Shares Results In Kings
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FAQ
Here are the seven dividend kings that have been increasing their payouts the longest: American States Water (AWR): 69 years. Dover Corporation (DOV): 68 years. Northwest Natural Holding (NWN): 68 years. Genuine Parts (GPC): 67 years. Procter & Gamble (PG): 67 years. Parker Hannifin (PH): 67 years.
The Dividend Kings Index (DIVKINGS) is comprised of Dividend Royalty- the rarest of the rare companies that have been able to increase dividends to shareholders for 50 or more years in a row. Dividend Kings are members of the S&P 500 that have increased their dividends for at least 50 consecutive years.
In addition, it has maintained 68 consecutive years of dividend growth, making it one of the best stocks with steady dividends. The company currently pays a quarterly dividend of $1.0065 per share and has a dividend yield of 2.40%, as of December 20.
The S&P 500 Dividend Aristocrats has consistently delivered higher yields than its benchmark, the S&P 500, with yields usually in the range of 2.0%-2.9% over the 26-year period, as shown in Exhibit 7. The average yield of the index was 2.5%, while that of the S&P 500 was 1.8%.
Each stock you invest in should take up, at most, 3.33% of your portfolio. “If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1,000 per month.”
