Tuesday, January 16, 2007
What Stock Has Increased their Dividend over 50 Years in a Row?
According to the Atlanta Journal-Constitution, Genuine Parts (GPC) has increased their dividend every year for 51 years. Genuine Parts is in the business of distributing automotive parts, industrial replacement parts, office products, and electronic materials. Anyone know of stocks with dividend increases over a longer period of time?
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2 comments:
Several companies have increased their dividends for the same 51 years or so:
American States Water (AWR)
Diebold Inc. (DBD)
Procter & Gamble (PG)
Dover Corp. (DOV)
Emerson Electric (EMR)
Paker-Hannifin (PH)
The first three were listed at 51 years more than a year ago; Dover at 49' and the last two (along with Genuine Parts) at 48, to which they have added one or two years now. Now at 48 years are: 3M Company (MMM), Masco (MAS), and WPS Resources (WPS).
Dave,
Don't know about yearly increases but BMO has paid a dividend non-stop since 1829.
BNS since 1833
TD since 1857
OB
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