A dividend champion is a company which has a 25 year record of annual dividend increases. There are only 134 such companies in the US today. I believe that 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. These are the types of businesses I like to study, and potentially consider at the right time for my dividend portfolio. I believe that the dividend champions list offers a more complete picture than the dividend aristocrats.
I last updated the list of dividend champions through December 31, 2018. I decided to update the list of dividend champions after the untimely passing of David Fish in May 2018.
Today, I am going to share with you the Dividend Champions list for 2020. You can download the 2020 Dividend Champions List from this link.
As a starting point, there were 129 companies in the dividend champions list at the end of 2019.
There were several companies that ended up leaving the Dividend Champions list in 2019.
Three of these companies were acquired – notably Vectren (59), Connecticut Water Service (48) and Bemis (35). The number in brackets is the number of years of annual dividend increases for each of those three companies.
There were eight companies that were added to the list in 2019.
Albermarle (ALB)
Caterpillar (CAT)
Enterprise Bancorp (EBTC)
Essex Property Trust (ESS)
Matthews International (MATW)
Northeast Indiana Bancorp (NIDB)
Realty Income (O)
Ross Stores (ROST)
All of this brings the list of dividend champions to 134 companies at the end of 2019.
The following companies should be able to become dividend champions by the end of 2020:
International Business Machines (IBM)
Lincoln Electric Holdings (LECO)
NextEra Energy (NEE)
Polaris Industries (PII)
RenaissanceRe Holdings (RNR)
Southside Bancshares (SBSI)
There are a few companies such as Helmerich & Payne (HP), whose annual dividends are increasing in 2019, despite not having a dividend hike since 2018. If the dividend is kept unchanged, chances are the company will lose its dividend champion status.
Thank you for reading!
Relevant Articles:
- Dividend Champions, Contenders & Challengers: The most complete list of US dividend growth stocks available
- October 2018 Dividend Champions List
- December 2018 Dividend Champions List
- RIP David Fish
Popular Posts
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
-
Today marks the 18th year of the Dividend Growth Investor blog. I started it on my kitchen table 18 years ago, as a way to share my throught...
-
A lot of people would tell you that receiving a dividend is the same as selling stock That's deceptive at best, and an outright lie at ...
-
A dividend champion is a company which has a 25 year record of annual dividend increases. There are only 146 such companies in the US toda...
-
At the beginning of the 21st century most young people are told that social security won’t be there for them when they retire from the work ...
-
The goal of every dividend investor is to one day accumulate a portfolio of income producing stocks , which would throw off a large amount o...
-
Anne Scheiber worked as an auditor for the IRS. She retired at the age of 51 in 1944, and focused on managing her portfolio for the next 51 ...
-
Warren Buffett's investment in Coca-Cola (KO) is really fascinating. He started buying it in 1988 after the 1987 Stock Market crash. Buf...
-
There has been a lot of buzz recently about the emergence of large trillion dollar companies. It looks like every investor out there wants t...
-
A dividend king is a company that has managed to increase dividends to shareholders for at least 50 years in a row. There are only 52 such ...
