W.W. Grainger (GWW) is a time-tested business that has rewarded investors with 44 consecutive years of dividend increases. Like many other industrial companies, weak energy markets, sluggish growth in China, and foreign currency headwinds are challenging GWW’s current business trends. As a result, the stock’s dividend yield sits at 2.6%, which is well above [...]
Dover (DOV) has increased its dividend for 60 consecutive years, trades at a dividend yield of 3.2%, and has a relatively low payout ratio of 30%. The stock also trades for just 13.5x forward earnings guidance. Why is this high quality industrial business looking so cheap? Energy markets. DOV generated over 30% of its [...]
Source: Los Angeles Times Clorox (CLX) has increased its dividend for nearly 40 straight years and owns some of the most well-known and recession-resistant consumer brands in the country. The company is a fraction of the size of P&G and has numerous growth opportunities to pursue over the coming years. While the [...]
V.F. Corporation (VFC) has been in business for more than 115 years and owns some of the most famous consumer apparel brands in the world (e.g. The North Face, Vans, Wrangler, Lee, etc.). Unseasonably warm winter weather, sluggish retail spending, unfavorable currency fluctuations, and several other transient factors have caused this dividend aristocrat to [...]
Genuine Parts Company (GPC) has grown its sales in 63 of the last 65 years and increased its profit in 50 of the last 54 years. How many of your holdings can make those claims? GPC also has a 3.1% dividend yield and has steadily increased its dividend for 59 consecutive years with dividend [...]
Ecolab (ECL) is one of the most reliable businesses that money can buy. Although its dividend yield is low (1.4%), the company’s long-term growth outlook is outstanding and supported by ECL’s moat (90% recurring revenue in the form of essential consumables; entrenched customer relationships; twice as large as its next biggest competitor; 25,000 customer-facing employees). [...]
Parker-Hannifin (PH) is a high quality industrial business with entrenched market positions and excellent cash flow generation. The company has increased its dividend for 59 consecutive years, making it a Dividend King, and offers a 2.8% dividend yield today. Its dividend has also compounded at a double-digit annual rate over the last decade and should [...]
Sysco (SYY) is a holding in our Conservative Retirees dividend portfolio. The company is a dividend aristocrat that has paid dividends since 1970 and appears to offer a very safe 3% yield today. While SYY’s growth rate is very moderate, the company’s durability has been noteworthy. The pace of change in the foodservice distribution [...]
Becton, Dickinson and Company (BDX) is a world leader in medication management and patient safety solutions. The company has been in operation for more than 115 years and has increased its dividend for 44 consecutive years. With a diverse portfolio of medical products, meaningful exposure to emerging markets and a large acquisition under its [...]
Lowe’s (LOW) has paid a dividend each quarter since going public in 1961. Even more impressive, the company has raised its dividend for 53 consecutive years – a feat achieved by fewer than 15 companies. Not surprisingly, LOW has a handful of competitive advantages that have enabled it to enjoy meaningful growth. While the [...]
Aflac (AFL) is a well-known insurance company that has proven to be a very reliable dividend payer over the years. The company has increased its dividend for 33 consecutive years and has plenty of room for continued dividend growth. The insurance business has many attractive characteristics, but AFL’s high exposure to Japan has served [...]
Utility companies are far from exciting businesses, but their dependable cash flow, defensive characteristics, and typically reliable dividend payments can make them compelling stocks for investors living off dividends in retirement. Consolidated Edison (ED) possesses many characteristics that make it appealing to conservative dividend investors. The company has served the New York marketplace for [...]
Medtronic (MDT) hiked its dividend by 25% earlier this year and has now increased its dividend for nearly 40 consecutive years. While MDT’s 2.0% dividend yield isn’t enough for investors living off dividends in retirement, the stock’s double-digit annual total return potential is attractive in today’s market environment, and we expect continued double-digit dividend growth [...]
Illinois Tool Works (ITW) is one of the strongest, most diversified industrial conglomerates a dividend growth investor can find. While the stock only yields 2.4% today, the company raised its dividend by 13% last quarter and continued double-digit dividend growth isn’t out of the question. ITW possesses many of the characteristics we look for [...]
Abbott (ABT) is a dividend aristocrat with excellent long-term growth potential. The company maintains a diversified mix of healthcare products that are sold around the world. Many of these products are recession-resistant and will enjoy more demand as consumer wealth increases in emerging markets, where ABT generates about half of its total sales. The [...]