The 6 Dividend Kings with a double digit hike in 2024
Rare stocks: 50+ years of dividend growth and a 10%+ increase this year
In 2024, 48 U.S. stocks continued their streak of at least 50 consecutive years of dividend increases. Among this elite group, the average dividend increase year-to-date stands at +5.4%. However, six companies distinguished themselves with double-digit dividend growth. Here’s a closer look at these top performers:
ABM Industries (ABM): Leading the way, ABM Industries posted a remarkable +17.8% dividend increase, showcasing robust financial health and growth.
Nordson (NDSN): With a +14.7% increase, Nordson secures the second spot, reflecting its strong operational performance and shareholder commitment.
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