Thursday, August 25, 2011

High Yield Long Term Dividend Increasers

Over 20 stocks have increased dividends more than 30 years in a row, more than half a dozen have increased dividends in excess of 40 years, and two companies have raised dividends for more than 50 years. Investors who are looking for dividend payers for a long term hold should take a look at some of these stocks.

According to, which has posted a list of these stocks that have increased dividends for over 30 years in a row, and several of them are in the Dow Jones Industrial Average, such as Wal-Mart Stores (WMT) which has increased dividends for over 35 years in a row, and yields 2.9%. Quarterly earnings for the company were up 5.7% on a 5.4% increase in revenues. It trades at 10.8 times current earnings.

The consumer products company Clorox Co (CLX) is another long term dividend increaser that pays a decent dividend of 3.5%. The stock has had dividend increases for over 30 years, and currently trades at 14.9 times forward earnings. Earnings and revenues were off slightly for the latest quarter.

Another high yielder is Consolidated Edison (ED) paying 4.5%, and has a history of bumping up its dividend for 36 years in a row. The forward price to earnings ratio is 15.2. For the latesst quarter, revenues were flat but earnings were down 9.8%.

To see the entire list of dividend increasers, which can be downloaded, sorted, and updated, go to

Disclosure: Author did not own any of the above stocks at the time the article was written.


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