#10: Procter & Gamble (PG)
Procter & Gamble (PG), the age-old household name that produces a plethora of consumer goods, has increased its dividend payouts every year for 57 years. The stock is up more than 20% so far in 2013, which is better than several other stocks that rank higher on our list.
Whereas a run-up in price in another stock may cause its yield to fall more dramatically, PG has increased its dividend to complement the higher share price. Its current 2.9% yield is only slightly lower than the 3.2% yield it carried at the beginning of January, thanks to a bump in its payout from 56 cents to 60 cents per share.
It is concerning, however, that PG trades at a price-to-earnings multiple (P/E) slightly greater than 20, while forecasting annual organic sales growth of just 3% to 4%.