Investing

10 Companies That Have Raised Their Dividends for 50 Consecutive Years

Emerson Electric
> Number of years:
62
> Yield: 2.8%

Emerson Electric Co. (NYSE: EMR) offers technology and engineering solutions to industrial, commercial and consumer markets. While it has had exposure to oil and gas, the company is poised for earnings growth, and its dividend hike in November of 2018 marked the 62nd straight year of dividend hikes.

Genuine Parts
> Number of years:
63
> Yield: 2.8%

Genuine Parts Co. (NYSE: GPC) is known for its Napa brand for auto parts, and it also has UAP in Canada and AutoTodo in Mexico. It also recently acquired Alliance Automotive Group for about $2 billion to become one of the larger distribution companies in Europe. The dividend hike announcement on February 19, 2019, marked the 63rd consecutive year of dividend hikes for Genuine parts.

Hormel
> Number of years:
53
> Yield: 2.0%

Hormel Foods Corp. (NYSE: HRL) is a leader in prepacked food. On top of offering Spam, the company has been getting into more natural products in addition to the canned and packaged foods that it is best known for. Hormel last raised its dividend in November of 2018, and that marked the 53rd consecutive year of dividend hikes.

Johnson & Johnson
> Number of years:
56
> Yield: 2.6%

Johnson & Johnson (NYSE: JNJ) is one of the largest companies in the world and leads in consumer products and in the field of health and medical products. Its recent asbestos and talc issue has been a concern, but over time the company has proven that it can survive and overcome challenges. Johnson & Johnson has about 130 years of operating history, and its dividend hike in April of 2018 marked the 56th consecutive year of dividend hikes.

3M
> Number of years:
61
> Yield: 2.7%

3M Co. (NYSE: MMM) may have run into some growth and demand issues along with other conglomerates of late, but the company has a very long operating history that goes way back before its Post-It notes. It dates back to 1902. The conglomerate last raised its dividend in February of 2019, and that marked the 61st consecutive year of dividend hikes. 3M has also paid dividends for more than 100 years.

Procter & Gamble
> Number of years:
62
> Yield: 2.8%

Procter & Gamble Co. (NYSE: PG) is the largest consumer products company of them all. It has paid dividends for more than 100 years, since its founding back in 1837. While the company has run into competitive pressure and international issues in recent years, the company has brands such as Luvs, Pampers, Always, Tampax, Bounty, Charmin, Tide, Downy, Cascade, Swiffer, Crest, Vicks and so on that have to purchased come hell or high water. Its April 2018 dividend hike made the streak rise to 62 straight years.

Stanley Black & Decker
> Number of years:
51
> Yield: 2.0%

Stanley Black & Decker Inc. (NYSE: SWK) may be best known for its hand tools and power tools for construction sites and for homes, but the company also offers electronic security solutions, health care solutions and engineered fastening systems. When it hiked the dividend in July of 2018, that marked its 51st consecutive year of such hikes. While Stanley Works became Stanley Black & Decker after a merger in 2010, the company originally dates back to the first half of the 1800s.