UBSI - 55 April Dividend Kings: Buy 8 Watch 8

2024-04-12 14:39:25 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 April 10 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 15.19%-33.38% topped-by Middlesex Water, and SJW Group.
• By yield, Leggett tops-all. Top-ten April Kings: FRT, UBSI, FTS, BKH, NWN, CDUAF, MMM, UVV, MO, & LEG averaged 6.24% in yield.
• The Kings showed top-ten broker-estimated target-price upsides from: NFG, CWT, SYY, AWR, FRT, BKH, JNJ, NWN, SJW, and MSEX, averaging 17.71%.
• $5k invested on April 10 in the five top-yield, lowest-priced Kings showed 15.23% LESS net-gain than from $5k invested in all top ten. Bigger (higher-priced) equities led these Dividend Kings by over one and one-half lengths.

Foreword

As a 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 April collection of 55 Kings is too pricey to justify their skinny dividends, seven of the top-ten, by yield, and one more outside those ten, live up to the ideal of offering annual dividends (from a $1K investment) exceeding their single share prices, and this month there are eight more to watch....

For further details see: