A dividend champion is a company that has managed to increase dividends to shareholders for at least 25 years in a row.
There are only 145 such companies in the US today. Becoming a dividend champion is no accident, and it is a result of a strong business that has generated earnings growth for a long period of time.
Here are three dividend champion stocks for you to consider –
A. O. Smith Corporation – SYM: AOS
Recent Price: $82.16
Dividend Growth Rate – 10 Year: 18.16%
Description: A. O. Smith Corporation manufactures and markets residential and commercial gas, heat pump and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World.
CRITICAL Jan. 31st Warning
Jason Bodner here and I’m going public today with an urgent new warning. I believe the most popular investment is set to pop…And it could all start just days from now. This has NOTHING to do with A.I. stocks. It has NOTHING to do with crypto currency, and it has NOTHING to do with high-flying tech stocks. Instead, this corner of the market you likely have cash parked in has swelled to nearly $6 trillion. Most people – maybe you – aren’t prepared.
Click here to watch this warning now.
Automatic Data Processing, Inc. – SYM: ADP
Recent Price: $239.67
Dividend Growth Rate – 10 Year: 12.64%
Description: Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.
A new report highlights the challenges faced by the U.S. in the race for AI dominance. This includes the stark fact that a majority of essential elements in modern tech currently lie in foreign countries. This obviously presents multiple hurdles for North American companies fighting to be on the cutting edge.
See how the one key element found in American soil has become indispensable.
Badger Meter, Inc. – SYM: BMI
Recent Price: $157.16
Dividend Growth Rate – 10 Year: 10.96%
Description: Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services to municipal water utilities. The company also provides flow instrumentation products, including meters, valves, and other sensing instruments to measure and control fluids going through a pipe or pipeline, including water, air, steam, oil, and other liquids and gases to original equipment manufacturers as the primary flow measurement device within a product or system, as well as through manufacturers’ representatives. In addition, the company offers ORION (SE) for traditional fixed network applications; and ORION Cellular for utility-owned fixed network infrastructure, as well as BEACON, a secure cloud-hosted software suite that establishes alerts for specific conditions and allows consumer engagement tools that permit end water customers to view and manage their water usage activity. Its flow instrumentation products are used in water/wastewater, heating, ventilating and air conditioning, and corporate sustainability markets. The company serves water utilities, industrial, and other industries. It sells its products directly, as well as through resellers and representatives. Badger Meter, Inc. was incorporated in 1905 and is based in Milwaukee, Wisconsin.