What Is Dividend?

Dividend Achievers List

Most investors are familiar with the popular Dow Jones Industrial Average (DJIA) and the S&P 500 index. But did you know that there’s another index that tracks stocks of companies that have increased their dividends for 10 or more consecutive years? It’s called the Dividend Achievers List, and it’s composed of some of the most stable and consistent dividend-paying stocks on the market. In this blog post, we’ll explain why the Dividend Achievers List is important and how you can use it to find high-quality dividend stocks.

What is the Dividend Achievers List?

The Dividend Achievers List is a list of companies that have increased their dividend payments for 10 or more consecutive years. The list is compiled and maintained by Mergent, Inc., a financial data and analytics provider. As of November 2022, there are 380 stocks on the Dividend Achievers List.

Amer. States Water (AWR) – 67

Dover (DOV) – 66

Northwest Natrl (NWN) – 66

Parker-Hannifin (PH) – 66

Emerson Electric (EMR) – 65

Genuine Parts (GPC) – 66

Procter & Gamble (PG) – 66

3M (MMM) – 64

Cincinnati Fin. (CINF) – 62

Johnson & Johnson (JNJ) – 60

Coca-Cola (KO) – 60

Lancaster Colony (LANC) – 59

Lowe’s Companies (LOW) – 60

Colgate-Palmolive (CL) – 59

Nordson (NDSN) – 58

ABM Industries (ABM) – 55

California Water Service (CWT) – 55

Federal Realty Investment Trust (FRT) – 54

Hormel Foods (HRL) – 54

Stepan (SCL) – 54

SJW (SJW) – 55

Stanley Black & Decker (SWK) – 55

Target (TGT) – 55

Federal Realty Investment Trust (FRT) – 54

Commerce Bancshares (CBSH) – 54

H.B. Fuller (FUL) – 53

Altria Group, Inc. (MO) – 52

Tootsie Roll Industries (TR) – 52

Black Hills Corp. (BKH) – 51

Natural Fuel Gas (NFG) – 52

Universal Corp. (UVV) – 52

W.W. Grainger (GWW) – 51

Becton, Dickinson & Co. – 50

Leggett & Platt (LEG) – 51

MSA Safety (MSA) – 51

PPG Industries (PPG) – 50

Tennant (TNC) – 50

Gorman-Rupp Co. – GRC – 49

Kimberly-Clark (KMB) – 50

Middlesex Water Co. – 49

Nucor (NUE) – 49

PepsiCo (PEP) – 50

VF Corp. (VFC) – 49

RPM International (RPM) – 48

S&P Global Inc. (SPGI) – 49

Wal-Mart (WMT) – 49

Consolidated Edison (ED) – 48

Illinois Tool Works (ITW) – 47

Telephone & Data Systems (TDS) – 48

Archer-Daniels Midland (ADM) – 47

Automatic Data Processing (ADP) – 46

McDonald’s (MCD) – 46

MGE Energy (MGEE) – 46

RLI Corp. (RLI) – 47

Walgreens Boots Alliance (WBA) – 46

Carlisle Companies (CSL) – 45

Clorox (CLX) – 44

Medtronic (MDT) – 45

Sherwin-Williams (SHW) – 44

Franklin Resources (BEN) – 42

Community Trust Bancorp (CTBI) – 41

Aflac (AFL) – 40

Old Republic International (ORI) – 41

Air Products & Chemicals (APD) – 46

Cintas (CTAS) – 39

Sonoco Products (SON) – 40

Exxon Mobil (XOM) – 39

Atmos Energy (ATO) – 38

Brady (BRC) – 36

Univ. Health Realty Trust (UHT) – 36

Donaldson Company (DCI) – 35

Mercury General Corp. (MCY) – 35

McCormick & Co. (MKC) – 35

Tompkins Financial Corp. (TMP) – 35

T. Rowe Price (TROW) – 35

Chevron (CVX) – 34

1st Source (SRCE) – 34

UGI Corp. (UGI) – 34

Erie Indemnity Company (ERIE) – 32

National Retail Properties (NNN) – 32

First Financial Corp. – Indiana (THFF) – 32

Jack Henry & Assoc. (JKHY) – 31

SEI Investments (SEIC) – 31

Community Bank System (CBU) – 30

Ecolab Inc. (ECL) – 30

General Dynamics (GD) – 30

MDU Resources Group (MDU) – 30

Westamerica Bancopration (WABC) – 30

Badger Meter (BMI) – 29

Franklin Electric Co. (FELE) – 29

McGrath Rentcorp (MGRC) – 29

Realty Income (O) – 29

Roper Technologies (ROP) – 29

Stryker Corp. (SYK) – 29

