Revealed on January twenty first, 2025 by Bob Ciura
Rock stable dividend shares will be held for the long-run.
At Positive Dividend, we concentrate on dividend paying securities to create many years of rising dividend earnings.
In terms of rock stable dividend shares, there are not any higher shares than the Dividend Kings. The Dividend Kings are the best-of-the-best in dividend longevity.
What’s a Dividend King? A inventory with 50 or extra consecutive years of dividend will increase.
You possibly can see the complete downloadable spreadsheet of all 54 Dividend Kings (together with necessary monetary metrics akin to dividend yields, payout ratios, and price-to-earnings ratios) by clicking on the hyperlink under:
This text will checklist the ten Dividend Kings with the best 5-year dividend development charge, from lowest to highest.
With their outsized dividend development potential, these 10 Dividend Kings are rock stable dividend shares to purchase and maintain for the long term.
Desk of Contents
You possibly can immediately leap to any particular part of the article by clicking on the hyperlinks under:
Rock Stable Dividend Inventory: RPM Worldwide (RPM)
5-year dividend development: 7.0%
RPM Worldwide manufactures, markets and distributes chemical merchandise to industrial, retail and specialty prospects. Nearly all of gross sales are made to industrial prospects.
On October third, 2024, RPM introduced that it was growing its quarterly dividend 10.9% to $0.51, extending the corporate’s dividend development streak to 51 consecutive years.
On January seventh, 2025, RPM reported earnings outcomes for the second quarter of fiscal 12 months 2025. For the quarter, income grew 3.4% to $1.85 billion and was $60 million forward of expectations. Adjusted earnings-per-share of $1.39 in comparison with $1.22 within the prior 12 months and was $0.05 above estimates.
RPM generated file gross sales, web earnings, EPS, and EBIT for the second quarter. Natural development for the corporate improved 3.7%, whereas a 0.6% headwind from forex translation and a 0.1% decline from divestitures impacted outcomes barely.
The Building Merchandise Group was up 4.3% to a second quarter file $690 million, which follows a excessive single-digit enchancment within the prior 12 months. This phase had natural development of 4.9%, which was pushed by demand for roofing programs and providers stemming from restoration initiatives.
Efficiency Coatings Group income was increased by 1.4% to a second quarter file $380 million resulting from flooring and protecting coatings demand for building initiatives. Natural gross sales grew 3.3%.
Click on right here to obtain our most up-to-date Positive Evaluation report on RPM (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: Real Elements Firm (GPC))
5-year dividend development: 7.0%
Real Elements has the world’s largest international auto elements community, with greater than 10,800 areas worldwide. As a significant distributor of automotive and industrial elements, Real Elements generates annual income of practically $23 billion.
Supply: Investor Presentation
It operates two segments, that are automotive (consists of the NAPA model) and the economic elements group which sells industrial alternative elements to MRO (upkeep, restore, and operations) and OEM (unique gear producer) prospects.
Clients are derived from a variety of segments, together with meals and beverage, metals and mining, oil and fuel, and well being care.
The corporate reported its third-quarter 2024 outcomes, with gross sales reaching $6.0 billion, a 2.5% improve from the earlier 12 months.
Web earnings fell to $227 million, or $1.62 per diluted share, down from $351 million in Q3 2023. Adjusted diluted earnings per share (EPS) additionally decreased to $1.88 in comparison with $2.49 final 12 months.
Click on right here to obtain our most up-to-date Positive Evaluation report on GPC (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: Illinois Software Works (ITW)
5-year dividend development: 7.0%
Illinois Software Works is a diversified multi-industrial producer with seven distinctive working segments: Automotive, Meals Gear, Check & Measurement, Welding, Polymers & Fluids, Building Merchandise and Specialty Merchandise.
Final 12 months the corporate generated $16.1 billion in income.
On October thirtieth, 2024, Illinois Software Works reported third quarter 2024 outcomes for the interval ending September thirtieth, 2024. For the quarter, income got here in at $4.0 billion, shrinking 1.6% year-over-year.
Gross sales declined 3.3% within the Automotive OEM phase, the most important out of the corporate’s seven segments.
The Specialty Merchandise phase grew revenues by 5.7%. In the meantime, Meals Gear, Check & Measurement and Electronics, Welding, Polymers & Fluids and Building Merchandise noticed income decline -0.2%, -0.2%, -1.3%, -1.9%, and -8.1%, respectively.
