Revealed on January tenth, 2025 by Bob Ciura
Revenue traders are all the time on the hunt for high-quality dividend shares.
There are lots of methods to measure high-quality shares. A method for traders to seek out nice dividend shares is to give attention to these with the longest histories of elevating dividends.
With this in thoughts, we created a downloadable record of over 130 Dividend Champions, which have elevated their dividends for over 25 consecutive years.
You’ll be able to obtain your free copy of the Dividend Champions record, together with related monetary metrics like price-to-earnings ratios, dividend yields, and payout ratios, by clicking on the hyperlink beneath:
The Dividend Champions record contains a number of mega-cap shares which have monumental companies, similar to Johnson & Johnson (JNJ) and Coca-Cola (KO).
However there are additionally smaller, less-followed firms which have generated robust shareholder returns, and have elevated their dividends for over 25 years.
The next record is comprised of 10 Dividend Champions you’ve by no means heard of, ranked by 5-year anticipated annual returns, from lowest to highest.
Desk of Contents
You’ll be able to immediately soar to any particular part of the article by clicking on the hyperlinks beneath:
Dividend Champion You’ve By no means Heard Of: Group Belief Bancorp Inc. (CTBI)
- 5-year anticipated returns: 8.0%
Group Belief Bancorp is a regional financial institution with 84 department areas in 35 counties in Kentucky, Tennessee and West
Virginia. It’s the second-largest financial institution holding firm in Kentucky. Group Belief Bancorp operates with a $5.2 billion stability sheet.
CTBI has raised its dividend for 44 consecutive years.
In mid-October, Group Belief Bancorp reported (10/16/24) monetary outcomes for the third quarter of fiscal 2024. Its internet curiosity earnings grew 9% over the prior 12 months’s quarter, as internet curiosity margin improved from 3.27% to three.39% and loans grew 9%.
Provisions for mortgage losses elevated from $1.8 million to $2.7 million. Non-interest earnings edged up 0.4% due to elevated deposit charges. Total, earnings-per-share grew 7%, from $1.15 to $1.23, and exceeded the analyst’s consensus by $0.08.
Group Belief Bancorp is a conservatively managed financial institution, which has proved resilient to every kind of downturns. The financial institution has grown its deposits 4% within the final 12 months.
It has additionally proved resilient to the downturn attributable to the impression of practically 23-year excessive rates of interest on the web curiosity margin of most banks by way of excessive deposit prices.
Click on right here to obtain our most up-to-date Positive Evaluation report on CTBI (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: Matthews Worldwide (MATW)
- 5-year anticipated returns: 8.1%
Matthews Worldwide Company gives model options, memorialization merchandise and industrial applied sciences on a worldwide scale. The corporate’s three enterprise segments are diversified.
The SGK Model Options gives model improvement companies, printing gear, artistic design companies, and embossing instruments to the consumer-packaged items and packaging industries.
The Memorialization phase sells memorialization merchandise, caskets, and cremation gear to funeral dwelling industries. That is the corporate’s greatest phase by income.
Supply: Investor Presentation
The Industrial applied sciences phase is smaller than the opposite two companies and designs, manufactures and distributes marking, coding and industrial automation applied sciences and options.
Matthews Worldwide reported fourth quarter and FY 2024 outcomes on November twenty first, 2024. The corporate reported gross sales of $447 million, a 7% decline in comparison with the identical prior 12 months interval. The lower was the results of a 19% gross sales decline in its Industrial Applied sciences phase.
Adjusted earnings have been $0.55 per share, a 41% lower from $0.96 a 12 months in the past. The corporate’s internet debt leverage ratio rose from 3.3 one 12 months in the past to three.6. For FY 2024, Matthews’ adjusted EPS fell 25% from $2.88 to $2.17.
Click on right here to obtain our most up-to-date Positive Evaluation report on MATW (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: John Wiley & Sons (WLY)
- 5-year anticipated returns: 9.5%
John Wiley & Sons is a publishing and analysis firm whose operations are break up into three segments: Analysis, Publishing, and Options.
The corporate affords scientific, technical, medical and scholarly analysis journals, reference books, databases, medical determination assist instruments, laboratory manuals, scientific and schooling books, and check preparation companies.
Its companies additionally embrace studying, improvement and evaluation companies for companies and professionals and on-line program administration companies for increased schooling establishments.
John Wiley & Sons reported its second quarter (fiscal 2025) earnings ends in December. The corporate introduced that its revenues totaled $427 million in the course of the quarter, which represents a decline of 13% versus the prior 12 months’s quarter, which was a extra pronounced decline in comparison with the earlier quarter.
Earnings-per-share got here in at $0.97 for the quarter, which beat the consensus estimate, as analysts had predicted a smaller revenue for the quarter. Earnings-per-share have been up by a robust 36% in comparison with the earlier 12 months’s interval.
John Wiley generated earnings-per-share of $2.78 throughout fiscal 2024, and it’s anticipated that fiscal 2025 might be considerably stronger.
For the present 12 months, administration forecasts earnings-per-share of $3.25 to $3.60, which might symbolize progress deep within the double digits in comparison with 2024.
