Dividend stocks are about more than simply their yields. Before making a decision, there are a few additional key metrics to consider. The price-to-book ratio, payout ratio, and the number of years the stock has grown its dividend consistently are all examples. Dividend stocks are more than just high-yielding investments. Before making a decision, there are a few more vital factors to consider. All factors to consider are the price-to-book ratio, payout ratio, and the number of years the stock has grown its dividend consistently.
Insider Monkey highlights the list of 10 stocks with over 15 years of dividend hikes. Air Products and Chemicals, Inc. is a global provider of atmospheric, process, specialty gases, and equipment and services. The company’s headquarters are in Allentown, Pennsylvania, where it was formed in 1940. With nearly 15 years of dividend increases, it is ranked tenth on a list of ten stocks. Construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives are all manufactured and sold by Caterpillar Inc. The stock is ranked ninth on the list of the top ten stocks with a history of dividend increases of more than 15 years. By the end of 2021, 53 hedge funds out of the 873 elite funds monitored by Insider Monkey had invested in Raytheon Technologies Corp. In the first quarter of 2021, there were 58 positions with stakes totaling $2.49 billion. General Dynamics Corporation is an aerospace and defense firm with operations all over the world. General Dynamics Corporation had $9.22 billion in revenue in the second quarter of 2021. The company also announced $2.61 profits per share, which was $0.06 higher than analysts’ expectations. AFLAC Incorporated is based in Columbus, Georgia, and was formed in 1955. Aflac Japan and AFLlac US are the two business segments of the corporation. Goldman Sachs analyst Yaron Kinar boosted the price objective on AFLAC from $46 to $47 in the second quarter of 2021. For more details, click 10 Stocks With Over 15 Years Of Dividend Hikes.