UNB Financial Corp. (UMBF) – 29

West Pharmaceutical Services (WST) – 29

Essential Utilities (WTRG) – 29

A.O. Smith Corp. (AOS) – 28

AptarGroup, Inc. (ATR) – 28

BankFirst Corporation (BANF) – 28

Brown & Brown (BRO) – 28

Caterpillar (CAT) – 27

Chubb Limited (CB) – 28

Cullen Frost Bankers (CFR) – 28

Albemarle Corp. (ALB) – 27

Essex Property Trust (ESS) – 27

Expeditors International Of Washington (EXPD) – 27

Lincoln Electric Holdings (LECO) – 27

Matthews International Corp. (MATW) – 27

NextEra Energy (NEE) – 27

Southside Bancshares (SBSI) – 27

First Of Long Island (FLIC) – 26

International Business Machines (IBM) – 26

New Jersey Resources (NJR) – 26

Polaris Inc. (PII) – 26

RenaissanceRe Holdings Ltd. (RNR) – 26

Cardinal Health (CAH) – 25

Church & Dwight Co. (CHD) – 25

Graco Inc. (GGG) – 25

Bank OZK (OZK) – 25

W.P. Carey (WPC) – 25

C.H. Robinson Worldwide (CHRW) – 24

Enterprise Products Partners L.P. (EPD) – 24

Prosperity Bancshares (PB) – 24

J.M. Smucker (SJM) – 24

York Water Co. (YORW) – 24

Cambridge Bancorp (CATC) – 23

Eversource Energy (ES) – 23

Factset Research Systems (FDS) – 23

South Jersey Industires (SJI) – 23

Fastenal Co. (FAST) – 22

Casey’s General Stores (CASY) – 21

Magellan Midstream Partners L.P. (MMP) – 21

Nu Skin Enterprises (NUS) – 21

Royal Gold (RGLD) – 21

Southern Company (SO) – 21

Axis Capital Holdings (AXS) – 21

Cass Information Systems (CASS) – 20

Flowers Foods (FLO) – 20

L3Harris Technologies (LHX) – 20

Microchip Technologies (MCHP) – 20

Microsoft (MSFT) – 20

PPL Corp. (PPL) – 20

W.R. Berkley Corp. (WRB) – 20

Analog Devices (ADI) – 19

American Equity Investment Life Holdings (AEL) – 19

Atrion Corp (ATRI) – 19

Avista Corp. (AVA) – 19

Edison International (EIX) – 19

Healthcare Services Group (HCSG) – 19

International Flavors & Fragrances (IFF) – 19

Lockheed Martin (LMT) – 19

Lindsay Corporation (LNN) – 19

Nike, Inc. (NKE) – 19

Perrigo Company PLC (PRGO) – 19

Qualcomm (QCOM) – 19

Republic Services (RSG) – 19

Spire Inc. (SR) – 19

WEC Energy Group (WEC) – 19

Assurant Inc. (AIZ) – 18

Best Buy Co. (BBY) – 18

Costco Wholesale (COST) – 18

Chesapeake Utilities (CPK) – 18

J.B. Hunt Transport Services (JBHT) – 18

Kellogg Co. (K) – 18

Alliant Energy (LNT) – 18

Northrop Grumman (NOC) – 18

Robert Half International (RHI) – 18

Silgan Holdings (SLGN) – 18

Sempra Energy (SRE) – 18

Toro Co. (TTC) – 18

Texas Instruments (TXN) – 18

Westlake Chemical (WLK) – 18

Waste Management (WM) – 18

Xcel Energy (XEL) – 18

AmerisourceBergen (ABC) – 17

Accenture PLC (ACN) – 17

Ameriprise Financial (AMP) – 17

BOK Financial (BOKF) – 17

CSX Corp. (CSX) – 17

Digital Realty Trust (DLR) – 17

Duke Energy (DUK) – 17

Equity Lifestyle Properties (ELS) – 17

Evergy Inc. (EVRG) – 17

Hawkins (HWKN) – 17

J&J Snack Foods (JJSF) – 17

Monro Inc. (MNRO) – 17

Northwestern Corp. (NWE) – 17

Ryder System (R) – 17

Regal Rexnord Corp. (RRX) – 17

Steris PLC (STE) – 17

Hanover Insurance Group (THG) – 17

Travelers Companies (TRV) – 17

Verizon Communications (VZ) – 17

American Financial Group (AFG) – 16

Cummins (CMI) – 16

Globe Life (GL) – 16

Kroger Co. (KR) – 16

Portland General Electric Co. (POR) – 16

Sensient Technologies (SXT) – 16

Williams-Sonoma (WSM) – 16

Broadridge Financial Solutions (BR) – 15

CMS Energy (CMS) – 15

Ensign Group (ENSG) – 15

Hillenbrand Inc. (HI) – 15

Hingham Institution For Savings (HIFS) – 15

OGE Energy (OGE) – 15

Southwest Gas Holdings (SWX) – 15

Union Pacific Corp. (UNP) – 15

American Water Works (AWK) – 14

Brookfield Infrastructure Partners L.P. (BIP) – 14