Click on right here to obtain our most up-to-date Positive Evaluation report on WLY (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: Brady Corp. (BRC)
- 5-year anticipated returns: 10.3%
Brady Company was based in 1914, generates annual income of greater than $1.3 billion. It manufactures and markets specialty supplies. Its merchandise embrace absorbents, labels, pipes and valves, indicators, tags, tapes, and printers.
Supply: Investor Presentation
On September fifth, 2024, Brady Company elevated its quarterly dividend 2.1% to $0.24, extending the corporate’s dividend progress streak to 39 consecutive years.
On November 18th, 2024, Brady Company reported outcomes for the primary quarter of fiscal 12 months 2025 for the interval ending October thirty first, 2024. For the quarter, income grew 13.6% to $377.1 million, which beat estimates by $11.2 million.
Adjusted earnings-per share of $1.12 in contrast favorably to $1.00 within the prior 12 months and was $0.02 forward of expectations.
Natural income grew 3.6% for the quarter with the Americas & Asia bettering 5.1% and Europe & Australia inching increased by 0.7%.
Acquisitions significantly aided outcomes whereas forex trade and divestitures have been slight headwind in the course of the interval. Gross revenue margin contracted 140 foundation factors to 50.3% for the interval.
Click on right here to obtain our most up-to-date Positive Evaluation report on BRC (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: Westamerica Bancorporation (WABC)
- 5-year anticipated returns: 10.3%
Westamerica Bancorporation is the holding firm for Westamerica Financial institution. Westamerica Bancorporation is a regional neighborhood financial institution with 79 branches in Northern and Central California. The corporate can hint its origins again to 1884.
Westamerica Bancorporation affords purchasers entry to financial savings, checking and cash market accounts. The corporate’s mortgage portfolio consists of each industrial and residential actual property loans, in addition to development loans.
Westamerica Bancorporation is the seventh largest financial institution headquartered in California. It has annual revenues of about $325 million.
On October seventeenth, 2024 Westamerica Bancorporation reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income decreased 10.8% to $74.4 million, however this was $3.6 million greater than anticipated. GAAP earnings-per-share of $1.31 in contrast unfavorably to $1.33 within the prior 12 months, however this was $0.07 above estimates.
Complete loans fell 8% to $831.4 million million as industrial loans have been decrease by 10.1% and shopper loans fell 22.1%. Industrial actual property loans, which make up greater than half of the full mortgage portfolio, have been unchanged. As of the tip of the quarter, nonperforming loans decreased 25.8% to $919,000 year-over-year.
As with the second quarter, this era had no provisions for credit score losses, in comparison with $400,000 within the third quarter of 2024.
Click on right here to obtain our most up-to-date Positive Evaluation report on WABC (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: New Jersey Assets (NJR)
- 5-year anticipated returns: 11.7%
New Jersey Assets gives pure fuel and clear vitality companies, transportation, distribution, asset administration and residential companies by its 5 foremost subsidiaries. The corporate owns each regulated and non-regulated operations.
NJR’s principal subsidiary, New Jersey Pure Fuel (NJNG), owns and operates pure fuel transportation and distribution infrastructure serving over half one million prospects. NJR Clear Vitality Ventures (CEV) invests in and operates photo voltaic tasks, to offer prospects with low-carbon options.
NRJ Vitality Companies manages a portfolio of pure fuel transportation and storage belongings, in addition to gives bodily pure fuel companies to prospects in North America. The midstream subsidiary owns and invests in a number of giant midstream fuel tasks.
Lastly, the house companies enterprise gives heating, central air con, water heaters, standby turbines, and photo voltaic merchandise to residential properties.
Supply: Investor Presentation
New Jersey Assets was based in 1952 and has paid a quarterly dividend since. The corporate has elevated its annual dividend for 28 consecutive years.
New Jersey Assets reported fourth quarter 2024 outcomes on November twenty fifth, 2024, for the interval ending September thirtieth, 2024. Fourth quarter internet earnings of $91.1 million in contrast favorably to the prior 12 months quarter’s $37.0 million.
Consolidated internet monetary earnings (NFE) amounted to $88.7 million, in comparison with internet monetary earnings (NFE) of $29.6 million in This fall 2023 and NFE per share of $0.89 in comparison with $0.30 per share one 12 months in the past.
Click on right here to obtain our most up-to-date Positive Evaluation report on NJR (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: Donaldson Co. (DCI)
- 5-year anticipated returns: 11.8%
Donaldson has been creating filtration options for a wide selection of functions since 1915. Its gross sales encompass filters in varied engine and industrial functions as core classes. The corporate is predicted to supply about $3.7 billion in income this 12 months.
Donaldson posted first quarter earnings on December third, 2024, and outcomes have been higher than anticipated. Adjusted earnings-per-share got here to 83 cents, which was a penny forward of estimates.
Income was up 6.4% year-over-year to $900 million, beating estimates by virtually $8 million.
