The eleven companies listed below have improved their annual dividend totals each of the last 50 years, putting them at the top of the Dividend Dynamo food chain. In other words, they’ve been giving shareholders consistent raises since before man landed on the moon, before President Kennedy was assassinated, and before the first computer video game was invented.
A Dividend Dynamo is a company that has raised its dividend for at least ten consecutive years, and there is no higher echelon than the “Class A” Dividend Dynamo. To see Dividend Dynamos that have been increasing their dividend for less than 50 years, check out Class B, Class C, Class D, and Class E.
The first true year of each dividend growth is listed under the far-right column. A company’s dividend growth streak begins the first calendar year its annual dividend total exceeds the previous year’s. Simply initiating a dividend does not get the streak started.
Since the list is based on annual dividend totals, a company’s Dividend Dynamo status can only be adjusted at the end of each calendar year. But the list is groomed religiously, with each company’s current dividend rate adjusted when necessary. Each company’s dividend total for the previous year is also provided, for comparison purposes.
A Dividend Dynamo is a company that has raised its dividend for at least ten consecutive years, and there is no higher echelon than the “Class A” Dividend Dynamo. To see Dividend Dynamos that have been increasing their dividend for less than 50 years, check out Class B, Class C, Class D, and Class E.
Company | Symbol | '11 Change | Current Rate | 2010 Dividends | Since |
---|---|---|---|---|---|
Diebold Incorporated | DBD | 3.70% | 1.12000 | 1.08000 | 1954 |
American States Water Company | AWR | 7.69% | 1.12000 | 1.04000 | 1955 |
Dover Corporation | DOV | 2.80% | 1.10000 | 1.07000 | 1956 |
Northwest Natural Gas | NWN | 3.57% | 1.74000 | 1.68000 | 1956 |
Emerson Electric Co. | EMR | 2.22% | 1.38000 | 1.35000 | 1957 |
Genuine Parts Company | GPC | 9.76% | 1.80000 | 1.64000 | 1957 |
Parker-Hannifin Corporation | PH | 38.32% | 1.48000 | 1.07000 | 1957 |
The Procter & Gamble Company | PG | 11.38% | 2.10000 | 1.88540 | 1957 |
3M Company | MMM | 4.76% | 2.20000 | 2.10000 | 1959 |
Vectren Corporation | VVC | 1.10% | 1.38000 | 1.36500 | 1960 |
Cincinnati Financial Corporation | CINF | 0.63% | 1.60000 | 1.59000 | 1961 |
Since the list is based on annual dividend totals, a company’s Dividend Dynamo status can only be adjusted at the end of each calendar year. But the list is groomed religiously, with each company’s current dividend rate adjusted when necessary. Each company’s dividend total for the previous year is also provided, for comparison purposes.