Up to date on Could twenty third, 2023 by Bob Ciura

Earnings traders are all the time on the hunt for high-quality dividend development shares. There are various methods to measure high-quality shares. A technique for traders to search out nice dividend shares is to deal with these with the longest histories of elevating dividends.

With this in thoughts, we created a downloadable checklist of all 278 dividend development shares. We outline dividend development shares as all shares with 14+ years of rising dividends within the Certain Evaluation Analysis Database.

You may obtain your free copy of the Dividend Development Shares checklist, together with related monetary metrics like price-to-earnings ratios, dividend yields, and payout ratios, by clicking on the hyperlink beneath:

 

High quality dividend development shares (like those on the dividend development shares checklist) have demonstrated a capability to outlive recessions whereas persevering with to boost their dividends. Their spectacular dividend streaks are attributable to their robust enterprise fashions and constant earnings, by way of the financial cycle.

This text will talk about the highest 10 Dividend Development Shares, ranked in line with anticipated whole returns within the Certain Evaluation Analysis Database.

Desk of Contents

This part discusses the highest 10 dividend development shares proper now. All 10 dividend development shares have elevated their dividends for 14+ years in a row. There are not more than three shares allowed from any single market sector, to make sure the checklist is diversified.

You may immediately soar to any particular part of the article by clicking on the hyperlinks beneath:

Dividend Development Inventory #10: UGI Corp. (UGI)

• 5-year anticipated returns: 16.6%
• Years Of Consecutive Dividend Will increase: 36

UGI Company is a fuel and electrical utility that operates in Pennsylvania, along with a big vitality distribution enterprise that serves the whole US and different components of the world. It was based in 1882 and has paid consecutive dividends since 1885.

The corporate operates in 4 reporting segments: AmeriGas, UGI Worldwide, Midstream & Advertising and marketing, and UGI Utilities.

Supply: Investor Presentation

On February 1st, 2023 UGI reported monetary outcomes for the fiscal quarter ended December 31, 2022. Administration reported Q1 GAAP diluted earnings per share of $(4.54) and adjusted diluted EPS of $1.14, in comparison with GAAP diluted EPS of $(0.46) and adjusted diluted EPS of $0.93 within the prior-year interval.

Click on right here to obtain our most up-to-date Certain Evaluation report on UGI (preview of web page 1 of three proven beneath):

Dividend Development Inventory #9: Williams-Sonoma (WSM)

• 5-year anticipated returns: 16.6%
• Years Of Consecutive Dividend Will increase: 17

Williams-Sonoma is a specialty retailer that operates residence furnishing and houseware manufacturers, equivalent to Williams-Sonoma, Pottery Barn, West Elm, Rejuvenation, Mark and Graham and others. Williams-Sonoma operates conventional brick-and-mortar retail areas but additionally sells its items by way of e-commerce and direct-mail catalogs.

Supply: Investor Presentation

In mid-March, Williams-Sonoma reported (3/16/23) monetary outcomes for the fourth quarter of fiscal 2022. Comparable model income declined -0.6% over the prior yr’s quarter, as development of 5.8% in Pottery Barn was greater than offset by a ten.7% decline in West Elm. The corporate has exceeded analysts’ estimates in 21 of the final 22 quarters.

Click on right here to obtain our most up-to-date Certain Evaluation report on Williams-Sonoma (preview of web page 1 of three proven beneath):

Dividend Development Inventory #8: 3M Firm (MMM)

• 5-year anticipated returns: 16.9%
• Years Of Consecutive Dividend Will increase: 65

3M sells greater than 60,000 merchandise which are used day-after-day in properties, hospitals, workplace buildings and colleges across the world. It is now composed of 4 separate divisions: Security & Industrial, Healthcare, Transportation & Electronics, and Client. 

The corporate additionally introduced that it will be spinning off its Well being Care phase right into a standalone entity. The transaction is predicted to shut by the top of 2023.