Supply: Investor Presentation
Gross margin was 35.5% of income, off 10 foundation factors year-over-year as a result of increased prices, notably for actual property and distribution. Working bills have been 20.7% of income, down 10 foundation factors from the prior 12 months.
Adjusted working earnings was 14.0% of income, a rise of 20 foundation factors from the prior 12 months. The corporate reaffirmed its steerage for a spread of adjusted earnings-per-share being $3.56 to $3.72.
Click on right here to obtain our most up-to-date Positive Evaluation report on DCI (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: Andersons Inc. (ANDE)
- 5-year anticipated returns: 12.9%
The Andersons is an agriculture firm that conducts enterprise in North America. It operates by the next segments: Commerce, Renewables, and Nutrient & Industrial (previously Plant Nutrient).
The Commerce phase contains commodity merchandising and the operation of terminal grain elevator amenities. The Commerce phase contributed over 70% of the corporate’s income in 2023. The Renewables phase produces, purchases, and sells ethanol and co merchandise.
The Nutrient & Industrial phase manufactures, and distributes agricultural inputs, main vitamins, and specialty fertilizers, to sellers and farmers, together with turf care and corncob-based merchandise.
Supply: Investor Presentation
On November 4th, 2024, The Andersons launched its third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, the corporate reported income of $2.62 billion, a lower from the $3.64 billion reported in the identical quarter of the earlier 12 months.
The income decline continued to mirror weaker commodity costs and general market sluggishness, which impacted the corporate’s buying and selling and merchandising actions.
Web earnings for the quarter was $27 million, or $0.80 per diluted share, up from $10 million, or $0.28 per diluted share, within the earlier 12 months’s third quarter.
Click on right here to obtain our most up-to-date Positive Evaluation report on ANDE (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: Financial institution OZK (OZK)
- 5-year anticipated returns: 14.3%
Financial institution OZK, beforehand Financial institution of the Ozarks, is a regional financial institution that gives companies similar to checking, enterprise banking, industrial loans and mortgages to its prospects in Arkansas, Florida, North Carolina, Texas, Alabama, South Carolina, New York and California.
Supply: Investor Presentation
On October 1st, 2024, Financial institution OZK introduced a $0.41 quarterly dividend, representing a 2.5% increase during the last quarter’s cost and a ten.8% increase year-over-year. This marks the corporate’s 57th consecutive quarter of elevating its dividend.
In mid-October, Financial institution OZK reported (10/17/24) outcomes for the third quarter of 2024. Complete loans and deposits grew 15% and 20%, respectively, over final 12 months’s quarter.
Web curiosity earnings grew 6% over the prior 12 months’s quarter, regardless of increased deposit prices. Earnings-per-share grew 4%, from $1.49 to a brand new all-time excessive of $1.55, and exceeded the analysts’ consensus by $0.01.
Financial institution OZK has exceeded the analysts’ consensus in 16 of the final 18 quarters. Financial institution OZK has posted report earnings-per-share and report internet curiosity earnings for 8 and 9 consecutive quarters, respectively.
Click on right here to obtain our most up-to-date Positive Evaluation report on OZK (preview of web page 1 of three proven beneath):
Dividend Champion You’ve By no means Heard Of: Polaris Inc. (PII)
- 5-year anticipated returns: 14.6%
Polaris designs, engineers, and manufactures snowmobiles, all-terrain automobiles (ATVs) and bikes. As well as, associated equipment and alternative components are bought with these automobiles by sellers positioned all through the U.S.
The corporate operates underneath 30+ manufacturers together with Polaris, Ranger, RZR, Sportsman, Indian Motorbike, Slingshot and Transamerican Auto Components. The worldwide powersports maker, serving over 100 international locations, generated $8.9 billion in gross sales in 2023.
On February 1st, 2024, Polaris raised its quarterly dividend 1.5% to $0.66.
On October twenty second, 2024, Polaris reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income decreased 23.6% to $1.72 billion, which missed estimates by $50 million.
Supply: Investor Presentation
Adjusted earnings-per-share of $0.73 in contrast very unfavorably to $2.72 within the prior 12 months and was $0.18 lower than anticipated.
For the quarter, Marine gross sales have been down 36%, On-Highway fell 13%, and Off-Highway, the most important element of the corporate, declined 24%. Decreases in all three companies have been largely as a result of decrease volumes.
Off-Highway was negatively impacted by increased promotional spend and product combine. On-Highway and Marine each suffered from weaker product combine. Gross margin contracted 204 foundation factors to twenty.6%.
Click on right here to obtain our most up-to-date Positive Evaluation report on PII (preview of web page 1 of three proven beneath):
Further Studying
The Dividend Champions record is just not the one approach to rapidly display screen for shares that usually pay rising dividends.
- The Dividend Kings Checklist is much more unique than the Dividend Aristocrats. It’s comprised of 54 shares with 50+ years of consecutive dividend will increase.
- The Excessive Dividend Shares Checklist: shares that enchantment to traders within the highest yields of 5% or extra.
- The Month-to-month Dividend Shares Checklist: shares that pay dividends each month, for 12 dividend funds per 12 months.
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