It’s been almost 3 months since my last ‘Article of Interest’ post. So now seems like a good time to introduce another article. This is now the 8th post in this series.
To recap the intent of this series… every now and then, when perusing investing or personal finance articles across the Internet, I come across what I call an ‘Article of Interest’, or ‘A of I’ for short.
I decided it might be helpful to share a link to the article in case some of my visitors would find it of interest as well.
In most cases, the article will focus on dividend-paying stocks or dividend growth investing (DGI). However, other finance-related topics might be highlighted, too.
Now that we are up-to-speed, let’s see what this A of I is about…
Link Overview
Today’s link takes you to an article from Kiplinger’s that provides a list of Dividend Aristocrats, not from just the U.S., but Aristocrats from around the world (U.S., Canada & Europe).
Investing in quality companies that pay dividends is always something we strive for. However, given today’s investing environment, it appears this has become more difficult to do. Therefore, when looking for new investment ideas, it seems logical to focus on stocks with long histories of dividend payments and dividend safety. This list can be a good starting point.
Ninety-one Aristocrats are part of this list. In this article, the stocks dubbed Dividend Aristocrats have different lengths of consecutive annual dividend increases. They are:
- 25 years (U.S. companies)
- 10 years (E.U.-based companies)
- 5 years (Canadian companies)
The breakdown of country representation of these Aristocrats is as follows:
- United States – 58
- Canada – 14
- United Kingdom – 8
- Denmark – 3
- Switzerland – 3
- Germany – 1
- Netherlands – 1
- France – 1
- Belgium – 1
- Spain – 1
The yields for these Aristocrats range from a low of 0.5% to a high of 9.0%.
Each stock comes with a brief overview, as well as showing the following info:
- Market Value
- Dividend Yield
- Country
- Number of Consecutive Annual Dividend Increases
The stocks are listed in order of increasing dividend yield.
https://www.kiplinger.com/investing/stocks/601043/91-top-dividend-stocks-from-around-the-world
Looking over the list, a couple of companies caught my eye for being listed in the U.S. First, was Linde (LIN). The current Linde was the result of a merger between Linde AG of Germany and Praxair of the U.S. In addition, the company is domiciled in Ireland. Along the same lines, the second company listing that I noted was for Medtronic (MDT) being listed as a U.S. company. While it’s true that the majority of sales and profits come from the U.S. healthcare system, the company is headquartered in Ireland for tax purposes.
Going down the list, I tallied 15 companies that exist in my Portfolio (HRL, APD, ADP, ITW, PG, JNJ, TROW, PEP, GD, AFL, VFC, SYY, MMM, ABBV & O). That’s 30% of my Portfolio being represented in the list. All of my representation is with U.S.-based companies.
How many of the listed companies are in your portfolio? Did you have more global representation than me?
I hope you find the article useful and/or enjoyable. As always, please share your thoughts once you’ve had a chance to read the material.
See you next time…