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Portfolio > Economy & Markets > Stocks

4 ‘Boring’ Stocks That Consistently Pay Dividends

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They keep going and going and going …and have nothing to do Energizer batteries. helpfully points to four companies that have consistently paid dividends for decades, including one that’s rewarded shareholders for well over a century. In the rough-and-tumble markets of late, a solid, staid (dare we say boring) company that rests on its conservative laurels might be exactly what certain clients are looking for. And dividends are a great indicator of a company’s overall health.

“The thinking goes that if a company pays a dividend, that is real cash that has to be sent out to shareholders,” the website notes. “A company can’t fake that. Either it has the money or it doesn’t. It’s not that easy to pay a dividend every quarter, year after year, for decades. Things happen.”

1) DuPont Co. (DD)

So when a company like chemical giant DuPont can do it every single quarter since 1904 (434 consecutive quarters), it’s impressive.

And the other three? Not only are they doing it once again, they’ve already announced dividend increases in 2013.

2) Coca-Cola Co. (KO)

The soft drink behemoth has a good reason for its “Coke and a smile” slogan; it’s paid a dividend in each of the last 51 years, according to Zacks.  

“On Feb 21, the world’s largest beverage maker announced it was raising its dividend 10% to 28 cents a quarter,” the website reports. “The dividend is payable on April 1 to shareholders of record as of March 15. Coke has raised its dividend every year since 1963. It currently yields 2.9%. Sherwin Williams logo.3) Sherwin Williams Co. (SHW)

Founded just after the Civil War, it paid its first dividend to shareholders all the way back in 1885 and has continued to do so ever since.

On Feb. 13, Sherwin-Williams announced its 35th consecutive dividend increase,  a streak that Zacks notes began when Jimmy Carter was president.

“It increased it 28% to 50 cents per share. It is payable on March 8 to shareholders of record as of Feb. 25. It currently yields 1.3%.”

4) Archer Daniels Midland Co. (ADM)

The “supermarket to the world” was founded in its current form in 1923, and has paid a dividend every quarter since 1932. Depression, World War II? Nah, nothing will stop it, it seems, from rewarding shareholders.

“It has raised it every year over the last 25 years. On Feb. 6, ADM announced an 8.6% increase to 19 cents per share. This is a yield of 2.4%.”


Check out more on Dividends from an Investment Advisor magazine story: Dividends, Dividends, Dividends! at AdvisorOne.


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