Marshall Hargrave: Finding great stocks isn’t always about investing in the next Facebook Inc (NASDAQ:FB). Rather, some of the best stocks are dividend stocks investors can own forever. There are a number of studies that show dividend paying stocks outperform companies not paying dividends.
The big part of forever dividend stocks is that they have paid dividends for a very long-time. And the track record of dividend increases on all of these stocks are more than impressive. They’ve consistently increased their payments to shareholders for many years.
Top 10 Dividend Stocks Investors Can Own Forever
1. Procter & Gamble (NYSE:PG)
P&G pays a solid 3.2% dividend yield and has increased its dividend for every year for the last 57 years. That’s the longest number of yearly increases on our list of 10 stocks. P&G has a vast portfolio of consumer products and a very broad geographical reach. It sells its products in over 180 countries.
25 of its brands bring in a billion dollars or more a year. A few notable brands include Head & Shoulders, Gillette, Crest, Oral-B, Duracell, Gain and Tide. The company is also increasing its entry of these brands into developing market. In 2011, developing markets generated 35% of revenues, but in 2013 that number was up to 39%.
2. AT&T (NYSE:T)
AT&T pays the highest dividend yield on our list, coming in at 5.3%. Its streak of annual dividend increases spans 29 years. It’s one of the U.S.’s largest mobile operators. The number of smartphones being sold across the world are on the rise, which is a big positive for AT&T.
AT&T has a churn rate that’s below 1.1%. It also made a leap into the prepaid market by buying up Leap Wireless. AT&T remains a leader in a fast growing market, where the IDC sees worldwide smartphone shipments growing at an annualized rate of 18.4% through 2016.
3. Altria Group (NYSE:MO)
Altria Group has one of the best dividends on the list. Its dividend yield is the second highest on our list at 4.9%. And its streak of 44 years of annual dividend increases is the second longest, behind only P&G.
Altria Group is the U.S.’s largest tobacco company. Its Marlboro brand is the largest selling brand in the U.S. It’s also looking to get more active in the higher margin smokeless tobacco space. It’s doing this by partnering with Philip Morris (NYSE:PM) to sell various products, which gives the company access to international markets.
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