Top 35 Dividend Kings List: For High Returns in 2024

Dividend Kings are a select group of companies that have not only paid but also increased their dividends for 50 consecutive years or more. This remarkable achievement demonstrates financial strength, stability, and a commitment to rewarding shareholders. Investing in Dividend Kings provides a unique opportunity to secure reliable income while benefiting from the long-term growth potential of these well-established businesses. These companies often operate in sectors that withstand economic downturns, making them a solid choice for conservative investors looking for both stability and dividend growth. We’ll highlight the best Dividend Kings, exploring their financial performance, dividend yields, and why they stand out as top picks for income-focused investors.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
3M2.75%55.40%16.45%15.56%0.96%4.81%10.48%
Abbott Laboratories1.89%65.30%34.97%5.07%0.15%12.74%13.80%
ABM Industries1.60%36.15%22.75%1.93%0.09%4.68%3.82%
Altria6.96%66.57%9.42%-27.94%-2.72%5.06%7.63%
American States Water2.10%58.68%28.83%3.65%0.14%9.33%2.31%
Andersons1.55%21.70%13.93%1.26%0.09%2.30%1.45%
Archer-Daniels-Midland3.77%54.67%14.21%1.16%0.08%6.08%9.00%
Black Hills4.02%67.96%17.36%1.32%0.08%5.31%5.10%
California Water Service2.15%31.70%15.22%1.88%0.13%6.76%4.97%
Cincinnati Financial2.03%15.67%7.96%1.77%0.24%7.19%6.13%
Coca-Cola3.05%78.28%26.31%10.33%0.40%3.36%5.09%
Colgate-Palmolive2.09%56.15%26.97%177.85%8.21%2.85%-0.36%
Dover1.01%18.22%17.96%4.91%0.29%1.33%3.42%
Emerson Electric1.58%61.03%38.65%3.52%0.09%1.40%2.31%
Farmers & Merchants Bancorp2.65%50.92%19.43%1.34%0.07%8.70%0.48%
Federal Realty Investment Trust3.77%124.95%33.16%3.13%0.10%1.44%3.69%
Genuine Parts2.36%50.06%16.30%3.77%0.24%5.70%5.86%
Johnson & Johnson3.22%79.71%24.98%5.23%0.21%5.83%6.14%
Lancaster Colony1.91%62.39%32.53%5.48%0.17%7.09%7.85%
Lowe's1.64%37.18%22.70%-11.59%-0.48%19.29%20.25%
Nordson1.09%32.90%31.28%5.18%0.17%15.40%14.96%
Northwest Natural4.45%90.44%21.44%1.38%0.06%0.52%0.63%
Parker-Hannifin0.91%27.72%31.18%7.00%0.24%14.44%12.48%
Pentair0.85%22.58%27.02%5.15%0.20%-3.47%-0.87%
Procter & Gamble2.26%66.12%28.87%7.97%0.29%5.63%4.67%
SJW2.87%56.64%20.40%1.38%0.07%6.30%7.61%
Stanley Black & Decker3.51%-229.58%-65.41%1.57%-0.02%4.53%4.98%
Sysco2.54%51.82%20.14%17.72%0.91%6.58%3.45%
Target3.38%46.70%13.88%4.19%0.31%11.59%10.68%
Tootsie Roll Industries1.06%222.43%210.75%2.76%0.01%0.15%1.33%
V.F.1.76%-20.98%-11.91%5.65%-0.41%-12.13%-12.26%
Commerce Bancshares1.44%34.79%19.03%2.77%0.16%2.57%1.84%
Coca-Cola Consolidated1.53%31.78%21.56%8.89%0.38%37.97%17.46%
Hormel Foods3.60%78.17%22.09%2.19%0.10%7.96%4.93%