January 15, 2021

Dividend Champions List

Dividend Champions List

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The Dividend Champions are a list of companies which have continually raised the dividend on their stock for at least 25 consecutive years or more. This list of stocks is different from the more popular Dividend Aristocrats as the Dividend Champions don’t have to be included in the S&P 500 index to qualify. This leads to finding some smaller companies with sometimes higher dividend yield and more potential for growth but all have in a common a long history of not only keeping their dividend in place for shareholders but increasing it over multiple decades. This shows long term stability in the company, their earnings, and their payout to shareholders. 

The Dividend Champions List was originally created by Dave Fish who passed away in 2018 and is now maintained by Justin Law. 

The Dividend Champions List has 138 stocks listed using data available up to August 2020. The goal of the Dividend Champions is to identify all of the best dividend stocks in the entire market without consideration of size or index inclusion to create better diversification in sectors and market cap sizes with a full range of opportunities for future growth. 

This list is twice as big as the Dividend Aristocrats list of 66. 

Company (Symbol) – Number of consecutive years of dividend increases ranked from highest to lowest. 

  1. American States Water (AWR) – 66
  2. Dover (DOV) – 64
  3. Northwest Natrl (NWN) – 64
  4. Genuine Parts (GPC) – 64
  5. Procter & Gamble (PG) – 64
  6. Parker-Hannifin (PH) – 63
  7. Emerson Electric (EMR) – 63
  8. 3M (MMM) – 62
  9. Cincinnati Fin. (CINF) – 60
  10. Coca-Cola (KO) – 58
  11. Johnson & Johnson (JNJ) – 58
  12. Lowe’s Companies (LOW) – 57
  13. Lancaster Colony (LANC) – 57
  14. Colgate-Palmolive (CL) – 57
  15. Farmers & Merchants (FMCB) – 57
  16. Nordson (NDSN) – 56
  17. ABM Industries (ABM) – 53
  18. Hormel Foods (HRL) – 53
  19. California Water Service (CWT) – 53
  20. SJW (SJW) – 53
  21. Tootsie Roll (TR) – 52
  22. Target (TGT) – 53
  23. Stanley Black & Decker (SWK) – 53
  24. Federal Realty Investment Trust (FRT) – 52
  25. Stepan Company (SCL) – 52
  26. Commerce Bancshares (CBSH) – 52
  27. H.B. Fuller (FUL) – 51
  28. Altria Group (MO) – 51
  29. Sysco (SYY) – 50
  30. Natural Fuel Gas (NFG) – 50
  31. Black Hills Corp. (BKH) – 49
  32. Universal Corp. (UVV) – 49
  33. MSA Safety (MSA) – 49
  34. W.W. Grainger (GWW) – 49
  35. PPG Industries (PPG) – 49
  36. Computer Services (CSVI) – 49
  37. Becton Dickinson (BDX) – 48
  38. Tennant (TNC) – 48
  39. Leggett & Platt (LEG) – 48
  40. Becton Dickinson & Co. – 48
  41. Kimberly-Clark (KMB) – 48
  42. PepsiCo (PEP) – 48
  43. Middlesex Water (MSEX) – 47
  44. Gorman-Rupp (GRC) – 47
  45. VF (VFC) – 47
  46. Nucor (NUE) – 47
  47. S&P Global Inc. (SPGI) – 47
  48. Wal-Mart (WMT) – 47
  49. RPM International (RPM) – 46
  50. Consolidated Edison (ED) – 46
  51. Telephone & Data Systems (TDS) – 46
  52. Illinois Tool Works (ITW) – 45
  53. United Bankshares (UBSI) – 45
  54. Archer-Daniels Midland (ADM) – 45
