There are 138 Dividend Champions growing their dividends
annually for 25 or more years. The last post outlined the Top
10 Dividend Champions by sector. Below are the Top 10 Champions based on dividend
yield as of December 2, 2019, drawn from DRIPinvesting.org.
Dividend Champion
|
Dividend Yield (%)
|
Years
Growing Dividends
|
Tanger Factory Outlet Centers
|
9.33
|
26
|
Helmerich & Payne Inc.
|
7.18
|
46
|
Altria Group Inc.
|
6.76
|
50
|
Meredith Corp.
|
6.56
|
26
|
Universal Corp.
|
5.82
|
48
|
AT&T Inc.
|
5.46
|
35
|
Mercury General Corp.
|
5.14
|
33
|
Exxon Mobil Corp.
|
5.11
|
37
|
Urstadt Biddle Properties
|
4.51
|
25
|
People’s United Financial
|
4.30
|
27
|
Averaging more than 35 years of dividend growth and a mean current
yield of 6.02%, these Champions have produced nice cash flow for investors. The
inflation rate in October, noted in an earlier Tweet,
was below 2% in which case these dividend growers are comfortably ahead of the
curve. Given the 1-, 3-, and 5-year average dividend growth rates of 5.5%,
4.3%, and 5.8% respectively, this group may continue outpacing inflation for
some time.
Whether a new or established Dividend Farmer,
the Top 10 Dividend Champions by yield is a nice place to begin your exploration and analysis before making your next investment decision. Remember,
there is more to investing than simply picking from the Top 10 in any category.
However, we must all begin our DIY investment efforts somewhere, why not start with Dividend Champion sector or yield?
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.
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