4 Dividend Stocks To Watch – (LOW, LANC, KO, JNJ)
If a company has a strong track record for increasing dividend payments, it reassures investors and makes companies proud. Dividend payments are key for investors as they raise the overall returns of the stock. In the past, dividend stocks have controlled as low as 40 percent of the S&P 500’s total returns.
When evaluating dividend stock, one of the major factors is a history of steadily increasing dividend payouts. We have provided a list of dividend stocks that have been raising their annual dividends every year for the past 49 years.
Lowe’s Companies, Inc (NYSE:LOW) is a home improvement retailer. Lowe’s Companies, Inc pays a dividend of $0.64 annually. The stock has an annual dividend yield of 2.24% and has a dividend payout ratio of 36.61%. Shares of LOW have been trading in the range of $18.07 – $32.29 in the last 52 weeks.
Lancaster Colony Corp (NASDAQ:LANC) pays a dividend of $1.44 annually. The stock has an annual dividend yield of 2.09% and maintains a dividend payout ratio of 38.05%. Shares of LANC have been trading between $53.60 – $72.04 in the last 52 weeks. LANC is a diversified manufacturer and marketer of consumer products focusing primarily on specialty foods for the retail and foodservice markets.
The Coca-Cola Company (NYSE:KO) is a beverage company. The Coca-Cola Company pays a dividend of $2.04 annually. The stock has an annual dividend yield of 2.70% and has a dividend payout ratio of 49.96%. Shares of KO have been floating in the range of $63.34 – 77.82 in the past 52 weeks.
Johnson & Johnson (NYSE:JNJ) pays a dividend of $2.44 annually. The stock has an annual dividend yield of 3.64% and a dividend payout ratio of 61.72%. Shares of JNJ have been trading in the $59.08 – 68.05 range in the last 52 weeks. JNJ is a holding company.
Disclosure: Opinions expressed in this article are those of the authors alone who have no stake in any stocks mentioned, and do not plan to acquire any stake within the next 72 hours.