(Click on image to enlarge)

Dividend stocks have historically shown growth, even during periods of recession.

In this graphic, we showcase the top 15 ‘Dividend Kings’ in 2024, as identified by FinanceCharts, based on data available as of October 2024.

What Makes a Company a Dividend King?

A key benefit of investing in dividend-paying companies is that dividends typically grow steadily, with well-established firms often increasing payouts annually.

Dividend Kings are companies that have increased their dividends annually for more than 50 years.

Dividend Royalty

Altria Group (MO) offers the highest dividend yield at 8.18%. Formerly known as Philip Morris, the American corporation is one of the world’s largest producers and marketers of tobacco, cigarettes, and medical products for treating smoking-related illnesses.

Altria is followed by Universal, another tobacco company. The leading global supplier of leaf tobacco offers a dividend yield of 6.5%.

Northwest Natural Holding (NWN) ranks third in our list. The company provides natural gas service to approximately two million people in Oregon and Southwest Washington.

Genuine Parts (GPC) and Northwest Natural have the longest dividend-raising streaks on our list, both at 68 years.

More By This Author:

Mapped: Renewable Energy As A Percentage Of Power Generation, By Country
Real Estate Bubbles: Rent Prices Going Up Or Down?
How Much Do G7 And BRICS Countries Rely On The Taiwan Strait?