Prime 10 Graham Quantity Dividend Kings Now

Revealed on March nineteenth, 2025 by Bob Ciura
Spreadsheet data updated on daily basis

Benjamin Graham is broadly considered to be the “founding father of price investing”.

In precise truth, numerous the best price merchants over time, harking back to Warren Buffett, used Graham’s teachings to spend cash on price shares.

Graham popularized the time interval intrinsic price, which refers to a stock’s underlying truthful price. On this method, merchants can resolve whether or not or not a stock is undervalued, fairly valued, or overvalued.

Certainly one of many core concepts of Graham’s funding philosophy is the Graham Amount.

Merchants can apply the Graham Amount to go looking out undervalued dividend improvement shares, such as a result of the Dividend Kings.

The Dividend Kings are the best-of-the-best in dividend longevity.

What’s a Dividend King? A stock with 50 or additional consecutive years of dividend will improve.

We’ve compiled a list that options every Dividend King.

You may even see the full downloadable spreadsheet of all 54 Dividend Kings (along with very important financial metrics harking back to dividend yields, payout ratios, and price-to-earnings ratios) by clicking on the hyperlink underneath:

The Dividend Kings itemizing consists of quite a lot of mega-cap shares which have large firms, harking back to Walmart Inc. (WMT) and Coca-Cola (KO).

The subsequent itemizing represents the ten Dividend Kings inside the Optimistic Analysis Evaluation Database with the underside Graham Amount.

Desk of Contents

Graham Amount Overview

The Graham Amount is fairly straightforward: merchants can merely quite a lot of the price-to-book ratio (P/B) by the price-to-earnings ratio (P/E).

Merchants want to consider shares with a Graham Amount underneath 22.5, and the lower, the upper.

To compile the show display screen, we took the P/E ratios inside the Optimistic Analysis Evaluation Database, along with P/B ratios taken from Ycharts.

We then ranked the itemizing of Dividend Kings by their corresponding Graham Amount. The ten most undervalued Dividend Kings, in accordance with the Graham Amount, are listed underneath.

Prime Graham Amount Dividend King: Stanley Black & Decker (SWK)

Stanley Black & Decker is a world chief in power devices, hand devices, and related devices. The company holds the very best world place in devices and storage product sales.

Stanley Black & Decker is second on the earth inside the areas of financial digital security and engineered fastening. The company consists of three segments: devices & exterior, and industrial.

Provide: Investor Presentation

On February fifth, 2025, Stanley Black & Decker launched fourth quarter and full-year outcomes. For the quarter, earnings of $3.75 billion was unchanged from the prior 12 months, nonetheless bought right here in $120 million above expectations.

Adjusted earnings-per-share of $1.49 in distinction favorably to $0.92 inside the prior 12 months and was $0.22 ahead of estimates. For the 12 months, earnings declined 3% to $15.4 billion whereas adjusted earnings-per-share of $4.36 compared with $1.45 in 2023.

Pure improvement was flat for the 12 months, nonetheless up 3% for the quarter. Pure product sales for Devices & Outdoor, a very powerful part contained in the agency, was better by 3% for the quarter.

Click on on proper right here to acquire our most modern Optimistic Analysis report on SWK (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: H.B. Fuller Companies (FUL)

H.B. Fuller is a primary world producer of adhesives, sealants, and totally different specialty chemical merchandise.

It has prospects all through better than 30 market segments in further than 140 worldwide places. The category of business adhesives is the core product offering.

In mid-January, H.B. Fuller reported (1/15/25) financial outcomes for the fourth quarter of fiscal 2024. Revenue grew 2% and pure earnings was primarily flat year-over-year, as worth reductions offset amount improvement.

Highlights for the full 12 months might be seen inside the image underneath:

Provide: Investor Presentation

It was the third quarter of earnings improvement after 5 consecutive quarters of declining product sales amid de-stocking actions of buyers and lackluster industrial demand.

However, gross margin shrank from 31.3% to 29.6% and earnings-per-share fell -30%, from $1.32 to $0.92, largely attributable to extreme raw supplies costs, and missed the analysts’ consensus by $0.01.

On account of slowing demand in some rising markets, H.B. Fuller supplied modest steering for fiscal 2025. It expects to develop pure earnings by 0%-2% and publish earnings-per-share of $3.90-$4.20.

Click on on proper right here to acquire our most modern Optimistic Analysis report on FUL (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: ABM Industries (ABM)

ABM Industries is a primary provider of facility choices, which includes janitorial, electrical & lighting, energy choices, companies engineering, HVAC & mechanical, panorama & turf, and parking.

The company employs about 124,000 people in further than 350 workplaces all by way of america and different worldwide locations, primarily in Canada.

Provide: Investor Presentation

ABM Industries reported its fourth quarter earnings outcomes on December 18. Revenues totaled $2.2 billion all through the quarter, which was up 4% year-over-year. EBITDA declined by 11% no matter better earnings know-how.

Earnings-per-share of $0.90 all through the fourth quarter beat the analyst consensus by $0.03. EPS declined by 11% on an adjusted basis, year-over-year.

Earnings-per-share are anticipated in a ramification of $3.60 to $3.80 on an adjusted basis. On the steering midpoint of $3.70 per share, that represents an increase of spherical 4% relative to 2024.

Click on on proper right here to acquire our most modern Optimistic Analysis report on ABM (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: Stepan Co. (SCL)

Stepan manufactures major and intermediate chemical compounds, along with surfactants, specialty merchandise, germicidal and materials softening quaternaries, phthalic anhydride, polyurethane polyols and explicit parts for the meals, complement, and pharmaceutical markets.

It’s organized into three distinct enterprise traces: surfactants, polymers, and specialty merchandise. These firms serve every kind of end markets, that signifies that Stepan won’t be beholden to solely a handful of industries.

Provide: Investor presentation

The surfactants enterprise is Stepan’s largest by earnings, accounting for ~68% of entire product sales within the latest quarter. A surfactant is an pure compound that includes every water-soluble and water-insoluble elements.

Stepan posted fourth quarter and full-year earnings on February nineteenth, 2025, and outcomes have been mixed as quickly as as soon as extra. Revenue was down 1.2% year-on-year to $526 million, nonetheless did beat estimates by almost $5 million. Adjusted earnings-per-share bought right here to 12 cents, which missed estimates by 21 cents.

Worldwide product sales amount was off 1% year-over-year as double-digit improvement in surfactants was offset after which some by demand weak level in polymers. Surfactants have been up 3% year-over-year in This autumn to $379 million. Polymer internet product sales fell 12% to $130 million.

The company managed to generate about $13 million in pre-tax worth monetary financial savings all through the quarter, and about $48 million for the full 12 months.

Click on on proper right here to acquire our most modern Optimistic Analysis report on SCL (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: Black Hills Corp. (BKH)

Black Hills Firm is {an electrical} utility that provides electrical power and pure gas to prospects in Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming.

The company has 1.35 million utility prospects in eight states. Its pure gas property embrace 49,200 miles of pure gas traces. Individually, it has ~9,200 miles {of electrical} traces and 1.4 gigawatts {of electrical} know-how functionality.

Provide: Investor Presentation

Black Hills Firm reported its fourth quarter earnings results in February. The company generated revenues of $597 million all through the quarter, which was up 1% year-over-year.

Earnings-per-share of $1.37 all through the fourth quarter was above the consensus analyst estimate. Earnings-per-share have been up by shut to twenty% versus the sooner 12 months’s quarter. This autumn and Q1 are seasonally stronger quarters attributable to better pure gas demand for heating, which was as soon as extra showcased by the above-average profitability all through the fourth quarter.

Black Hills Firm forecasts earnings-per-share of $4.00 to $4.20 for the current fiscal 12 months.

Click on on proper right here to acquire our most modern Optimistic Analysis report on BKH (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: Northwest Pure Holding (NWN)

Northwest was based mostly over 160 years up to now as a pure gas utility in Portland, Oregon.

It has grown from a very small, native utility that supplied gas service to a handful of buyers to a very worthwhile regional utility with pursuits that now embrace water and wastewater, which have been purchased in newest acquisitions.

Provide: Investor Presentation

Northwest provides gas service to 2.5 million prospects in ~140 communities in Oregon and Washington, serving better than 795,000 connections. It moreover owns and operates ~35 billion cubic ft of underground gas storage functionality.

On February 28, 2025, Northwest Pure Holding Agency (NWN) reported its financial outcomes for the fourth quarter of 2024. The company achieved an adjusted internet earnings of $90.6 million for the full 12 months, or $2.33 per share, barely down from $93.9 million, or $2.59 per share, in 2023.

This decrease was primarily attributable to regulatory lag affecting the first ten months of 2024 until new Oregon gas utility costs grew to change into environment friendly on November 1. The utility margin elevated by $26.3 million, primarily attributable to those new costs.

Click on on proper right here to acquire our most modern Optimistic Analysis report on NWN (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: United Bankshares (UBSI)

United Bankshares was usual in 1982 and since that time, has acquired better than 30 separate banking institutions.

This consider acquisitions, together with pure improvement, has allowed United to broaden inside the Mid-Atlantic with about $30 billion in entire property, and annual earnings of about $1 billion.

United posted fourth quarter and full-year earnings on January twenty fourth, 2025, and outcomes have been larger than anticipated on the underside line, nonetheless missed earnings estimates.

Earnings bought right here to 69 cents per share, which was 33 cents ahead of estimates. Revenue was off barely to $262 million, missing estimates by $12 million.

Provisions for credit score rating losses bought right here to $6.7 million, a slight enchancment year-over-year. Net curiosity earnings bought right here to $232 million, up 1% from Q3. The improve bought right here primarily from a lower frequent payment paid on deposits.

This was partially offset by a lower yield on frequent internet loans and leases held available on the market. Frequent incomes property rose $556 million, or 2%, from Q3. Most of this was attributable to an increase briefly time interval investments of $420 million.

The yield on frequent internet loans and leases was down 18 basis components from Q3. Net curiosity margin for the fourth quarter was down three basis components from Q3 at 3.49%.

Click on on proper right here to acquire our most modern Optimistic Analysis report on UBSI (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: Frequent Corp. (UVV)

Frequent Firm is a market chief in supplying leaf tobacco and totally different plant-based inputs to consumer product producers.

The Tobacco Operations part buys and sells tobacco used to make cigarettes, cigars, pipe tobacco, and smokeless merchandise.

Frequent buys tobacco from its suppliers, processes it, and sells it to large tobacco firms inside the US and internationally.

Provide: Investor Presentation

The Ingredient Operations deal primarily with greens and fruits nonetheless is significantly smaller than the tobacco operations.

Frequent Firm reported its third quarter earnings results in February. The company generated revenues of $937 million all through the quarter, which was better than the revenues that Frequent Firm generated all through the sooner interval.

Revenues have been positively impacted by product mix changes, whereas larger and better-yielding crops moreover had a constructive have an effect on on the company’s top-line. Frequent Firm’s revenues moreover rose on a year-over-year basis, displaying a 14% improve.

Click on on proper right here to acquire our most modern Optimistic Analysis report on Frequent (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: Farmers & Retailers Bancorp (FMCB)

Farmers & Retailers Bancorp is a domestically owned and operated neighborhood monetary establishment with 32 locations in California. On account of its small market cap and its low liquidity, it passes beneath the radar of most merchants.

F&M Monetary establishment has paid uninterrupted dividends for 88 consecutive years and has raised its dividend for 59 consecutive years.

In late January, F&M Monetary establishment reported (1/23/25) financial outcomes for the fourth quarter of fiscal 2024. The monetary establishment grew its earnings-per-share 9% over the prior 12 months’s quarter, from $28.55 to a model new all-time extreme of $31.11. Loans and deposits grew 1% each.

Net curiosity earnings dipped -3% attributable to a contraction of internet curiosity margin from 4.30% to 4.05% amid better deposit costs. Administration stays optimistic for the foreseeable future, as a result of the monetary establishment enjoys one among many widest internet curiosity margins in its sector.

We reiterate that F&M Monetary establishment is probably going one of the vital resilient banks all through downturns, such as a result of the pandemic, a attainable recession or the financial turmoil attributable to the collapse of Silicon Valley Monetary establishment, Credit score rating Suisse and First Republic.

Click on on proper right here to acquire our most modern Optimistic Analysis report on FMCB (preview of internet web page 1 of three confirmed underneath):

Prime Graham Amount Dividend King: Archer Daniels Midland (ADM)

Archer-Daniels-Midland is a very powerful publicly traded farmland product agency in america. Its firms embrace processing cereal grains, oilseeds, and agricultural storage and transportation.

Archer-Daniels-Midland reported its third-quarter outcomes for Fiscal 12 months (FY) 2024 on November 18th, 2024.

The company reported adjusted internet earnings of $530 million and adjusted EPS of $1.09, every down from the prior 12 months attributable to a $461 million non-cash value related to its Wilmar equity funding.

Consolidated cash flows year-to-date reached $2.34 billion, reflecting sturdy operations no matter market challenges.

Click on on proper right here to acquire our most modern Optimistic Analysis report on ADM (preview of internet web page 1 of three confirmed underneath):

Additional Finding out

Screening to go looking out the easiest Dividend Kings won’t be the one methodology to find high-quality dividend improvement stock ideas.

Optimistic Dividend maintains comparable databases on the following useful universes of shares: