spot_img
HomeBusiness10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold...

10 Most secure Dividend Aristocrats For 2023 – Positive Dividend Get hold of US

Up to date on September 18th, 2023 by Bob Ciura

The Dividend Aristocrats are the ‘better of the perfect’ dividend development shares. The Dividend Aristocrats have an extended historical past of outperforming the market.

Dividend Aristocrats are elite firms that fulfill the next:

  • Are within the S&P 500 Index
  • Have 25+ consecutive years of dividend will increase
  • Meet sure minimal dimension & liquidity necessities

You possibly can obtain an Excel spreadsheet with the complete listing of all 67 Dividend Aristocrats (with extra monetary metrics resembling price-to-earnings ratios and dividend yields) by clicking the hyperlink under:

 

All Dividend Aristocrats are high-quality companies based mostly on their lengthy dividend histories. An organization can not pay rising dividends for 25+ years with out having a robust and sturdy aggressive benefit.

However not all Dividend Aristocrats make equally good investments at present. Some Dividend Aristocrats are higher than others, based mostly on the sustainability of their dividends.

That’s why, on this article, now we have analyzed the ten most secure Dividend Aristocrats from our Positive Evaluation Analysis Database with the most secure dividends based mostly on our Dividend Threat Rating ranking system.

The shares under are all Dividend Aristocrats with Dividend Threat Scores of ‘A’, the highest ranking, and with the bottom payout ratios.

Desk of Contents

Most secure Dividend Aristocrats #10: Archer Daniels Midland (ADM)

Archer-Daniels-Midland is the biggest publicly-traded farmland product firm in the USA. Archer-Daniels-Midland’s companies embody processing cereal grains, oilseeds, and agricultural storage and transportation.

Archer-Daniels-Midland reported its second-quarter outcomes for Fiscal 12 months (FY) 2023 on July twenty fifth, 2023. The corporate posted web earnings of $0.9 billion, with adjusted web earnings reaching $1.0 billion. The corporate’s trailing 4 quarter common adjusted return on invested capital (ROIC) stood at a powerful 13.8%.

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Supply: Investor Presentation

ADM reported earnings per share (EPS) of $1.70. This determine incorporates a cost of $0.17 per share linked to impairments, restructuring, and a contingency loss provision pertaining to import duties. Adjusted for these parts, the corporate’s adjusted EPS was $1.89, providing a extra correct view of its operational efficiency in the course of the interval.

Click on right here to obtain our most up-to-date Positive Evaluation report on ADM (preview of web page 1 of three proven under):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Most secure Dividend Aristocrats #9: Pentair plc (PNR)

Pentair is a pure-play water options firm that operates in 3 segments: Aquatic Methods, Filtration Options, and Stream Applied sciences. Pentair was based in 1966. Pentair has elevated its dividend for greater than 4 many years in a row, when adjusted for spin-offs.

Pentair is without doubt one of the prime water stocks.

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Source: Investor Presentation

Pentair reported its second quarter earnings outcomes on July 27. Revenues of $1.08 billion throughout elevated 2%, a consequence
that beat estimates simply. Core gross sales, which excludes the influence of foreign money fee actions, acquisitions, and dispossessions, have been up 9% 12 months over 12 months. Pentair recorded earnings-per-share of $1.03 for the second quarter, which was up 1% year-over-year and beat the analyst consensus by $0.08.

Pentair up to date its steerage for the present 12 months in the course of the earnings report. For fiscal 2023, Pentair is now forecasting earnings-per-share of round $3.70.

Click on right here to obtain our most up-to-date Positive Evaluation report on Pentair (preview of web page 1 of three proven under):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Most secure Dividend Aristocrats #8: Dover Company (DOV)

Dover Company is a diversified international industrial producer with annual revenues of almost $9 billion. Dover consists of 5 reporting segments: Engineered Methods, Clear Vitality & Fueling, Pumps & Course of Options, Imaging & Identification, and Local weather & Sustainability Applied sciences. Barely greater than half of revenues come from the U.S., with the rest coming from worldwide markets.

On July twenty fifth, 2023, Dover reported second quarter outcomes. For the quarter, income decreased 2.8% to $2.1 billion, which was $100 million lower than anticipated. Adjusted earnings-per-share of $2.05 in contrast unfavorably to $2.14 within the prior 12 months and was $0.16 under estimates.

Click on right here to obtain our most up-to-date Positive Evaluation report on DOV (preview of web page 1 of three proven under):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Most secure Dividend Aristocrats #7: W.W. Grainger (GWW)

W.W. Grainger, headquartered in Lake Forest, IL, is without doubt one of the world’s largest business-to-business distributors of upkeep, restore, and operations (“MRO”) provides.

On July twenty seventh, 2023, W.W. Grainger reported its Q2 outcomes for the interval ending June thirtieth, 2023. Revenues got here in at $4.8 billion, up 9.0% on a reported foundation and up 10.1% on a every day, fixed foreign money foundation (adjusted) in comparison with final 12 months.

Outcomes have been pushed primarily by the Excessive-Contact Options phase reaching adjusted gross sales development of 9.9% attributable to each robust worth realization and continued quantity good points throughout all geographies.

Click here to download our most recent Sure Analysis report on GWW (preview of page 1 of 3 shown below):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Safest Dividend Aristocrats #6: Chubb Limited (CB)

Chubb Ltd is a global provider of insurance and reinsurance services headquartered in Zurich, Switzerland. The company provides insurance services including property & casualty insurance, accident & health insurance, life insurance, and reinsurance.

For its fiscal second quarter, Chubb Ltd reported net earned premium of $11.0 billion, up 15% year-over-year. Net written premiums were up 17% yearover-year on a company-wide basis at constant currency rates. Chubb generated net investment income of $1.15 billion during the quarter.

Chubb generated earnings-per-share of $4.92 during the second quarter, which was above what the analyst community had forecasted. Chubb’s solid profitability during the quarter can be explained by a reasonable combined ratio of 85%, despite some natural disasters that impacted Chubb’s catastrophe losses.

Click here to download our most recent Sure Analysis report on Chubb (preview of page 1 of 3 shown below):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Safest Dividend Aristocrats #5: Brown & Brown (BRO)

Brown & Brown Inc. is a leading insurance brokerage firm that provides risk management solutions to both individuals and businesses, with a focus on property & casualty insurance. Brown & Brown has a notably high level of insider ownership.

Brown & Brown posted second quarter earnings on July 24th, 2023, and results were ahead of expectations on both the top and bottom lines. Adjusted earnings-per-share totaled 68 cents, which was an impressive nine cents ahead of expectations.

Earnings were down from 84 cents in the first quarter, but up from 51 cents in last year’s Q2. Revenue was $1.04 billion, up 24% year-over-year, and $41 million better than estimates. That was off from $1.12 billion in Q1, but much higher than $840 million in last year’s Q2.

Click here to download our most recent Sure Analysis report on BRO (preview of page 1 of 3 shown below):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Safest Dividend Aristocrats #4: Roper Technologies (ROP)

Roper Technologies is a specialized industrial company that manufactures products such as medical and scientific imaging equipment, pumps, and material analysis equipment. Roper Technologies also develops software solutions for the healthcare, transportation, food, energy, and water industries. The company was founded in 1981, generates  around $5.4 billion in annual revenues, and is based in Sarasota, Florida.

On July 21st, 2023, Roper reported its Q2 results for the period ending June 30th, 2023. On a continuing operations basis, quarterly revenues and adjusted EPS were $1.53 billion and $4.12, indicating a year-over-year increase of 17% and 20%, respectively. The company’s momentum during the quarter remained strong, with organic growth coming in at 9%.

Organic growth was once again driven by broad-based strength across its portfolio of niche-leading businesses. Backed by Roper’s growth momentum, balance sheet strength, and a large pipeline of high-quality acquisition opportunities, management continues to believe Roper is well positioned for continued double-digit cash flow growth.

