2024-05-10 15:58:06 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 May 7 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 14.53%-33.61% topped by Gorman-Rupp, and Johnson & Johnson.
- By yield, Altria tops-all. Top-ten May Kings: KVUE, FRT, UBSI, FTS, BKH, NWN, CDUAF, UVV, MMM, & MO averaged 5.38% in yield.
- The Kings showed top-ten broker-estimated target-price upsides from: FRT, ABBV, KVUE, NWN, SYY, NFG, TGT, MSEX, JNJ, and GRC, averaging 15.57%.
- $5k invested May 7 in the five top-yield, lowest-priced, Kings showed 2.33% LESS net-gain than from $5k invested in all the top ten. Bigger (higher-priced) equities led these Dividend Kings by almost one-quarter length.
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 May 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....
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55 May Dividend Kings: Buy 8, Watch 8 More