Supply: Investor Presentation

On April twenty fifth, 2023, 3M reported introduced earnings outcomes for the 2023 first quarter. For the quarter, income of $7.7 billion beat analyst estimates by $190 million. Adjusted EPS of $1.97 additionally beat estimates by $0.37.

Click on right here to obtain our most up-to-date Certain Evaluation report on 3M (preview of web page 1 of three proven beneath):

Dividend Development Inventory #7: Sonoco Merchandise (SON)

• 5-year anticipated returns: 17.0%
• Years Of Consecutive Dividend Will increase: 41

Sonoco Merchandise offers packaging, industrial merchandise and provide chain providers to its clients. The markets that
use the corporate’s merchandise embody these within the home equipment, electronics, beverage, building and meals industries. The corporate generates greater than $7 billion in annual gross sales.

Supply: Investor Presentation

On Could 1st, 2023, Sonoco Merchandise reported first quarter outcomes for the interval ending March thirty first, 2023. For the quarter, income was down 2.3% to $1.73 billion, which was $110 million decrease than anticipated. Adjusted earnings-per-share of $1.40 in contrast unfavorably to $1.85 within the prior yr, however was $0.08 above estimates.

Click on right here to obtain our most up-to-date Certain Evaluation report on Sonoco (SON) (preview of web page 1 of three proven beneath):

Dividend Development Inventory #6: Cass Info Techniques (CASS)

• 5-year anticipated returns: 18.7%
• Years Of Consecutive Dividend Will increase: 22

Cass Info Techniques gives fee and knowledge processing providers to US-based manufacturing, distribution, and retail companies. As well as, Cass gives bill score, fee processing, auditing, accounting, and transportation data providers. The corporate operates in two segments: Info Companies and Banking Companies.

Supply: Investor Presentation

On April seventeenth, 2023, Cass Info Techniques, Inc. introduced its Q1 2023 outcomes, posting whole revenues of $49.3 million, up 17.2% year-over-year. The corporate’s diluted EPS in Q1 2023 was reported at $0.51, down by 15% from $0.60 in Q1 2022. In the course of the first quarter of 2023, whole revenues rose by $7.2 million, or 17.2%.

Click on right here to obtain our most up-to-date Certain Evaluation report on Cass (CASS) (preview of web page 1 of three proven beneath):

Dividend Development Inventory #5: Norwood Monetary (NWFL)

• 5-year anticipated returns: 18.9%
• Years Of Consecutive Dividend Will increase: 31

Norwood Monetary is a financial institution holding firm that operates by way of its subsidiary, Wayne Financial institution. The corporate is an unbiased group financial institution with over 14 workplaces in Northeastern Pennsylvania and roughly 16 workplaces in Delaware, Sullivan, Ontario, Otsego and Yates Counties, New York.

On April twenty first, 2023, Norwood Monetary Corp. launched its first quarter 2023 outcomes for the interval ending March thirty first, 2023. For the quarter, the corporate reported web earnings of $5.78 million which represents a 18.8% lower in comparison with $7.13 million earned in the identical interval of 2022. Reported earnings per diluted share for a similar intervals have been $0.71 and $0.87, a lower of 18.4%.

Click on right here to obtain our most up-to-date Certain Evaluation report on NWFL (preview of web page 1 of three proven beneath):

Dividend Development Inventory #4: Fulton Monetary Corp. (FULT)

• 5-year anticipated returns: 20.2%
• Years Of Consecutive Dividend Will increase: 14

Fulton Monetary Company is a U.S.-based diversified monetary providers firm with over $27 billion in belongings and greater than 200 branches throughout Pennsylvania, Maryland, Delaware, New Jersey, and Virginia. It gives a variety of client and industrial banking services and products, equivalent to checking and financial savings deposit merchandise and mortgage merchandise.

The corporate has elevated its dividend for 14 years.

