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Dividend Centenarians: 3 Companies That Have Paid Consecutive Dividends For 100+ Years

Published Mon, 16 Apr 2018 11:09:30 -0400 on Seeking Alpha

One of the most well known and practiced forms of passive income generation is owning dividend stocks. For young investors and seasoned shareholders alike, stocks that pay consistent dividends are something to be cherished.
Although, most of us know that dividends are nothing new- in fact some companies have been paying dividends for well over a 100 years. While not incredibly uncommon (especially as the years pass by), I want to present three of these cash flow kings dubbed "dividend centenarians."
1. Stanley Black & Decker (SWK) If you take a look at some of the tools in your garage, I'm guessing you have a few items stamped with this company's logo. Founded as a bolt and hand-tool company in pre-Civil War Connecticut, Stanley acquired Black & Decker in 2010. The company currently pays a dividend of $2.52/share (1.63%) and has paid a dividend since 1877. Just for fun, to give some perspective of how long ago Stanley began to reward its shareholders, the year 1877 was 30+ years before construction began on the RMS Titanic. It's unclear if any of the company's tools were used.
Pictured above: Frederick Trent Stanley. In 1843, Frederick Trent Stanley founded "The Stanley Works", a small factory making bolts and hinges. Fast forward almost 200 years and after the Black & Decker merger in 2010, the company is the largest tool company in the world. Interestingly, the company also just recently acquired... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
YORK WATER 30.98   30.4 1.02 0.69 2.20
STANLEY BLACK & DECKER 132.71   20.3 6.53 2.64 2.01
CHURCH & DWIGHT 67.03   20.3 3.30 0.87 1.32


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