All 150 Dividend Champions In November 2023

Up to date on November eighth, 2023 by Bob Ciura

Earnings traders are all the time on the hunt for high-quality dividend shares. There are numerous methods to measure high-quality shares. A method for traders to seek out nice dividend shares is to deal with these with the longest histories of elevating dividends.

With this in thoughts, we created a downloadable listing of all ~150 Dividend Champions.

You may obtain your free copy of the Dividend Champions listing, together with related monetary metrics like price-to-earnings ratios, dividend yields, and payout ratios, by clicking on the hyperlink under:

Traders are seemingly acquainted with the Dividend Aristocrats, a bunch of 68 shares within the S&P 500 Index with 25+ consecutive years of dividend will increase. In the meantime, traders must also familiarize themselves with the Dividend Champions, which have additionally raised their dividends for a minimum of 25 years in a row.

Whereas their size of dividend will increase is similar, resulting in some overlap, there are additionally some necessary variations between the Dividend Aristocrats and Dividend Champions. In consequence, the Dividend Champions listing is rather more expansive. There are numerous high-quality Dividend Champions that aren’t included on the Dividend Aristocrats listing.

This text will focus on the Dividend Champions, and an evaluation of our high 7 Dividend Champions, ranked in accordance with anticipated whole returns within the Certain Evaluation Analysis Database.

Desk of Contents

You may immediately bounce to any particular part of the article by clicking on the hyperlinks under:

Overview of Dividend Champions

The requirement to turn out to be a Dividend Champion is easy: 25+ years of consecutive annual dividend will increase. The Dividend Aristocrats have the identical requirement relating to variety of years, however with a couple of further necessities.

To be a Dividend Aristocrat, an organization should even be included within the S&P 500 Index, should have a float-adjusted market cap of a minimum of $3 billion, and should have a mean day by day worth traded of a minimum of $5 million. These added necessities preclude many firms that possess a ample observe report of annual dividend will increase, however don’t qualify primarily based on market cap or liquidity causes.

In consequence, whereas there may be some overlap between the Dividend Aristocrats and the Dividend Champions, there are additionally many Dividend Champions that aren’t Dividend Aristocrats. Earnings traders would possibly need to contemplate these shares attributable to their spectacular histories of annual dividend will increase, so we’ve compiled them within the downloadable spreadsheet above.

As well as, we’ve ranked the highest 7 Dividend Champions in accordance with whole anticipated annual returns over the subsequent 5 years. Our high 7 Dividend Champions proper now are ranked under.

The Prime 7 Dividend Champions To Purchase Proper Now

The next 7 shares signify Dividend Champions with a minimum of 25 consecutive years of dividend will increase, however additionally they have sturdy aggressive benefits, long-term progress potential, and excessive anticipated whole returns.

Shares have been ranked by anticipated whole annual return over the subsequent 5 years, from lowest to highest.

Prime Dividend Champion #7: Polaris Industries (PII)

5-year anticipated returns: 16.7%

Polaris designs, engineers, and manufactures snowmobiles, all-terrain autos (ATVs) and bikes. As well as, associated equipment and substitute components are bought with these autos by sellers situated all through the U.S. The corporate operates underneath 30+ manufacturers together with Polaris, Ranger, RZR, Sportsman, Indian Bike, Slingshot and Transamerican Auto Elements.

On October twenty fourth, 2023, Polaris reported Q3 outcomes for the interval ending September thirtieth, 2023. For the quarter, income decreased 3.8% to $2.25 billion, which was $20 million lower than anticipated. Adjusted earnings-per-share of $2.71 in contrast unfavorably to $3.25 within the prior yr and was $0.02 lower than anticipated.

Supply: Investor Presentation

For the quarter, Marine gross sales declined 48%, On-Highway fell 19%, and Off-Highway, the most important element of the corporate, improved 6%. Gross sales for Marine and On-Highway had been decrease attributable to a lower in volumes. Off-Highway benefited from energy in snowmobile demand and beneficial properties in Elements, Clothes, and Equipment. Gross margin contracted 127 foundation factors to 22.6%.

