7 Stocks With The Longest Dividend Growth History

Many investors love dividend growth but there is only a dozen of stocks with a dividend history over 50 consecutive years. Those stocks are called “Dividend Kings“.

Today I like to highlight stocks that could hit a new record this year by jumping over the magic 60th years barrier.

As of today, only one stock has managed this goal; it’s the water utility American States Water. Attached are seven top stocks that could hit the magic 60 rule within the next two years.

#1 Emerson Electric (NYSE:EMR) has a market capitalization of $42.77 billion. The company employs 115,100 people, generates revenue of $24,537.00 million and has a net income of $2,184.00 million.

Emerson Electric’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4,936.00 million. The EBITDA margin is 20.12 percent (the operating margin is 14.44 percent and the net profit margin 8.90 percent).

Financials: The total debt represents 24.92 percent of Emerson Electric’s assets and the total debt in relation to the equity amounts to 59.53 percent. Due to the financial situation, a return on equity of 20.74 percent was realized by Emerson Electric.

Twelve trailing months earnings per share reached a value of $3.05. Last fiscal year, Emerson Electric paid $1.72 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 20.26, the P/S ratio is 1.74 and the P/B ratio is finally 4.25. The dividend yield amounts to 3.04 percent and the beta ratio has a value of 1.32.

#2 Procter & Gamble (NYSE:PG) has a market capitalization of $244.38 billion. The company employs 118,000 people, generates revenue of $83,062.00 million and has a net income of $11,707.00 million.

Procter & Gamble’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $19,201.00 million. The EBITDA margin is 23.12 percent (the operating margin is 18.41 percent and the net profit margin 14.09 percent).

Financials: The total debt represents 24.55 percent of Procter & Gamble’s assets and the total debt in relation to the equity amounts to 51.17 percent. Due to the financial situation, a return on equity of 16.75 percent was realized by Procter & Gamble.

Twelve trailing months earnings per share reached a value of $3.54. Last fiscal year, Procter & Gamble paid $2.45 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 25.55, the P/S ratio is 2.94 and the P/B ratio is finally 3.60. The dividend yield amounts to 2.85 percent and the beta ratio has a value of 0.39.

#3 3M (NYSE:MMM) has a market capitalization of $105.13 billion. The company employs 140 people, generates revenue of $30,871.00 million and has a net income of $4,721.00 million.

3M’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $8,056.00 million. The EBITDA margin is 26.10 percent (the operating margin is 21.59 percent and the net profit margin 15.29 percent).

Financials: The total debt represents 17.91 percent of 3M’s assets and the total debt in relation to the equity amounts to 34.33 percent. Due to the financial situation, a return on equity of 26.56 percent was realized by 3M.

Twelve trailing months earnings per share reached a value of $7.28. Last fiscal year, 3M paid $2.54 in the form of dividends to shareholders.

Market Valuation: Here are the price ratios of the company: The P/E ratio is 22.53, the P/S ratio is 3.41 and the P/B ratio is finally 6.22. The dividend yield amounts to 2.50 percent and the beta ratio has a value of 1.11. - See more stocks here: 7 Stocks With The Longest Dividend Growth History…