  55. RLI Corp. (RLI) – 45
  56. Walgreens Boots Alliance (WBA) – 45
  57. MGE Energy (MGEE) – 45
  58. McDonald’s (MCD) – 44
  59. Automatic Data Processing (ADP) – 44
  60. Pentair (PNR) – 44
  61. Carlisle Companies (CSL) – 43
  62. Medtronic (MDT) – 43
  63. Clorox (CLX) – 43
  64. Sherwin-Williams (SHW) – 42
  65. Franklin Resources (BEN) – 40
  66. Community Trust Bancorp (CTBI) – 40
  67. Eaton Vance (EV) – 39
  68. Old Republic Intl (ORI) – 39
  69. Weyco Group (WEYS) – 38
  70. Aflac (AFL) – 39
  71. Air Prod. & Chem. (APD) – 38
  72. Cintas (CTAS) – 37
  73. Sonoco Products (SON) – 37
  74. Exxon Mobil (XOM) – 37
  75. Atmos Energy (ATO) – 36
  76. Brown-Forman Class B (BF-B) – 36
  77. AT&T (T) – 36
  78. Nacco Industries (NC) – 35
  79. Brady (BRC) – 34
  80. Univ. Health Realty Trust (UHT) – 35
  81. T. Rowe Price (TROW) – 34
  82. Donaldson Company (DCI) – 33
  83. Eagle Financial Services (EFSI) – 33
  84. Thompkins Financial Corp. (TMP) – 33
  85. Mercury General (MCY) – 33
  86. McCormick & Co. (MKC) – 33
  87. Chevron (CVX) – 33
  88. UGI (UGI) – 33
  89. 1st Source (SRCE) – 32
  90. First Financial (THFF) – 31
  91. Erie Indemnity (ERIE) – 29
  92. National Retail Properties (NNN) – 31
  93. Erie Indemnity Company (ERIE) – 30
  94. Jack Henry & Assoc. (JKHY) – 30
  95. SEI Investments (SEIC) – 29
  96. General Dynamics (GD) – 29
  97. Westamerica Bancorp (WABC) – 28
  98. Community Bank System (CBU) – 28
  99. Chesapeake Financial (CPKF) – 28
  100. MDU Resources (MDU) – 28
  101. UMB Financial (UMBF) – 28
  102. Ecolab (ECL) – 28
  103. Franklin Electric Co. (FELE) – 28
  104. McGrath Rentcorp (MGRC) – 28
  105. People’s United Financial (PBCT) – 28
  106. Essential Utilities (WTRG) – 27
  107. Badger Meter (BMI) – 27
  108. West Pharaceutical Services (WST) – 27
  109. Artesian Resources (ARTNA) – 27
  110. Roper Technologyies (ROP) – 27
  111. Stryker (SYK) – 27
  112. Thompson Reuters Corp. (TRI) – 27
  113. Linde PLC (LIN) – 27
  114. Realty Income Corp. (O) – 27
  115. Chubb Limited (CB) – 27
  116. John Wiley & Sons (JW-A) – 27
  117. PSB Holdings (PSBQ) – 27
  118. Arrow Financial Corp. (AROW) – 26
  119. Raytheon Technologies (RTX) – 26
  120. Aptar Group (ATR) – 26
  121. Cullens/Frost Bankers (CFR) – 26
  122. Caterpillar (CAT) – 26
  123. BancFirst Corp OK (BANF) – 26
  124. A.O. Smith (AOS) – 26
  125. Brown & Brown (BRO) – 26
  126. Enterprise Bancorp Inc. (EBTC) – 26
  127. NextEra Energy (NEE) – 26
  128. Albemarie Corp. (ALB) – 26
  129. Essex Property Trust (ESS) – 26
  130. Expeditors International (EXPD) – 26
  131. Southside Bancshares (SBSI) – 25
  132. Northeast Indiana Bancorp (NIDB) – 25
  133. Matthews International (MATW) – 25
  134. Lincoln Electric Holdings (LECO) – 25
  135. Polaris Industries (PII) – 25
  136. Canadian National Railway (CNI) – 25
  137. RenaissanceRe Holdings (RNR) – 25
  138. International Business Machines (IBM) – 25

This list is a great place to start for looking for great income producing stocks to invest in over the long term. It is always important to  then drill down into the company fundamentals. 

Dividend Champions List