5 Surprising Dividend Aristocrats Yielding 3% or More

Generous dividend stocks that reliably raise their payouts year after year can be an important piece of an income portfolio.

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Generous dividend stocks that reliably raise their payouts year after year can be an important piece of an income portfolio. A smart way to identify attractive dividend stocks is to focus on the Dividend Aristocrats, 50 companies in Standard & Poor’s 500-index that have raised dividends for at least 25 years in a row.

Big Dividend Aristocrats with yields of more than 3% are well known to income investors and feature prominently in many retirement portfolios. (Think AT&T (T (opens in new tab)), Exxon Mobil (XOM (opens in new tab)), Procter & Gamble (PG (opens in new tab)), Coca-Cola (KO (opens in new tab)) and the like.) But there are many smaller Dividend Aristocrats with above-average yields that can go unnoticed. Take a look at five surprising dividend stocks with 3%-plus yields whose dividends have increased annually for 25 years or more.

(Dividend yields and other figures are as of June 30, 2017. Companies are listed in order of market capitalization—share price times total shares outstanding—starting with the highest. The following five stocks were selected from among the 25 smallest Dividend Aristocrats by market cap. The full list of all 50 Dividend Aristocrats is maintained by S&P Dow Jones Indices (opens in new tab). Dividend history based on company information and S&P data. Analysts’ ratings provided by Zacks Investment Research.)

Dan Burrows
Contributing Writer, Kiplinger.com