In brief:
- The Dividend Kings are the best in class with respect to dividend endurance.
- A Dividend King is a stock with 50 or more consecutive years of dividend increases.
- The Dividend Kings list can be a good source for selecting dividend stocks.
- The Dividend Kings price return in November is -1.88%
While the S&P Dividend Aristocrats Index consists of over 60 stocks, which includes companies in the S&P 500 Index that have raised their dividend for at least 25 consecutive years, there are only 32 dividend kings in 2021.
The table below lists the dividend king’s performance for November 2021. The average monthly price performance for all dividend kings is -1.88% which is close to the Dividend Aristocrats. The dividend aristocrats lost 1.8% in November, which is lower than the -0.69% for the S&P 500 Index.
The key takeaways for November:
- Farmers & Merchants Bancorp (CA) and Lowe`s Companies Inc are the top gainers in November.
- Amongst the laggards are Lancaster Colony Corp., Emerson Electric Co., SYSCO Corporation, and Coca-Cola Co.
Currently, there are 7 Dividend Kings providing a dividend yield above the 3% mark. The average dividend yield is around 2.3% for all dividend kings.
The table below lists the top-7 dividend kings sorted descending by annual dividend yield.
Other Sources of Dividend Investment Ideas The Dividend Aristocrats list is not the only way to quickly screen for businesses that regularly pay rising dividends. Next to selecting the right dividend stocks, important principles for successful long-term investing are Disciple, Diversification, Defensive & indeed Dividend. Read more about this in our free e-book. Also, our monthly newsletter and premium member data will help you to invest smarter. Thanks for reading this article. Please send any feedback, corrections, or questions to service[@]moneyinvestexpert.com.