Click on right here to obtain our most up-to-date Certain Evaluation report on PII (preview of web page 1 of three proven under):

Prime Dividend Champion #6: Sanofi SA (SNY)

5-year anticipated returns: 16.8%

Sanofi is a world healthcare firm that develops and markets a wide range of therapeutic therapies and vaccines. Prescribed drugs account for ~72% of gross sales, vaccines make-up ~15% of gross sales and shopper healthcare contributing the rest of gross sales.

Sanofi is really a world chief, with a 3rd of gross sales coming from the U.S., slightly greater than 1 / 4 coming from Western Europe, and the rest of gross sales coming from rising markets/remainder of the world.

Sanofi produces annual revenues of about $49 billion. Sanofi is integrated in France, however U.S. traders have entry to the corporate by an American Depositary Receipt, or ADR. Two ADR shares equal one share of the underlying firm.

On July twenty eighth, 2023, Sanofi introduced second quarter outcomes for the interval ending June thirtieth, 2023. For the quarter, income grew 6.6% to $11 billion, however this was $104 million under estimates. The corporate’s earnings-per-share per ADR of $0.96 in comparison with $0.88 within the prior yr and was $0.07 greater than anticipated.

Click on right here to obtain our most up-to-date Certain Evaluation report on SNY (preview of web page 1 of three proven under):

Prime Dividend Champion #5: Sonoco Merchandise (SON)

5-year anticipated returns: 17.1%

Sonoco Merchandise gives packaging, industrial merchandise and provide chain providers to its clients. The markets that use the corporate’s merchandise embrace these within the home equipment, electronics, beverage, building and meals industries.

The corporate generates greater than $7 billion in annual gross sales.

Supply: Investor Presentation

On October thirty first, 2023, Sonoco Merchandise reported third quarter outcomes for the interval ending October 1st, 2023. For the quarter, income decreased 9.5% to $1.7 billion, which was $30 million under estimates. Adjusted earnings-per-share of $1.46 in contrast unfavorably to $1.60 within the prior yr, however this was $0.18 greater than anticipated.

For the quarter, Client Packaging revenues had been down by 9% to $938 million attributable to decrease volumes and costs. Versatile packaging, inflexible paper, and steel packaging enterprise carried out effectively. Industrial Paper Packing gross sales fell 12% to $580 million attributable to weaker international demand for paper and transformed paper merchandise. All Different decreased 3% to $192 million as weaker quantity and blend had been solely partially offset by pricing motion.

Click on right here to obtain our most up-to-date Certain Evaluation report on Sonoco (SON) (preview of web page 1 of three proven under):

Prime Dividend Champion #4: Walgreens Boots Alliance (WBA)

5-year anticipated returns: 18.1%

Walgreens Boots Alliance is the most important retail pharmacy in the US and Europe. The corporate has a presence in additional than 9 nations by its flagship Walgreens enterprise and different enterprise ventures.

Supply: Investor Presentation

On June twenty seventh, 2023, Walgreens reported outcomes for the third quarter of fiscal 2023. Gross sales grew 9% however earnings-per-share rose solely 3% over final yr’s quarter, from $0.97 to $1.00, principally attributable to excessive COVID-19 vaccinations and exams in final yr’s interval. Earnings-per-share missed the analysts’ consensus by $0.07.

It was the primary earnings miss after 11 quarters in a row. Because the pandemic has subsided, Walgreens is going through robust comparisons. It lowered its steering for earnings-per-share from $4.45-$4.65 to $4.00-$4.05.

