Dividend Kings are great companies that have increased their annual dividend payouts for 50 or more consecutive years! This achievement is remarkable because these companies have delivered ever-increasing dividends to investors through economic recessions, market crashes, technological revolutions, and changes in consumer tastes!
In this article, I rank the Dividend Kings using quality scores obtained from a variation of DVK Quality Snapshots in which I replaced one quality indicator and added another. With a total of six quality indicators, each scored out of 5 points, the version of Quality Snapshots I'm using in this article has a maximum quality score of 30 points.
Based on their quality scores, I rate stocks as Exceptional (29-30), Excellent (26-28), Fine (21-25), Decent (16-20), Poor (11-15), and Inferior (0-10). Investment Grade ratings have quality scores in the range of 16-30, while Speculative Grade ratings have quality scores below 16 points.
This article updates one I wrote in April 2022.
However, as with last year's article, I decided to be inclusive and use multiple membership sources. I combined six membership lists and found 43 different stocks considered Dividend Kings.
After introducing the new Quality Snapshots scoring system, I present the Dividend Kings in rank order and several screens to identify Dividend Kings with favorable valuations and compelling metrics.
Please read this article at Seeking Alpha and download a spreadsheet with fundamental and added value metrics for the Dividend Kings.
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