PM Images/DigitalVision via Getty Images
About the Dividend Champions List
The Dividend Champions list is a monthly publication tracking companies with a history of consistently increasing their dividends. Wider in scope than the well-known S&P 500 Dividend Aristocrats and Nasdaq Dividend Achievers, the Dividend Champions covers all companies listed on exchanges in the United States. In order to be included in the list, the annual split-adjusted dividend payout of a company (based on calendar year) must be consistently increasing. The Dividend Champions list is separated into three categories based on how long companies have maintained the streak of annually increasing dividends: Champions (25 or more years), Contenders (10 to 24 years), and Challengers (5 to 9 years). The Dividend Champions list was created by David Fish in 2007 and is currently maintained by Justin Law. The Dividend Champions list may be obtained for free for personal, non-commercial use from Wide Moat Research. Data in the Dividend Champions list is provided “as is” with no guarantees of accuracy, completeness, or timeliness.
Red Hot Dividends
22 companies declared higher dividends in the past month, with an average increase of 7.74% over their previous payouts. The latest version of the Dividends Champions List is available at Wide Moat Research.
The Dividend Champions universe has increased to 726 companies. The average dividend streak remains at 17.1 years. The average yield has increased to 2.77% from 2.57% the previous month.
Dividend Increases:
|
Company |
Symbol |
Increase |
Years |
|
Casey’s General Stores, Inc. |
(CASY) |
8.57% |
22 |
|
Caterpillar Inc. |
(CAT) |
8.11% |
29 |
|
First Farmers Financial Corporation |
5.00% |
32 |
|
|
The First Bancorp, Inc. |
(FNLC) |
6.25% |
9 |
|
Great Southern Bancorp, Inc. |
(GSBC) |
11.11% |
9 |
|
Horizon Bancorp, Inc. |
(HBNC) |
6.67% |
12 |
|
Investar Holding Corporation |
(ISTR) |
5.88% |
9 |
|
The Kroger Co. |
(KR) |
23.81% |
17 |
|
Matson, Inc. |
(MATX) |
3.33% |
11 |
|
National Fuel Gas Company |
(NFG) |
4.40% |
52 |
|
Realty Income Corporation |
(O) |
0.20% |
29 |
|
Oil-Dri Corporation of America |
(ODC) |
3.70% |
20 |
|
PSB Holdings, Inc. |
8.70% |
29 |
|
|
Riverview Bancorp, Inc. |
(RVSB) |
9.09% |
8 |
|
Simpson Manufacturing Co., Inc. |
(SSD) |
4.00% |
9 |
|
Target Corporation |
(TGT) |
20.00% |
55 |
|
Universal Health Realty Income Trust |
(UHT) |
0.71% |
37 |
|
UnitedHealth Group Incorporated |
(UNH) |
13.79% |
13 |
|
John Wiley & Sons, Inc. |
(WLY) |
0.72% |
29 |
|
Worthington Industries, Inc. |
(WOR) |
10.71% |
12 |
|
W. P. Carey Inc. |
(WPC) |
0.19% |
25 |
|
W. R. Berkley Corporation |
(WRB) |
15.38% |
21 |
Additions to Challengers:
Garmin Ltd. (GRMN)
Promotions:
None
Deletions:
None
Warnings:
It has been more than one year since the following companies last increased their dividends: C&F Financial Corporation (CFFI), HEICO Corporation (HEI), H&R Block, Inc. (HRB), J & J Snack Foods Corp. (JJSF).
Other:
Anthem (ANTM) has changed its name and ticker to Elevance (ELV).
Chart of the Month
This graph is a courtesy of Chuck Carnevale and FAST Graphs. As always, it is not intended as a recommendation, but is just one I found interesting. Do your own due diligence.
Fastgraphs
The house (or in this case, the exchange) always wins…
How you can help
Errors? Let me know! I don’t have time to manually verify every piece of data presented in this list. If you run across something that is clearly wrong, let me know in the comments or send me a message and I will do my best to get it fixed.
Suggestions? I am always open to your ideas on how the list can be improved.
Spread the word. There may still be people who used to follow David Fish and are unaware that this list is still being produced. Let them know!
Be the first to comment