5%
Dividends since: 1885 | Increases: 37 years
Consolidated Edison, Inc. is an electric and gas utility holding company that serves parts of New York, New Jersey and Pennsylvania.
Exxon Mobil Corporation (XOM) | Yield: 2.3%
Dividends since: 1882 | Increases: 28 years
Exxon Mobil Corp. (XOM) formed through the merger of Exxon and Mobil in late 1999, is the world's largest publicly owned integrated oil company
NSTAR (NST) | Yield: 3.4%
Dividends since: 1879 | Increases: 13 years
NSTAR I a Boston-based holding company that serves some 1.4 million electric and natural gas customers in Massachusetts, has agreed to be acquired by Northeast Utilities.
Stanley Black & Decker Inc. (SWK) | Yield: 2.8%
Dividends since: 1877 | Increases: 44 years
Stanley Black & Decker Inc. is diversified global provider of hand tools, power tools and related accessories and systems resulted from the March 2010 merger of StanleyWorks and Black & Decker.
WGL Holdings Inc. (WGL) | Yield: 2.5%
Dividends since: 1852 | Increases: 35 years
WGL Holdings Inc. provides natural gas service in the Washington, DC, metropolitan area and surrounding regions, including Maryland and Virginia.
Searching for companies with a strong dividend culture is a great place to start, but before buying we must also consider other important factors such as: dividend fundamentals, ability to cover the dividend and fair value. Ultimately, we want to buy companies that can sustain a growing dividend.
Full Disclosure: Long CL, KO, PG, ED. See a list of all my income holdings here.
- Dividend Stocks vs. a Safe Distribution Rate
- Best Stocks for 2011
- The 2011 Dividend Aristocrats
- 13 Dividend Stocks With A Good Yield/Growth Mix
- 11 Higher-Quality, High-Yield Dividend Stocks
Tags: [PPG] [CL] [KO] [PG] [UGI] [ED] [XOM] [NST] [SWK] [WGL]
Popular Posts - Last 7 days
I know very little about hockey, but I have always loved this quote: I skate to where the puck is going to be, not where it has been. &quo...
Linked here is a detailed quantitative analysis of Omega Healthcare Investors, Inc. (OHI). Below are some highlights from the above linked ...
Linked here is a detailed quantitative analysis of United Technologies Corp. (UTX). Below are some highlights from the above linked analysi...
Any income investor will tell you that it is important for a company to sustain its dividend . However, as an investor in dividend growth st...
Each Sunday I highlight any notable articles that I came across over the past week. Though I may not always agree with each of the articles ...
Presented below are are my Dividend Growth Stocks portfolio holdings. This is not a recommendation to buy these securities. I have classifi...
Like many that came before me, I am on a journey to construct a portfolio that will provide me... Dividends 4 Life
The Fable of Two Mules Once there were two heavily-laden mules making a long journey together. One was carrying a load of salt and the othe...
Monday, October 31, 2011 will mark my fourth full year of writing as Dividends4Life . It is hard to believe another year has passed. Like th...
Has someone near and dear to you responded with a 'I was only trying to help' after royally messing something up? Have you ever tink...