Comcast Corp. (CMCSA) – 14

Heico Corp (HEI) – 14

Hubbell Inc. (HUBB) – 14

Quaker Houghton (KWR) – 14

Mckesson Coproratioin (MCK) – 14

Phillip Morris International (PM) – 14

Visa Inc. (V) – 14

Balchem Corp. (BCPC) – 13

Bristol-Myers Squibb (BMY) – 13

Chemed Corp. (CHE) – 13

DTE Energy (DTE) – 13

MarketAxess Holdings (MKTX) – 13

Oracle Corp. (ORCL) – 13

Petmed Express (PETS) – 13

Principal Financial Group (PFG) – 13

Prudential Financial (PRU) – 13

Reinsurance Group of America (RGA) – 13

Unum Group (UNM) – 13

WD-40 Co. (WDFC) – 13

American Electric Power Company (AEP) – 12

Applied Industrial Technologies (AIT) – 12

Alexandria Real Estate Equities (ARE) – 12

Ashland Global Holdings (ASH) – 12

Activision Blizzard (ATVI) – 12

Broadcom (AVGO) -12

Blackrock, Inc. (BLK) – 12

CBOE global Markets (CBOE) – 12

Celanese Corp. (CE) – 12

Comerica (CMA) – 12

Cohen & Steers (CNS) – 12

CubeSmart (CUBE) – 12

Eastman Chemical (EMN) – 12

Eaton Corporation PLC (ETN) – 12

Extra Space Storage (ETN) – 12

First American Financial (FAF) – 12

The Home Depot (HD) – 12

Horance Mann Educators (HNM) – 12

HP Inc. (HPQ) – 12

Hershey Company (HSY) – 12

International Bancshares Corp. (IBOC) – 12

Idex Corporation (IEX) – 12

KLA Corp. (KLAC) – 12

Lithia Motors (LAD) – 12

Littlefuse, Inc. (LFUS) – 12

Lennox International (LII) – 12

Lincoln National (LNC) – 12

Mid-American Apartment Communities (MAA) – 12

Moody’s Corp. (MCO) – 12

March & McLennan Cos. (MMC) – 12

Morningstar Inc. (MORN) – 12

Northwest Bancshares (NWBI) – 12

Pfizer Inc. (PFE) – 12

Douglas Dynamics (PLOW) – 12

Primerica Inc. (PRI) – 12

Rockwell Automations (ROK) – 12

Starbucks Corp. (SBUX) – 12

Scotts Miricale-Gro Company (SMG) – 12

Snap-on Inc. (SNA) – 12

Stock Yards Bancorp (SYBT) – 12

Thor Industries (THO) – 12

Trinity Industries (TRN) – 12

Tractor Supply Co. (TSCO) – 12

Unitedhealth Group (UNH) – 12

United Parcel Service (UPS) – 12

Arthur J. Gallagher & Co. (AJG) – 11

Allete (ALE) – 11

Allstate Corp. (ALL) – 11

Atlantic Union Bankshares (AUB) – 11

Avery Dennison Corp (AVY) – 11

Bank of New York Mellon (BK) – 11

Churchill Downs (CHDN) – 11

CME Group (CME) – 11

Dillard’s Inc. (DDS) -11

Discover Financial Services (DFS) – 11

First Financial Bankshares (FFIN) – 11

Financial Institutions (FISI) – 11

Fifth Third Bancorp (FITB) – 11

GATX Corp. (GATX) – 11

Corning Inc. (GLW) – 11

Gentex Corp. (GNTX) – 11

Horizon Bancorp Inc. (HBNC) – 11

HNI Corp. (HNI) – 11

Home Banchares (HOMB) – 11

Independent Bank (INDB) – 11

Ingredion (INGR) – 11

JP Morgan Chase & Co. (JPM) – 11

Keycorp (KEY) – 11

Lakeland Bancorp (LBAI) – 11

ManpowerGroup (MAN) – 11

Merck & Co. (MRK) – 11

Neenah Inc. (NP) – 11

Insperity Inc. (NSP) – 11

Paychex Inc. (PAYX) – 11

PNC Financial Services (PNC) – 11

Pool Corporation (POOL) – 11

Reliance Steel & Aluminum (RS) – 11

Sandy Spring Bancorp – (SASR) – 11

Service Corp International (SCI) – 11

SpartanNash Co. (SPTN) – 11

State Street Corp (STT) – 10

Standex International Corp. (SXI) – 11

Truist Financial Corporation (TFC) – 11

UDR Inc. (UDR) – 11

U.S. Bancorp (USB) – 11

Washington Federal Inc. (WAFD) – 11

Washington Trust Bancorp (WASH) – 11

Whirlpool Corp (WHR) – 11

Worthington Industries (WOR) – 11

Wesbanco, Inc. (WSBC) – 11

Lakeland Financial (LKFN) – 10

Kaiser Aluminum (KALU) – 10

Apogee Enterprises (APOG) – 10

PNM Resources (PNM) – 10

NiSource (NI) – 10

Investors Bancorp (ISBC) – 10

Booz Allen Hamilton Holdings (BAH) – 10

Assured Guaranty Ltd. (AGM) – 10