Web earnings equaled $1,160 million or $3.91 per share in comparison with $772 million or $2.55 per share in Q3 2023. Within the third quarter, ITW repurchased $375 million of its shares.
It additionally raised its dividend by 7% to $6.00 yearly, marking its 61st consecutive annual dividend improve.
Click on right here to obtain our most up-to-date Positive Evaluation report on ITW (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: Stepan Co. (SCL)
5-year dividend development: 8.0%
Stepan manufactures fundamental and intermediate chemical compounds, together with surfactants, specialty merchandise, germicidal and material softening quaternaries, phthalic anhydride, polyurethane polyols and particular components for the meals, complement, and pharmaceutical markets.
It’s organized into three distinct enterprise traces: surfactants, polymers, and specialty merchandise. These companies serve all kinds of finish markets, which means that Stepan just isn’t beholden to only a handful of industries.
Supply: Investor presentation
The surfactants enterprise is Stepan’s largest by income, accounting for ~68% of whole gross sales in the newest quarter. A surfactant is an natural compound that accommodates each water-soluble and water-insoluble elements.
Stepan posted third quarter earnings on October thirtieth, 2024, and outcomes had been blended. Adjusted earnings-per-share got here in effectively forward of expectations at $1.03, which was 38 cents higher than anticipated.
Income fell virtually 3% year-over-year to $547 million, and missed estimates by over $30 million.
International gross sales quantity fell 1% year-over-year, as double-digit development in a number of of the corporate’s Surfactant finish markets had been totally offset by demand weak spot in Polymers.
Click on right here to obtain our most up-to-date Positive Evaluation report on SCL (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: W.W. Grainger (GWW)
5-year dividend development: 8.0%
W.W. Grainger, headquartered in Lake Forest, IL, is among the world’s largest business-to-business distributors of upkeep, restore, and operations (“MRO”) provides.
Grainger has greater than 4.5 million lively prospects, with greater than 30 million merchandise provided globally.
Supply: Investor Presentation
On October thirty first, 2024, W.W. Grainger reported its Q3 outcomes for the interval ending September thirtieth, 2024. Gross sales had been $4.39 billion, up 4.3% on a reported foundation and up 4.0% on a each day, fixed forex foundation (adjusted) in comparison with final 12 months.
Outcomes had been pushed by stable efficiency throughout the board. The Excessive-Contact Options phase achieved gross sales development of three.3% resulting from stable quantity development in all geographies. Within the Limitless Assortment phase, gross sales had been up 8.1%.
Income development for the phase was pushed by core B2B prospects at Zoro and robust efficiency throughout MonotaRO, most notably with Enterprise prospects.
Web earnings equaled $486 million, up simply 2.8% in comparison with Q3-2022. Earnings-per-share got here in at $9.87, 4.7% increased year-over-year.
Click on right here to obtain our most up-to-date Positive Evaluation report on GWW (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: PPG Industries (PPG)
5-year dividend development: 8.0%
PPG Industries is the world’s largest paints and coatings firm. Its solely rivals of comparable dimension are Sherwin-Williams and Dutch paint firm Akzo Nobel.
On October sixteenth, 2024, PPG Industries reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income fell 1.5% to $4.57 billion, which was $90 million lower than anticipated.
The corporate generates annual income of about $18.2 billion.
Supply: Investor Presentation
Adjusted web earnings of $500 million, or $2.13 per share, in contrast favorably to adjusted web earnings of $493 million, or $2.07 per share, within the prior 12 months. Adjusted earnings-per-share was $0.02 under estimates.
Third quarter natural income development was as soon as once more flat in comparison with the prior 12 months. Efficiency Coatings income of $2.921 billion was up 1% from the identical interval of 2023.
Increased volumes (+2%) and promoting costs (+1%) had been partially offset by divestitures (-1%) and a headwind from international forex alternate (-1%).
Click on right here to obtain our most up-to-date Positive Evaluation report on PPG (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: Lowe’s Firms (LOW)
5-year dividend development: 9.0%
Lowe’s Firms is the second-largest house enchancment retailer within the US (after Dwelling Depot). It operates or providers greater than 1,700 house enchancment and {hardware} shops within the U.S.
Lowe’s reported third quarter 2024 outcomes on November nineteenth, 2024. Complete gross sales got here in at $20.2 billion in comparison with $20.5 billion in the identical quarter a 12 months in the past.
