I’m about halfway into a review copy of the book Get Rich with Dividends by Marc Lichtenfeld. Although there is more hype than I usually like – “easy 12% returns!” – I am learning things about dividend stock investing.
There is a handy chart in the book that compares a variety of stock lists that track companies with histories of consistently raising their dividends with no cuts. They are included below, along with a brief description and links to the full lists. Some of these have corresponding ETFs, but many of the smaller-cap companies are not covered by ETFs or fund managers and may be good targets for individual investors. Good reference.
Name | Provider, Full List | Requirements |
S&P 500 Dividend Aristocrats | Standard and Poor’s |
|
Dividend Champions | DRiP Resource Center |
|
Dividend Achievers | Indxis |
|
Dividend Contenders | DRiP Resource Center (included in Champions spreadsheet) |
|
Dividend Challengers | DRiP Resource Center (included in Champions spreadsheet) |
|
Thanks for putting this all in one place!
I like dividends as a source of income in retirement, because they are always positive, they usually grow above level of inflation, and they rarely get cut. A diversified income portfolio can provide retirees with a stable and growing stream of income, which maintains purchasing power of income and principal, and then some.
The list of Dividend Champions, Contenders and Challengers maintained by Dave Fish is the most comprehensive list on US Dividend Growth Stocks. It includes a wealth of information, that is a major time saver in the initial stages of research for many dividend investors. But investors should also look for quality, not just metrics.
Thanks!
I always wonder why these folks write books when they CAN make a killing in the field and not bother about the tedious process of writing books and selling them.
I used to use the Aristocrats as my first screen but switched to the Champions because I didn’t particularly care about the S&P requirement.
I like the champs and the challengers.
I never read that book, though I share your dislike for those terms like “easy 12% returns”.
David Fish’s Dividend Champions, Contenders, and Challengers is pretty much the go-to list for dividend investors. He updates news for the stocks quite often on Seeking Alpha as well.
@xmasy: Long-term value investing (including a focus on dividend stocks) is a very long-term process rather than a way to get rich quick. Capital compounds over the long term while the investor can go elsewhere to bring in active income through jobs, books, and so forth.
Great list. Thanks for sharing!
I purchased Altria at $14 a share during this last bear market at a 13% dividend and now the dividend is at 20%. It really is true. The perpetual dividend raisers are awesome.