February's 55 Dividend Kings: Buy 9, Watch 3

Feb. 14, 2024 5:39 PM ET, , , , , , , , , , , , , , , , ,

Summary

  • "What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com.
  • The 55 Dividend Kings screened as of February 12 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 14.3%-28.7% topped-by Northwest Natural, and Archer-Daniels Midland.
  • By yield, Altria tops-all. Top-ten February King yields reported for UBSI, FRT, FTS, BKH, NWN, CDUAF, UVV, MMM, LEG, & MO averaged 6.00%.
  • The Kings showed top-ten broker-estimated target-price upsides from: MO, BDX, GRC, SJW, KVUE, NFG, NWN, ADM, ABM, and MSEX, averaging 21.59%.
  • $5k invested February 12 in the five top-yield, lowest-priced, Kings showed 16.67% LESS net-gain than from $5k invested in all top ten. Bigger (higher-priced) equities led these Dividend Kings by one and two-thirds lengths.
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Border collie dog celebrating The Three Magi King of Orient, The Three Wise, Melchior, Caspar and Balthasar. Isolated on blue background

smrm1977/iStock via Getty Images

Foreword

As supplement to this article, please note that The Motley Fool, which sourced this latest list, and SureDividend both update their lists periodically.

While most of this February collection of 55 Kings is too pricey

This article was written by

31.22K Followers

Fredrik Arnold is a retired quality service analyst sharing investment ideas with a primary focus on dividend yields by utilizing free cash flow and one-year total returns as trading indicators.

He is the leader of the investing group The Dividend Dog Catcher, where he shares a minimum of one new dividend stock idea per week with focus on yield or extraordinary financial circumstances. All ideas are archived and available after weekly announcement. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, recommendation or endorsement to buy or sell any security. Prices and returns on equities in this article except as noted are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling same. Graphs and charts were compiled by Rydlun & Co., LLC from data derived from www.indexarb.com; YCharts.com; Yahoo Finance - Stock Market Live, Quotes, Business & Finance News; analyst mean target price by YCharts. Dog art: Open source dog art from dividenddogcatcher.com.

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Related Stocks

SymbolLast Price% Chg
MO--
Altria Group, Inc.
LEG--
Leggett & Platt, Incorporated
UVV--
Universal Corporation
CDUAF--
Canadian Utilities LimitedA
NWN--
Northwest Natural Holding Company

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