Many oil majors out there with a
good dividend track record and one of them is Exxon who have paid dividends for more than 100 years and have increased their annual dividend for 31 consecutive years.
When combined with the industry's lowest payout ratio and one of the strongest balance sheets (ensuring plentiful access to low cost debt growth capital), STORE's dividend appears to be on very solid ground, even despite its rather
limited dividend track record.
Characteristics of the best stocks with dividends typically include
long dividend track record, along with market dominance Stock prices rise and fall.
That's why, before every purchase, I not only check the current dividend yield but also have a look at the dividend growth rate and
dividend track record as well as the payout ratio.
IBM's
dividend track record is also worth mentioning.
With
their dividend track record and apparent commitment to shareholders I view their dividend as sustainable.
Parker - Hannifin (PH) is in very exclusive company when it comes to
its dividend track record.
And despite its recent problems, Wealthy Retirement's Marc Lichtenfeld thinks it will likely do whatever it takes to keep
its dividend track record intact.
Nice work picking up VFC, have been watching them for quite some time and can't deny the brand strengths, loyalties oh... and
their dividend track record.
Stepan Co. (SCL) has
a dividend track record that few companies can rival.
Lancaster Colony (LANC) has
a dividend track record that few companies can rival.
Nordson Corporation (NDSN) has
a dividend track record that few companies can rival.
By analyzing cash flow, payout ratios,
dividend track records, and other variables, Safety Net Pro assigns each stock an A-F rating on the safety of its dividend.
While a company's
dividend track record can be instructive, it is not the only way to forecast payout growth.