2024 Dividend Kings List (50 Years Straight of Dividends)

“If you don't find a way to make money while you sleep, you will work until you die.”

Are you on the hunt for stable investments that provide passive income? Are you looking to get your money working for you and bring back even more money? Then you are going to like the idea of Dividend Kings.

What is a dividend king?

A Dividend King is a stock that has increased its dividend for 50 or more years in a row.

Companies that offer steady dividends are often well-established and profitable. No companies exhibit this better than dividend kings. This list of exclusive stocks have raised dividends for at least 50 straight years.

That's no small feat, given that these companies have raised and paid dividends through seven recessions, an oil embargo (1973-74), double-digit interest rates (the 1980s), Black Monday (1987), 9/11, the dot-com bubble (1999-2000), the 2008 financial crisis, the Coronavirus Crash of 2020, and other events over the last five decades.

Out of more than 4,000 U.S stocks, only 56 make the cut in 2024.

  • 3M Co. logo 3M Co. (MMM)
  • Sector: Industrials
  • Dividend Yield: 6.58%
  • Streak: 66 years

Sector and Market capitalization Breakdown

The sectors and market cap's of the Dividend Kings are different from the broader stock market. Here is the Dividend Kings sector breakdown:

  • Consumer Staples: 25.5%
  • Industrials: 21.8%
  • Utilities: 16.4%
  • Health Care: 9.1%
  • Financials: 9.1%
  • Materials: 9.1%
  • Consumer Discretionary: 5.5%
  • Real Estate: 1.8%
  • Energy: 1.8%

Dividend Kings are heavy in the Industrials, Consumer Staples, and Utilities sectors. Interestingly, There are zero stocks from the tech Sector, Which makes up a huge percentage of the S&P 500.

Dividend Kings come in all different sizes. Here is the breakdown:

  • Mega caps ($200 billion+ market cap): 11%
  • Large caps ($10 billion to $200 billion market cap): 47%
  • Mid caps ($2 billion to $10 billion): 27%
  • Small caps ($300 million to $2 billion): 15%

Whats interesting is: 42% of the Dividend Kings have a market cap below $10 billion. This shows that consistent, growing payouts to shareholders over decades doesn't always come with gigantic size.

What is a Dividend Stock?

Dividend stocks are publicly traded companies that payout part of their profits to shareholders in the form of quarterly dividends. Dividend-paying stocks is great for investors looking for an income stream (even during a bad market) or as part of a long-term wealth-building plan focused on collecting cold hard cash every year.

Analysis Reports On All 56 Dividend Kings

Want in-depth analysis on all 56 Dividend Kings?

Get detailed reports on all the Dividend Kings to help you find the best income securities for your retirement and financial freedom portfolios, while avoiding mediocre or worse investments.