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TR - Dividend Kings Analysis: Sysco Is The Newest King
Tootsie Roll Industries Inc.
Overview
In this article, I analyze the 29 Dividend Kings, an exclusive group of stocks that have increased their dividend for 50+ consecutive years. There is now one more Dividend King since Sysco Corporation (SYY) recently raised the quarterly dividend permitting this company to enter this exclusive list. I will provide a summary analysis for Sysco, which is a food service distributor, in this article since it is the newest Dividend King.
The top five stocks in the ranking model have remained the same although there was movement amongst these companies as 3M