News

Published on 23 Mar 2023 on Insider Monkey via Yahoo Finance

12 Future Dividend Kings in the Next 6 Years or Less


Article preview image

In this article, we discuss 12 future dividend kings in the next 6 years or less. You can skip our detailed analysis of dividend stocks and their returns over the years, and go directly to read 5 Future Dividend Kings in the Next 6 Years or Less. 

Dividend Kings are companies that have dividend growth streaks of 50 years or more. Investors are inclined toward these securities as these companies are financially stable and are more likely to raise their payouts in the future. Moreover, these stocks also offer regular income to shareholders along with the potential for capital appreciation as the stock price grows over time. Some of the best dividend kings that investors are paying attention to include The Coca-Cola Company (NYSE:KO), PepsiCo, Inc. (NASDAQ:PEP), and The Procter & Gamble Company (NYSE:PG) as these companies have strong cash flow generation which enabled them to raise their payouts for decades.

The current inflationary environment has enhanced the importance of dividend growers. Analysts also recommend loading up on companies with strong dividend growth track records instead of those with high yields. According to a report by Nuveen, global dividend-payers with modest yields of around 3% generally exhibit better earnings potential and higher profit margins when compared with high-yielding dividend stocks. The report also mentioned that dividend growth stocks outperformed their peers during monthly periods of rising volatility. From December 2002 to December 2022, dividend growers delivered an average excess return of 0.7% when the monthly volatility increase was over 20%.

NYSE.MCD price evolution
NASDAQ.PEP price evolution
LSE.NXT price evolution
NYSE.MDT price evolution
NYSE.SHW price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Are Oxford Instruments plc (LON:OXIG) Investors Paying Above The Intrinsic Value?

Key Insights Oxford Instruments' estimated fair value is UK£16.59 based on 2 Stage Free Cash Flow...

Simply Wall St. via Yahoo Finance 27 Mar 2024

Big Technologies PLC's (LON:BIG) Fundamentals Look Pretty Strong: Could The Market Be Wrong About...

It is hard to get excited after looking at Big Technologies' (LON:BIG) recent performance, when i...

Simply Wall St. via Yahoo Finance 27 Mar 2024

Kingfisher plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Shareholders of Kingfisher plc (LON:KGF) will be pleased this week, given that the stock price is...

Simply Wall St. via Yahoo Finance 27 Mar 2024

Midwich Group's (LON:MIDW) Dividend Will Be Increased To £0.11

The board of Midwich Group plc (LON:MIDW) has announced that it will be paying its dividend of £0...

Simply Wall St. via Yahoo Finance 23 Mar 2024

Interested In Prudential's (LON:PRU) Upcoming US$0.1421 Dividend? You Have Four Days Left

Readers hoping to buy Prudential plc (LON:PRU) for its dividend will need to make their move shor...

Simply Wall St. via Yahoo Finance 23 Mar 2024

Here's What Analysts Are Forecasting For Kenmare Resources plc (LON:KMR) After Its Yearly Results

Investors in Kenmare Resources plc (LON:KMR) had a good week, as its shares rose 7.5% to close at...

Simply Wall St. via Yahoo Finance 23 Mar 2024

At UK£1.10, Is It Time To Put JD Sports Fashion Plc (LON:JD.) On Your Watch List?

JD Sports Fashion Plc (LON:JD.), might not be a large cap stock, but it received a lot of attenti...

Simply Wall St. via Yahoo Finance 23 Mar 2024

Senior (LON:SNR) Is Increasing Its Dividend To £0.017

Senior plc (LON:SNR) will increase its dividend on the 31st of May to £0.017, which is 70% higher...

Simply Wall St. via Yahoo Finance 23 Mar 2024

A Look At The Intrinsic Value Of Robinson plc (LON:RBN)

Key Insights The projected fair value for Robinson is UK£0.96 based on Dividend Discount ModelCur...

Simply Wall St. via Yahoo Finance 23 Mar 2024

Rolls-Royce Stock: To Generate Half Current Market Cap As FCF Over Next 4 Years (RYCEY)

Shares in Rolls Royce surged last year, generating a nearly 240% return in the year. The last few...

Seeking Alpha 22 Mar 2024