Best 10 Year Dividend Growth Stocks - 2024

If you're looking for stable and growing dividend stocks, the following companies have demonstrated consistent dividend growth over the past decade. Investing in such stocks can be a solid strategy for long-term wealth accumulation and income generation. These companies span a range of sectors, offering diversified opportunities to capitalize on reliable dividend growth. Below is a list of the best 10-year dividend growth stocks for 2024, perfect for building a resilient investment portfolio.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Johnson & Johnson3.28%79.71%24.51%5.13%0.21%5.83%6.14%
Procter & Gamble2.25%66.12%28.97%8.00%0.29%5.63%4.67%
Coca-Cola3.08%78.28%26.06%10.23%0.40%3.36%5.09%
PepsiCo2.48%75.99%23.55%11.33%0.49%6.63%8.24%
3M2.71%55.40%16.72%15.81%0.96%4.81%10.48%
AbbVie3.52%212.79%60.84%51.67%0.66%10.52%13.98%
Abbott Laboratories1.90%65.30%34.76%5.04%0.15%12.74%13.80%
NextEra Energy2.70%59.48%22.51%3.13%0.14%-15.88%-3.39%
McDonald's2.26%58.34%26.03%-41.46%-1.69%8.26%7.16%
Lowe's1.67%37.18%22.34%-11.41%-0.48%19.29%20.25%
Target3.44%46.70%13.64%4.12%0.31%11.59%10.68%
Colgate-Palmolive2.08%56.15%27.10%178.77%8.21%2.85%-0.36%
Clorox2.86%167.23%58.86%350.22%2.68%5.05%5.83%
General Dynamics2.03%41.22%20.75%3.29%0.17%7.54%12.00%
Lockheed Martin2.46%45.66%18.41%17.07%0.99%8.18%9.78%
Caterpillar1.37%24.61%17.91%9.86%0.58%8.80%11.26%
Texas Instruments 2.73%95.39%35.49%10.20%0.29%13.80%16.72%
Microsoft0.70%24.63%36.35%11.43%0.35%10.16%11.14%
Apple0.41%16.25%39.34%64.75%1.38%-19.56%-22.27%
Exxon Mobil3.35%47.99%15.20%1.91%0.14%2.64%4.11%
Chevron4.09%70.19%17.20%1.84%0.10%6.16%4.47%
Southern3.32%63.19%20.02%2.84%0.15%3.16%3.28%
Public Storage3.61%121.41%30.70%6.06%0.19%8.45%8.83%
Realty Income5.58%291.48%55.49%1.27%0.02%3.00%3.46%
Duke Energy3.63%92.18%20.36%1.79%0.09%2.24%2.77%
Verizon6.28%114.26%18.33%1.86%0.10%2.02%2.37%
AT&T4.66%90.45%18.95%1.68%0.09%-11.11%-4.72%
Union Pacific2.23%48.15%21.48%8.60%0.42%11.19%5.80%
Raytheon Technologies2.09%67.44%33.49%2.59%0.08%-3.93%0.56%
Home Depot2.11%60.05%28.93%73.06%4.47%15.20%18.28%
Kimberly-Clark3.50%62.10%17.79%36.09%2.38%3.37%3.83%
Intel1.80%-13.32%-5.59%0.90%-0.15%-9.22%-1.94%
Walmart0.85%33.23%38.93%8.69%0.23%1.85%1.95%
Johnson Controls International1.78%58.65%32.52%3.44%0.11%7.17%8.84%
Medtronic3.30%84.54%25.16%2.23%0.09%13.50%9.60%
Amgen3.28%112.70%34.83%19.57%0.68%10.04%16.31%
Bristol-Myers Squibb4.08%-66.20%-16.42%6.95%-0.36%7.34%2.62%
Pfizer6.54%221.76%34.19%1.58%0.05%3.82%5.50%
Merck & Co2.97%63.72%21.58%5.89%0.29%8.26%5.52%
Eaton1.01%39.12%39.10%7.71%0.20%5.44%7.43%
Broadcom1.23%181.24%156.02%12.11%0.09%10.81%36.00%
Automatic Data Processing1.84%58.20%32.29%23.23%0.82%12.96%11.18%
Illinois Tool Works2.06%48.42%23.69%24.13%1.12%8.77%12.98%
S&P Global0.71%32.01%45.02%4.70%0.10%12.47%12.39%
BlackRock2.43%50.12%25.46%3.86%0.15%10.72%11.52%
Chubb1.24%14.19%11.58%1.76%0.16%3.29%0.42%
American Express0.90%19.64%21.51%7.16%0.34%10.01%10.43%
Morgan Stanley2.72%53.87%18.49%2.00%0.11%24.19%32.16%
Travelers Companies1.56%20.76%13.18%2.16%0.18%5.34%7.20%
Crown Castle6.06%222.15%36.60%8.49%0.21%7.93%0.00%