Buy 7 September Dividend Kings, Watch 9 More

Dividend Kings Overview - The article focuses on 53 Dividend Kings, which are companies with a long history of increasing dividends annually [1][4] - Two companies, Leggett and Platt (LEG) and 3M Co (MMM), were removed from the list due to failing to increase dividends in the past year [1] - The Dividend Kings are characterized by reliable, repeating dividends and higher yields compared to peers, earning them the "dog" moniker [4] Top Dividend Kings by Yield and Price - Six of the top 10 Dividend Kings by yield offer annual dividends (from a $1K investment) exceeding their single share prices [2] - Seven companies, including Altria Group Inc (MO), Universal Corp (UVV), and Canadian Utilities Ltd (CDUAF), are fairly priced with their annual yield meeting or exceeding their single-share prices [2] - Nine additional companies, such as Fortis Inc (FTS) and Coca-Cola (KO), are worth watching but are currently overpriced [2][9] Analyst Predictions and Projections - Analysts predict net gains ranging from 9.36$10K investment spread across the top 10 stocks [3] Sector Representation and Performance - The top 10 Dividend Kings by yield represent four of the 11 Morningstar sectors, with consumer staples and utilities being the most prominent [5][6] - Altria Group Inc (MO) and Universal Corp (UVV) lead the consumer staples sector, while Canadian Utilities Ltd (CDUAF) and Northwest Natural Holding Co (NWN) represent utilities [6] - The financial services and real estate sectors are also represented by United Bankshares Inc (UBSI) and Federal Realty Investment Trust (FRT), respectively [6] Low-Priced vs High-Priced Dividend Kings - The five lowest-priced Dividend Kings, including Kenvue (KVUE) and Hormel Foods (HRL), are projected to deliver 8.15% net gains, slightly less than the 8.60% expected from all 10 top-yield stocks [7] - Altria Group Inc (MO) is projected to deliver the best net gain of 25.63% among the low-priced Dividend Kings [7] - Higher-priced Dividend Kings, such as Fortis Inc (FTS) and Altria Group Inc (MO), have prices ranging from $44.51 to$116.60 [7] Historical Context and Market Sentiment - The article references the 2020 Ides of March dip, suggesting that the current market adjustment may present an opportunity to invest in top-yield Dividend Kings [2][9] - Analyst target price estimates are used as a "market sentiment" gauge, providing a measure of upside potential for these stocks [6][8] Dividend Kings by Years of Dividend Increases - The list includes companies like American States Water (AWR) and Dover Corporation (DOV), which have increased dividends for 68 years [11] - Other notable companies include Procter & Gamble (PG) and Coca-Cola (KO), with 67 and 62 years of dividend increases, respectively [11] - The list spans multiple sectors, including utilities, industrials, consumer goods, and healthcare, showcasing the diversity of Dividend Kings [11]