Federal Agricultural Mortgage (AGM) – 10

Brookfield Asset Management (BAM) – 10

Public Service Enterprise Group (PEG) – 10

Simmons First National (SFNC) – 10

Evans Bancorp (EVBN) – 10

Shoe Carnival (SCVL) – 10

Quest Diagnostic (DGX) – 10

Amdocs LImited (DOX) – 10

Southern Michigan Bancorp (SOMC) – 10

Apple (AAPL) – 10

First Republic Bank (FRC) – 10

Aon PLC (AON) – 10

Hyster-Yale Materials Handling (HY) – 10

First Merchants (FRME) – 10

CNO Financial Group (FRME) – 10

Nasdaq, Inc. (NDAQ) – 10

C&F Financial (CFFI) – 10

TowneBank (TOWN) – 10

DENTSLPLY SIRONA (XRAY) – 10

Glacier Bancorp (GBCI) – 10

SouthState (SSB) – 10

First Community Bankshares (FCBC) – 10

Southern Missouri Bancorp (SMBC) – 10

Matson (MATX) – 10

Cogent Communications Holdings (CCOI) – 10

Associated Banc-Corp (ASB) – 10

Mercantile Bank (MBWM) – 10

ResMed Inc. (RMD) – 10

ChoiceOne Financial Services (COFS) – 10

Fidelity National Financial (FNF) – 10

Peoples Ltd. (PPLL) – 10

Healthcare Trust of America (HTA) – 10

Mondelez International (MDLZ) – 10

Farmer’s Bankshares (FBVA) – 10

Gladstone Investment (GAIN) – 10

Trinity Bank (TYBT) – 10

Arbor Realty Trust (ABR) – 10

IDACORP (IDA) – 10

Phillips 66 (PSX) – 10

Getty Realty (GTY) – 10

Amphenol Corporation (APH) – 10

AbbVie Inc. (ABBV) – 10

Cabot Corporation (CBT) – 10

First Horizon (FHN) -10

AvalonBay Communities (AVB) – 10

Pinnacle West Capital (PNW) – 10

Huntington Ingalls Industries (HII) – 10

Air Lease Corporation (AL) – 10

Raymond James Financial (RJF) – 10

Zoetis Inc. (ZTS) – 10

Tyson Foods (TSN) – 10

Fortune Brands Home & Security (FBHS) – 10

(Updated February 2022)

 

Why is the Dividend Achievers List important?

The Dividend Achievers List is important because it provides investors with a starting point for finding high-quality dividend stocks. Companies that have been able to increase their dividend payments for 10+ years tend to be financially strong and have sustainable business models. These are exactly the types of companies that you want to own for the long term.

How can I use the Dividend Achievers List?

You can use the Dividend Achievers List in two ways: 1) as a watchlist for identifying potential investments, or 2) as an investment strategy in itself. If you’re looking for individual stocks to add to your portfolio, you can use the Dividend Achievers List as a watchlist. Simply add all of the stocks on the list to your stock tracking software (e.g., Google Finance, Yahoo! Finance, etc.), and then perform your due diligence on each one before making any investment decisions.

Alternatively, if you want to invest in a basket of high-quality dividend stocks all at once, you can do so by investing in an exchange-traded fund (ETF) that tracks the Dividend Achievers Index. The only ETF that does this currently is the ProShares S&P 500®/Dow Jones® International Real Estate ETF (BATS: RWX). This ETF invests in international real estate companies that are included in either the S&P 500 Index or the Dow Jones World ex-U.S Total Stock Market Index, and also have increased their dividends for at least 10 consecutive years.

The Dividend Achievers List is an important tool for investors who are looking for high-quality dividend stocks. The list is composed of companies that have increased their dividend payments for 10 or more consecutive years, meaning they are financially strong and have sustainable business models. You can use the Dividend Achievers List as a watchlist for identifying potential investments, or you can invest in an ETF that tracks the list.