Supply: Investor Presentation

On April 18th, 2023, Fulton Monetary Company launched first quarter 2023 outcomes for the interval ending March thirty first, 2023. For the quarter, the corporate reported web earnings out there to frequent shareholders of $65.8 million, or $0.39 per diluted share, a lower of $13.5 million, or 17.1%, compared to the fourth quarter of 2022.

Click on right here to obtain our most up-to-date Certain Evaluation report on FULT (preview of web page 1 of three proven beneath):

Dividend Development Inventory #3: Phone & Information Techniques (TDS)

• 5-year anticipated returns: 20.4%
• Years Of Consecutive Dividend Will increase: 49

Phone & Information Techniques is a telecommunications firm that gives clients with mobile and landline providers, wi-fi merchandise, cable, broadband, and voice providers throughout the U.S. The Mobile Division accounts for greater than 75% of whole working income.

Phone & Information Techniques has an 82% stake in U.S. Mobile and basically depends on this stake to attain development. The robust dependence of Phone & Information Techniques on U.S. Mobile leads to an especially unstable and unreliable efficiency.

Click on right here to obtain our most up-to-date Certain Evaluation report on Phone & Information Techniques (TDS) (preview of web page 1 of three proven beneath):

Dividend Development Inventory #2: Arrow Monetary (AROW)

• 5-year anticipated returns: 20.4%
• Years Of Consecutive Dividend Will increase: 27

Arrow Monetary Company is a multi-bank holding firm. The corporate operates by way of two most important subsidiary banks, the Glens Falls Nationwide Financial institution and Belief Firm, and the Saratoga Nationwide Financial institution and Belief Firm.

Arrow reported fourth quarter and full-year earnings on January thirtieth, 2023, and outcomes have been fairly weak, lacking estimates on each the highest and backside strains. Earnings-per-share got here to 73 cents, however that missed estimates by seven cents. Income was $37.7 million, up 8.5% year-over-year, however lacking expectations by $1.3 million.

Click on right here to obtain our most up-to-date Certain Evaluation report on AROW (preview of web page 1 of three proven beneath):

Dividend Development Inventory #1: Albemarle Company (ALB)

• 5-year anticipated returns: 21.4%
• Years Of Consecutive Dividend Will increase: 28

Albemarle is the biggest producer of lithium and second largest producer of bromine on the planet. The 2 merchandise account for practically two-thirds of annual gross sales. Albemarle produces lithium from its salt brine deposits within the U.S. and Chile.

The corporate has two joint ventures in Australia that additionally produce lithium. Albemarle’s Chile belongings supply a really low-cost supply of lithium.

Associated: 2023 Lithium Shares Record

The corporate operates in practically 100 international locations and consists of 4 segments: Lithium & Superior Supplies, Bromine Specialties, Catalysts and Different.

Supply: Investor Presentation

On Could third, 2023, Albemarle introduced first quarter outcomes. For the quarter, income grew 128.3% to $2.58 billion, however this was $160 million lower than anticipated. Adjusted earnings-per-share of $10.32 in contrast very favorably to $2.38 within the prior yr and was $3.26 above estimates.

Click on right here to obtain our most up-to-date Certain Evaluation report on Albemarle (preview of web page 1 of three proven beneath):

Last Ideas

The varied lists of shares by size of dividend historical past are a very good useful resource for traders who deal with high-quality dividend development shares.

To ensure that an organization to boost its dividend for not less than 14 years, it should have sturdy aggressive benefits, extremely worthwhile companies, and management positions of their respective industries.

Dividend development shares even have long-term development potential and the flexibility to navigate recessions whereas persevering with to boost their dividends.

The highest 10 Dividend Development Shares introduced on this article have lengthy histories of dividend development, and the mixture of excessive dividend yields, low valuations, and future earnings development potential make them enticing buys proper now.

The Dividend Development Shares checklist will not be the one approach to rapidly display for shares that repeatedly pay rising dividends.

If you’re involved in discovering extra dividend development shares, and different earnings investing alternatives, the next Certain Dividend assets can be of curiosity to you.

Blue Chip Inventory Investing 

Different Certain Dividend Sources