STOCK MARKET WATCH -- Monday, 4 November 2013

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7. Here Are The American And European Companies With Incredible Track Records Of Raising Their Dividend

http://www.businessinsider.com/companies-who-raise-their-dividends-2013-11

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Among the companies to qualify for the US Dividend Aristocrats index by increasing their dividends every year for at least the past 25 years are Stanley Black & Decker, the tool maker, Consolidated Edison, the energy company, Procter & Gamble, AT & T, Illinois Tool Works, T Rowe Price, an asset manager, 3M, Abbott Laboratories, the drugs maker, and Chubb Corporation, the insurer.

Europe produced a smaller number of striking dividend records.

Nestlé has not cut its dividend since 1959, when the payment was 0.023 francs. Its dividend last year was 2.05 francs – an 89-fold increase over a period of 53 years, which is equivalent to an average annual rise of 8.8pc. The stock is forecast to yield about 3.5pc this year.

L'Oréal and Roche have increased their dividends every year for the past quarter of a century, with compound annual growth of 15pc and 17pc respectively.

L'Oréal's yield isn't particularly high, with a forecast this year of just over 2pc, but the consistency of the payment "makes the company attractive to investors who are looking for a stable income", J P Morgan said. Roche's yield is more attractive with a 3.3pc forecast for this year, which thanks to continued growth should be more than 3.8pc in 2015.



Read more: http://www.businessinsider.com/companies-who-raise-their-dividends-2013-11#ixzz2jfrgHNJA