Dividend Aristocrats by Yield for Long-Term Investors

Dividend Aristocrats by Yield for Long-Term Investors are a great option for those looking for stable returns.

The 3M Company has a yield of 3.42% and a 100-year history of paying dividends.

For long-term investors, the consistency of dividend payments is a key factor in their decision-making process.

The Procter & Gamble Company has a yield of 2.56% and has increased its dividend payout for 66 consecutive years.

Dividend Aristocrats are a special category of dividend-paying stocks that have a long track record of making and increasing their payouts.

They're essentially a group of stable and rising dividend dynamos that can form the basis of a lucrative income-paying portfolio.

These stocks have a proven history of providing consistent returns to their shareholders, making them an attractive option for investors seeking reliable income.

To qualify as a Dividend Aristocrat, a stock must have increased its dividend payout for at least 25 consecutive years, demonstrating its commitment to returning value to shareholders.

This rigorous criteria ensures that only the most reliable and financially sound companies make the cut, providing investors with a sense of security and stability in their portfolios.

By investing in Dividend Aristocrats, you can create a diversified portfolio that generates a steady stream of income, helping to reduce overall portfolio risk and increase long-term returns.

There are only 68 companies that make up the Dividend Aristocrats in 2024, and many of them have a history of attractive payouts. These companies have a long track record of consistently increasing their dividend payouts.

The top 20 Dividend Aristocrats by dividend yield are listed below. Keep in mind that some investors prioritize the highest current yield, while others look for stocks that can grow their payouts over time.

Coca-Cola Company is a beverage industry leader that has rewarded shareholders with 62 years of consecutive dividend increases. This impressive track record is a testament to the company's strong brand and diverse product offerings.

The company's well-known brand and wide range of products support steady global demand. Coca-Cola's investments in low- and no-sugar beverages, as well as its foray into new categories like energy drinks and ready-to-drink coffee, provide growth opportunities.

A strong business momentum is driving Coca-Cola's success, with consistent volume growth over the past three years, even with significant price increases. This is reflected in its positive market share trends, which continue to position the company strongly in the non-alcoholic beverage sector.

Analysts are optimistic about Coca-Cola's prospects, with 11 out of 13 analysts covering the stock rating it a Buy. The analysts' average price target on Coca-Cola stock of $74.27 implies a 19% potential upside from the current level.

The Dividend Aristocrats are a group of 68 companies that have a history of attractive payouts, and they're worth checking out if you're looking for top yielding stocks.

Leggett & Platt tops the list with a dividend yield of 9.8 percent, making it a great option for investors seeking high returns.

Kimberly-Clark and 3M also make the top 20 list with dividend yields of 3.9 percent and 5.7 percent respectively.

Here are the top 10 Dividend Aristocrats with the highest dividend yields:

Some investors may prefer stocks with smaller current yields but the potential for long-term dividend growth.

If you're looking for more options beyond the Dividend Aristocrats, there are several other lists worth exploring. The Dividend Kings List is a great place to start, as it includes 54 stocks with 50+ years of consecutive dividend increases.

The Blue Chip Stocks List is another option, which combines the criteria for Dividend Achievers, Dividend Aristocrats, and Dividend Kings. This list offers a broad range of high-quality stocks.

You can also consider the High Dividend Stocks List, which features stocks with yields of 5% or more. These stocks may appeal to investors seeking higher income.

The Monthly Dividend Stocks List is a great choice for those who want to receive 12 dividend payments per year. This list includes stocks that pay dividends every month.

Here's a quick rundown of these additional lists:

Investing in Dividend Aristocrats is a great way to generate steady income, but it requires some research. You can either pick individual stocks or buy a fund of dividend stocks.

There are two big options for investing in dividend stocks: individual stocks or a fund of dividend stocks. If you're investing in individual stocks, you'll need to understand the industry, the company's competitive advantage, and the financials.

The good news is that most companies pay dividends quarterly, with the firm's board of directors formally announcing the dividend and pay date each quarter. The money is then sent directly to your brokerage account.

To track individual dividend stocks, you'll want to be aware of some key dates: record date, ex-dividend date, and payment date. The record date is when investors are recorded as shareholders to receive the dividend payment, while the ex-dividend date is when shareholders who purchase the stock will no longer receive the next dividend payment.

Investing in a fund, on the other hand, offers diversification, which means that no single stock will hurt your portfolio too badly, reducing your risk. This makes it much easier to follow, especially for new investors.

There are several funds available, including the S&P 500 Dividend Aristocrats ETF (NOBL) and the SPDR S&P Dividend ETF (SDY). Both funds pay dividends quarterly and provide a complete portfolio of dividend stocks from the beginning.

Here are the top 20 Dividend Aristocrats by their dividend yield (data as of April 2024):