Click here to download our most recent Sure Analysis report on ROP (preview of page 1 of 3 shown below):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Safest Dividend Aristocrats #3: Nucor Corp. (NUE)

Nucor is the largest publicly traded US-based steel corporation. The steel industry is notoriously cyclical, which makes Nucor’s streak of 50 consecutive years of dividend increases even more remarkable.

On July 24th, Nucor reported its second quarter results. It reported consolidated net earnings of $1.46 billion, or $5.81 per diluted share, for Q2 2023, compared to $1.14 billion, or $4.45 per diluted share, in Q1 2023 and $2.56 billion, or $9.67 per diluted share, in Q2 2022.

In the first six months of 2023, they reported consolidated net earnings of $2.60 billion, or $10.26 per diluted share, compared to $4.66 billion, or $17.30 per diluted share, in the first six months of 2022.

Click here to download our most recent Sure Analysis report on NUE (preview of page 1 of 3 shown below):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Safest Dividend Aristocrats #2: West Pharmaceutical Services (WST)

West Pharmaceutical Services manufactures packaging and components involved in the distribution and application of pharmaceuticals. The company’s products include Zenith Crystal, a medical glass alternative, and SmartDose, an automatic medication delivery system.

West Pharmaceutical Services reported its second quarter earnings results on July 27. Revenues totaled $750 million, which represents a revenue decline of 2% compared to the prior year’s quarter. West Pharmaceutical Services’ revenues were in line with what the analyst community had expected, unlike during the previous quarter, when it beat estimates by $20 million.

Revenues were not meaningfully impacted by currency rate changes during the period, unlike during the last couple of quarters. West Pharmaceutical Services generated adjusted earnings-per-share of $2.11 during the second quarter, which represents a decline of 15% compared to the prior year’s quarter.

Click here to download our most recent Sure Analysis report on WST (preview of page 1 of 3 shown below):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Safest Dividend Aristocrats #1: Albemarle Corp. (ALB)

Albemarle is the largest producer of lithium and second largest producer of bromine in the world. The two products account for nearly two-thirds of annual sales. Albemarle produces lithium from its salt brine deposits in the U.S. and Chile. The company has two joint ventures in Australia that also produce lithium.

Related: 2023 Lithium Stocks List

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Source: Investor Presentation

Within the second quarter, income grew 60.1% to $2.37 billion, however missed estimates by $20 million. Adjusted earnings-per-share of $7.33 in contrast very favorably to $3.45 within the prior 12 months and was $2.81 above estimates.

For the quarter, income for Vitality Storage grew 119.7% to $1.76 billion, attributable to larger costs and a 36% enchancment in volumes from the corporate’s enlargement in Chile and a brand new processing plant in China.

Click on right here to obtain our most up-to-date Positive Evaluation report on Albemarle (preview of web page 1 of three proven under):

10 Most secure Dividend Aristocrats For 2023 - Positive Dividend Get hold of US Obtain US

Last Ideas

Buyers on the lookout for high quality dividend development shares ought to begin their search with the Dividend Aristocrats, a choose group of 67 shares within the S&P 500 Index with a minimum of 25 consecutive years of dividend development.

Earnings buyers also needs to take into account dividend security earlier than investing in dividend shares.

Luckily, buyers shouldn’t have to sacrifice high quality within the seek for yield. These 10 Dividend Aristocrats have market-beating dividend yields. However in addition they have high-quality enterprise fashions, sturdy aggressive benefits, and robust dividend payouts that may face up to recessions.

Don’t miss the assets under for extra Dividend Aristocrats investing analysis.

And see the assets under for extra compelling funding concepts for dividend development shares and/or high-yield funding securities.

Thanks for studying this text. Please ship any suggestions, corrections, or inquiries to [email protected].


#Most secure #Dividend #Aristocrats #Dividend

RELATED ARTICLES
Continue to the category

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments