Dividend investing has always been a very popular way for shareholders to see a strong return on their investments. And high-yield dividend stocks that consistently pay stipends to investors are very attractive in choppy markets.
While many companies today offer their shareholders lucrative dividends, these dividend aristocrats have been doing it for decades.
The following companies all boast a dividend yield of at least 2.4% with several of them returning over 5% of their stock’s price to investors. And best of all, these high yield dividend stocks have delivered these payouts for many years – some of them for more than a century.
Here are the 10 top dividend aristocrats on Wall Street right now.
Bemis Co Inc. (NYSE: BMS) - Bemis Co Inc. manufactures flexible packaging products and pressure sensitive materials to customer worldwide. Focusing primarily on the food industry, Bemis has offered a dividend for 88 years. The current annual dividend for the company’s shareholders is $0.92 or 3.1%.
3M Co. (NYSE: MMM) - 3M and its subsidiaries operate as diversified global technology companies. 3M currently boasts a $2.12 yearly dividend or 2.4% yield. This technology company has been offering its shareholders a dividend for 94 straight years.
Chubb Corp. (NYSE: CB) - Chubb Corp. is a holding company for several casualty insurance companies, including commercial insurance, personal insurance and specialty insurance. Founded in 1882, Chubb has been paying a dividend for 108 years. It currently pays a dividend of $1.48 annually or 2.7%.
PPG Industries Inc (NYSE: PPG) - PPG Industries is a diversified producer of coatings, chemicals and glass products. Having paid a dividend for 111 consecutive years, the company’s shareholders currently enjoy a 3.2% yield on a $2.20 dividend.
Coca-Cola Co. (NYSE: KO) - This nonalcoholic beverage manufacturer and distributer has been paying a dividend for the past 117 years. Coca-Cola currently boasts a $1.76 dividend, good for a 3.1% yield.
Proctor & Gamble (NYSE: PG) - Proctor & Gamble sells consumer packaged goods in the following industries: beauty; health and well being, and household care. PG currently offers shareholders a $1.92 dividend for a 3.2% yield, and has been paying a dividend for 119 years.
Consolidated Edison Inc (NYSE: ED) - Consolidated Edison has been in the business of delivering regulated electric, gas and steam since 1823. ED has paid a dividend on its shares for 125 consecutive years, and has a current dividend of $2.40 or 5.0%
Lilly, Eli & Co (NYSE: LLY) - Lilly, Eli & Co is a leading producer of prescription drugs for diabetes, cancer and neurological disorders, among others. Having paid shareholders a dividend for 125 years, LLY’s current dividend is $1.96 or 5.3%.
Exxon Mobil Corp (NYSE: XOM) - This oil company is a product of the 1999 merger between Exxon and Mobil and is currently worth nearly $279 billion. XOM has paid a dividend for 128 years. ExxonMobil’s current dividend yield is 2.8% or $1.76 annually.
Stanley Black & Decker (SWK) - Stanley Black & Decker primarily manufactures hand and power tools and owns the following companies: Stanley, Black & Decker, Bostitch, DeWalt and Mac Tools. SWK has paid a dividend for 133 consecutive years and is currently paying a yearly dividend of $1.36. That is good for a 2.3% dividend yield.
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