Comparable gross sales decreased by 1.1%, whereas web earnings-per-share of $2.99 in comparison with $3.06 in third quarter 2023.
Adjusted EPS was even decrease at $2.89. The corporate continues to be negatively impacted from a discount in DIY discretionary spending.
The corporate repurchased 2.9 million shares within the quarter for $758 million. Moreover, it paid out $654 million in dividends.
The corporate narrowed its fiscal 2024 outlook and now expects to earn adjusted diluted EPS of $11.80 to $11.90 (from $11.70 to $11.90 beforehand) on whole gross sales of $83.0 to $83.5 billion.
Click on right here to obtain our most up-to-date Positive Evaluation report on LOW (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: Nordson Company (NDSN)
5-year dividend development: 10.0%
Nordson was based in 1954 in Amherst, Ohio by brothers Eric and Evan Nord, however the firm can hint its roots again to 1909 with the U.S. Automated Firm.
As we speak the corporate has operations in over 35 international locations and engineers, manufactures, and markets merchandise used for dishing out adhesives, coatings, sealants, biomaterials, plastics, and different supplies.
Supply: Investor Presentation
On August 14th, 2024, Nordson elevated its dividend by 15% to $0.78 per share quarterly, marking 61 years of will increase.
On December eleventh, 2024, Nordson reported fourth quarter outcomes for the interval ending October thirty first, 2024. For the quarter, the corporate reported gross sales of $744 million, 4% increased in comparison with $719 million in This fall 2023, which was pushed by a constructive acquisition influence, and offset by natural lower of three%.
Industrial Precision noticed gross sales lower by 3%, whereas the Medical and Fluid Options and Superior Expertise Options segments had gross sales will increase of 19% and 5%, respectively.
The corporate generated adjusted earnings per share of $2.78, a 3% improve in comparison with the identical quarter final 12 months. For FY 2024, Nordson generated adjusted EPS of $9.73 in comparison with $9.85 in 2023.
Click on right here to obtain our most up-to-date Positive Evaluation report on NDSN (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: Parker-Hannifin (PH)
5-year dividend development: 10.0%
Parker-Hannifin is a diversified industrial producer specializing in movement and management applied sciences. The corporate generates annual revenues of $16 billion.
Parker-Hannifin has paid a dividend for 72 years and has elevated the dividend for 67 consecutive years.
Supply: Investor Presentation
In late October, Parker-Hannifin reported (10/31/24) outcomes for the primary quarter of 2025. Gross sales grew 1% over final 12 months’s quarter, to a brand new all-time excessive.
Adjusted earnings-per-share grew 4%, from $5.96 to $6.20, primarily because of strong demand in aerospace.
Parker-Hannifin exceeded the analysts’ consensus by $0.06. Notably, Parker-Hannifin has exceeded the analysts’ EPS estimates for 37 consecutive quarters.
Click on right here to obtain our most up-to-date Positive Evaluation report on Parker-Hannifin (preview of web page 1 of three proven under):
Rock Stable Dividend Inventory: S&P International (SPGI)
5-year dividend development: 12.0%
S&P International is a worldwide supplier of monetary providers and enterprise data and income of over $13 billion.
By way of its numerous segments, it supplies credit score scores, benchmarks and indices, analytics, and different knowledge to commodity market individuals, capital markets, and automotive markets.
S&P International has paid dividends repeatedly since 1937 and has elevated its payout for 51 consecutive years.
S&P International posted third quarter earnings on October twenty fourth, 2024, and outcomes had been fairly robust as soon as once more. Adjusted earnings-per-share got here to $3.89, which was 25 cents forward of estimates. Earnings had been down from $4.04 in Q2, however a lot increased than $3.21 within the year-ago interval.
Income soared 16% increased year-on-year to $3.58 billion, which additionally beat estimates by $150 million. Development within the Rankings and Indices phase led the highest line increased in Q3, though energy was broad.
With dividend development above 10%, SPGI is among the rock stable dividend shares.
Click on right here to obtain our most up-to-date Positive Evaluation report on SPGI (preview of web page 1 of three proven under):
Extra Studying
Screening to search out one of the best Dividend Kings just isn’t the one solution to discover rock stable dividend shares. There are lots of different teams of shares for long-term dividend development.
Positive Dividend maintains comparable databases on the next universes of rock stable dividend shares:
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