Dividend Growth Companies are businesses that have managed to increase annual dividends for several years in a row. Typically, established dividend growth companies need at least 10 years of annual dividend increases before they could be added to the dividend achievers list. If they have at least a 25 year track record, they are added either to the list of dividend aristocrats (if they are members of S&P 500) or the dividend champions list. Some folks also use a 5 year track record to establish presence in the dividend growth investing universe, believing that they can potentially identify future stars earlier than everyone else.
I wanted to take a look at the ten largest Dividend Growth Companies in the US, in order to look for value. I narrowed the list down to the largest publicly traded companies in the US, which have managed to increase dividends for at least 10 years in a row.
These are well-known, established and highly followed and widely owned companies. If you had bought them a decade ago, you would have locked in good starting valuations, and enjoyed a decade of solid dividend growth and total returns. All of those were driven by growth in earnings per share over the past decade.
The question of course is whether they are worth adding to today. Let's take a look at them:
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