3 Phenomenal High-Yielding Dividend Kings Boasting 60+ Years of Consecutive Payout Increases
Dividend Royalty Defies Market Volatility
While crypto traders chase fleeting meme coin pumps, these corporate titans deliver something far more valuable: predictable cash flow. Three elite companies just extended their dividend growth streaks past the six-decade mark - a feat that makes most DeFi yield farms look like temporary experiments.
The 60-Year Club
These aren't your average income stocks. We're talking about businesses that have increased payouts through twelve presidential administrations, multiple recessions, and several market crashes. Their secret? Actual revenue streams rather than speculative tokenomics.
Yield That Outlasts Hype Cycles
Unlike algorithmic stablecoins that collapse when confidence wanes, these dividends get funded by something radical: profitable operations. The yields might not match some leveraged farming promises, but they also don't disappear when liquidity pools dry up.
Corporate Endurance vs Crypto Hype
Surviving 60 years requires adapting to technological shifts these companies witnessed the internet's birth and blockchain's emergence while maintaining shareholder returns. Meanwhile, most altcoins launched last month won't see their second birthday.
Financial institutions love preaching about 'safety' while quietly stacking Bitcoin - but these dividend kings actually walk the stability talk with cold, hard cash quarter after quarter.
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1. Coca-Cola
Soft drink company Coca-Cola has expanded over the years to include hundreds of different brands and products under its umbrella. But its bread and butter is still its namesake brand, and Coke Zero, which appeals to consumers looking to reduce their sugar intake.
The simplicity of Coca-Cola's business is what makes it an attractive beverage stock to own for the long haul. Its products aren't terribly expensive and have wide appeal, which is why Coca-Cola has been a fairly stable and consistent company to invest in over the years.
Coca-Cola has been able to raise prices along with inflation without hurting its top line, and that's a great example of the pricing power it possesses thanks to its strong brands. Last year, its sales topped $47 billion, and they ROSE by a modest but steady rate of 3% year over year.
Coca-Cola is a good and boring dividend stock that you can just put in your portfolio and forget about. It currently yields 3.1%, and it has increased its dividend for 63 straight years. That streak is about as solid as a rock.
2. Procter & Gamble
Procter & Gamble's business has dozens of brands that span a wide range of consumer areas, including baby products, hair care, laundry, and many others. It sells day-to-day necessities that people all over the world rely on from leading brands such as Pampers, Bounce, Gillette, and many others.
That consistency and predictability is also evident when looking at the company's financials. Its sales totaled $84 billion in the company's most recent fiscal year, which ended June 30. And it's been within a range of $80 billion to $84 billion in each of the past four years. There's limited volatility with the consumer staples stock, which is why it can be such a dependable investment to hang on to for the long haul.
As impressive of a streak as Coca-Cola has, Procter & Gamble's is even more remarkable. The company has raised its dividend for 69 straight years. And its first dividend was back in 1890. It currently yields 2.7%, which is more than twice the(^GSPC -0.28%) average of 1.2%.
3. Johnson & Johnson
Rounding out this list is Johnson & Johnson, one of the most iconic and well-known healthcare companies in the world. It has simplified its business by spinning out its consumer healthcare division, as it now focuses on higher-growth opportunities in pharmaceuticals and medical devices.
Focusing on growth can sometimes put a dividend at risk, but in Johnson & Johnson's case, the company remains committed to growing its payout. In April, the company boosted its dividend by around 5%, which extended its streak of increases to 63 straight years. With the increase, the stock's yield is now just under 3%.
The company has been growing in the single digits and continues to see plenty of growth as it anticipates drug approvals in multiple therapeutic areas, which can help strengthen its top and bottom lines and also make room for more generous dividend increases in the future. Its long-term goal is to grow its operations by an annual rate between 5% to 7%. With slow and steady growth, this can make for a fairly stable dividend stock to hang on to for the long haul.