Dividend Kings Definition: Dividend Kings have just one criteria. To qualify as a Dividend King, a company must increase its total fiscal year dividend payout for a minimum of 50 consecutive years. You will find that some Dividend Kings are also Dividend Aristocrats but Dividend Kings are selected from a larger pool of publicly traded companies so you will discover some other dividend payers not included in the Dividend Aristocrats List. Indeed, while Dividend Aristocrats have to be part of the S&P 500 and meet some liquidity and market cap minimums, that is not the case for the Dividend Kings. Nonetheless, it is rare to find companies that have consistently increased their dividends for over 50 years. As a result, the Dividend Kings list tends to be a smaller/more select list that of the Dividend Aristocrats.
Dividend Kings List Description: The following table lists the current Dividend Kings. This table also shows some valuable metrics for dividend investors to assess both the dividend level and dividend sustainability of these consistent dividend payers over the past 50 years. The table includes and can be sorted on: company name, dividend yield, payout ratio (a measure of dividend sustainability), market cap, beta (a measure of stock volatility), as well as the current trading day stock price percent change. Keep in mind that the Dividend Kings list can change throughout the year due to corporate actions (e.g. spinoffs, buyouts, etc.). This live table is updated throughout the trading day. Don’t miss out on important revisions to the Dividend Kings. Get our free Dogs of the Dow Newsletter.
Dividend Kings List FAQ
What are the current Dividend Kings?
The 38 stocks that make up the Dividend Kings are 3M, ABM Industries, Altria, American Water, Black Hills, CA Water Service, Cincinnati Financial, Coca-Cola, Colgate-Palmolive, Commerce Bank, Dover, Emerson Electric, Farmers & Merchants Bancorp, Federal Realty, Genuine Parts, H.B. Fuller, Hormel Foods, Illinois Tool Works, Johnson & Johnson, Lancaster Colony, Leggett & Platt, Lowe’s, MSA Safety, National Fuel, Nordson, NW Natural, Parker-Hannifin, PPG, Procter & Gamble, SJW Group, Stanley B & D, Stepan, Sysco, Target, Tennant, Tootsie Roll, Universal Corporation, and W W Grainger.
How many Dividend Kings are there?
Currently, the Dividend Kings are comprised of 38 stocks.
What is required to be on the Dividend Kings List?
There is only one criteria to be included among the Dividend Kings: a publicly traded company must increase its total fiscal year dividend payout for a minimum of 50 consecutive years.
What's the difference between Dividend Kings and Dividend Aristocrats?
One of the biggest differences between Dividend Kings and Dividend Aristocrats is the minimum number of consecutive years a company must increase its dividend payouts. In the case of the Dividend Aristocrats, it’s 25 years. For the Dividend Kings, it’s 50 years. In addition, Dividend Kings are not limited to the S&P 500 companies as are the Dividend Aristocrats.
Which companies recently joined the Dividend Kings List?
Black Hills Corporation, Illinois Tool Works, Leggett & Platt, National Fuel, MSA Safety, PPG, Universal Corporation, Target, Tennant and W W Grainger.
Which companies were removed from the Dividend Kings List in 2021?
No companies were removed from the Dividend Kings in 2021.
Which companies are next in line on the Dividend Kings List?
Which dividend king has the most consecutive years of increasing dividend payments?
American State Water has been raising its dividends for 67 consecutive years – the most consecutive dividend increase of all dividend kings.