Top 25 Dividend Growth Stocks With Income Growth
We are launching a new series of blog posts this week that highlight the best dividend growth stocks. Today’s list reveals the top 25 stocks that yield 2% or more and have increased their dividend for 15 consecutive years. The stocks are ranked by their 3 year income growth percentage.
Dividend growth is a key driver for stock performance and ROI. Income growth is of course the fuel that drives dividend growth. Without it companies have to cut their way to growth.
Name | Symbol | Yrs of Div Increases | Industry | Yield | 5yr Div Growth % | 3yr Income Growth % | Payout Ratio |
---|---|---|---|---|---|---|---|
Cardinal Health Inc. | CAH | 20 | Healthcare | 2.28 | 15.01 | 62.27 | 40.48 |
Tanger Factory Outlet | SKT | 23 | REIT | 3.8 | 7.2 | 58.3 | 42.3 |
RPM International Inc. | RPM | 43 | Chemicals | 2.22 | 5.38 | 53.23 | 70.75 |
Telephone & Data Sys. | TDS | 42 | Telecom | 2 | 6.38 | 38.83 | 136.05 |
WGL Holdings Inc. | WGL | 40 | Utilities | 2.36 | 4.56 | 27.46 | 58.16 |
Vector Group Ltd. | VGR | 18 | Tobacco | 6.95 | 5 | 24.57 | 262.99 |
Tompkins Financial Corp. | TMP | 30 | Banks | 2.03 | 4.56 | 23.14 | 46.56 |
AT&T Inc. | T | 33 | Telecom | 4.7 | 2.26 | 22.48 | 81.36 |
Eversource Energy | ES | 18 | Utilities | 3.2 | 10.26 | 18.65 | 62.37 |
United Bankshares Inc. | UBSI | 43 | Banks | 3.01 | 1.46 | 18.64 | 67.35 |
Conn. Water Service | CTWS | 47 | Utilities | 2.12 | 2.68 | 18.61 | 49.77 |
Cincinnati Financial | CINF | 56 | Insurance | 2.71 | 2.96 | 14.62 | 48.84 |
Polaris Industries | PII | 21 | Vehicles | 2.6 | 21.52 | 13.39 | 55.05 |
NextEra Energy | NEE | 22 | Utilities | 2.81 | 9.02 | 12.93 | 64.02 |
Atmos Energy | ATO | 33 | Utilities | 2.27 | 4.32 | 12.91 | 49.7 |
Johnson & Johnson | JNJ | 54 | Healthcare | 2.78 | 6.93 | 12.39 | 54.39 |
Middlesex Water Co. | MSEX | 44 | Utilities | 2.24 | 1.45 | 11.63 | 54.45 |
National Retail Properties | NNN | 27 | REIT | 4.1 | 2.5 | 11.6 | 139 |
Flowers Foods | FLO | 15 | Food | 3.1 | 10.5 | 11.6 | 70.11 |
Federal Realty Inv. Trust | FRT | 49 | REIT | 2.6 | 6.3 | 11.4 | 126.6 |
Bemis Company | BMS | 33 | Packaging | 2.39 | 4.01 | 11.25 | 47.52 |
Archer Daniels Midland | ADM | 41 | Agricultural | 2.73 | 12.69 | 10.38 | 45.04 |
UGI Corp. | UGI | 29 | Utilities | 2.02 | 6.46 | 9.46 | 44.71 |
Leggett & Platt Inc. | LEG | 45 | Home | 2.76 | 3.52 | 9.41 | 50.97 |
Sonoco Products Co. | SON | 34 | Packaging | 2.66 | 4.3 | 8.6 | 62.07 |