Friday, December 20, 2019

Top 10 Dividend Champions: 10-year Dividend Growth Rate


The two previous posts highlighted Top 10 Dividend Champions by Sector and Yield. Below you’ll find the Top 10 Dividend Champions based on their 10-Year Dividend Growth Rate (DGR).

Dividend Champions are firms that have increased their dividend payments annually for at least 25 years. Those in the table below have generated the largest percentage rate of growth in their dividend payments over the past 10 years. Due to ties the list includes 12 firms rather than 10. Dividend Farmers might consider it a Christmas bonus. There’s one each for the 12 Days of Christmas.

Champion
10-Year DGR %
Helmerich & Payne Inc.
31.0
Ross Stores Inc.
25.2
A.O. Smith Corp.
19.9
Stryker Corp.
19.0
Roper Technologies Inc.
19.0
Lowe’s Companies
18.4
Jack Henry & Associates
17.3
Cintas Corp.
16.1
Target Corp.
15.4
Computer Services Inc.
15.0
Hormel Foods Corp.
15.0
Walgreens Boots Alliance Inc.
15.0

You could view the table above as an initial screen for your DIY investment research and analysis. The Dividend Farming Company Scorecards are summaries I develop while exploring possible investments for The Farm. I compare several of a firm’s business metrics against defined benchmarks and those of alternative investments. That way I get a feel for a firm’s performance against a standard as well as its performance relative to other firms I’m considering.

The caveat about simply picking from a Top 10 list still applies. Good investors are always learning. Start with a screen like the one above and dig in. Find out about a firm’s performance across established financial metrics, industry position, and dividend history. Read about Benjamin Graham’s or Warren Buffett’s work to find out how master Value Investors selected stock. Above all, keep learning. You’ll become a savvy investor before you know it. You’ll see remarkable progress in your Dividend Farming harvest and a big smile on your future self.

Thoughts presented are those of the author, who is not a financial professional. Perspectives are not investment advice, but offered for the purpose of discussion and information. For specific investment advice or assistance, please contact a registered investment advisor, licensed broker, or other financial professional.    

No comments:

Post a Comment