Click on right here to obtain our most up-to-date Certain Evaluation report on Walgreens Boots Alliance (preview of web page 1 of three proven under):

Prime Dividend Champion #3: Eversource Vitality (ES)

5-year anticipated returns: 19.6%

Eversource Vitality is a diversified holding firm with subsidiaries that present regulated electrical, gasoline, and water distribution service within the Northeast U.S. The corporate’s utilities serve greater than 4 million clients after buying NStar’s Massachusetts utilities in 2012, Aquarion in 2017, and Columbia Fuel in 2020.

Eversource has a protracted historical past of producing regular progress over time.

Supply: Investor Presentation

On November sixth, 2023, Eversource Vitality launched its third quarter 2023 outcomes for the interval ending September thirtieth, 2023. For the quarter, the corporate reported income of $2.79 billion, a lower of 13.2% in comparison with $3.22 billion in the identical quarter of final yr. The corporate reported earnings of $339.7 million and earnings-per-share of $0.97 in contrast with earnings of $349.4 million and earnings-per-share of $1.00 within the prior yr.

The corporate reported earnings of $15 million and earnings-per-share of $0.04 in contrast with earnings of $292 million and earnings-per-share of $0.84 within the prior yr.

Click on right here to obtain our most up-to-date Certain Evaluation report on ES (preview of web page 1 of three proven under):

Prime Dividend Champion #2: 3M Firm (MMM)

5-year anticipated returns: 19.6%

3M is an industrial producer that sells greater than 60,000 merchandise used day by day in properties, hospitals, workplace buildings, and colleges worldwide. It has about 95,000 workers and serves clients in additional than 200 nations.

On October twenty fourth, 2023, 3M reported earnings outcomes for the third quarter for the interval ending June thirtieth, 2023.

Supply: Investor Presentation

For the quarter, income declined 3.6% to $8.3 billion, however this was $280 million above estimates. Adjusted earnings-per share of $2.68 in comparison with $2.69 within the prior yr, however was $0.33 greater than projected.

Adjusted natural progress fell 3.1% for the interval. Well being Care had natural progress of two.4%, whereas Transportation & Electronics, Client, and Security & Industrial had been down 1.8%, 7.2%, and 5.8%, respectively.

Click on right here to obtain our most up-to-date Certain Evaluation report on 3M Firm (preview of web page 1 of three proven under):

Prime Dividend Champion #1: Albemarle Company (ALB)

5-year anticipated returns: 39.1%

Albemarle is the most important producer of lithium and second largest producer of bromine on the earth. The 2 merchandise account for practically two-thirds of annual gross sales. Albemarle produces lithium from its salt brine deposits within the U.S. and Chile. The corporate has two joint ventures in Australia that additionally produce lithium.

Associated: 2023 Lithium Shares Record

Supply: Investor Presentation

Within the second quarter, income grew 60.1% to $2.37 billion, however missed estimates by $20 million. Adjusted earnings-per-share of $7.33 in contrast very favorably to $3.45 within the prior yr and was $2.81 above estimates.

For the quarter, income for Vitality Storage grew 119.7% to $1.76 billion, attributable to larger costs and a 36% enchancment in volumes from the corporate’s growth in Chile and a brand new processing plant in China.

Click on right here to obtain our most up-to-date Certain Evaluation report on Albemarle (preview of web page 1 of three proven under):

Ultimate Ideas

The assorted lists of shares by size of dividend historical past are a very good useful resource for traders who deal with high-quality dividend shares.

To ensure that an organization to boost its dividend for a minimum of 25 years, it should have sturdy aggressive benefits, extremely worthwhile companies, and management positions of their respective industries.

In addition they have long-term progress potential and the flexibility to navigate recessions whereas persevering with to boost their dividends.

The highest 7 Dividend Champions introduced on this article have lengthy histories of dividend progress, and the mix of excessive dividend yields, low valuations, and future earnings progress potential make them enticing buys proper now.

The Dividend Champions listing shouldn’t be the one solution to shortly display for shares that frequently pay rising dividends.