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These 3 Sectors Have The Longest Dividend Streaks, But Which Offers The Best Dividend Growth?

Published Fri, 01 Jun 2018 17:31:45 -0400 on Seeking Alpha

The investment landscape can be broken down into 11 different sectors:
Consumer Discretionary, Consumer Staples (Also known as Consumer Defensive), Energy, Financials, Health Care, Industrials, Information Technology, Materials, Real Estate, Telecommunication Services, and Utilities. Wouldn't it be nice to know which of these sectors offer the best mix of dividend growth and a long history of increasing their dividend each year (A long dividend streak)?
I reviewed Canadian and US dividend growth stocks and discovered that there were 3 clear winners when it came to dividend streak length:
Consumer Staples (AKA Consumer Defensive), Utilities, and Telecommunication Services. A long dividend streak is important, but it's only half of the picture. The other half is strong dividend growth.
Before I tell you which of these 3 sectors offers the best of both worlds; A long dividend streak with high dividend growth, it is important to understand the answer to a more fundamental question.
Why Is A Long Dividend Streak Important? For dividend growth investing to work, you need a long-term mindset. The goal is to create a portfolio of high-quality companies that can increase their dividend on a regular basis. Over time, you benefit from this increasing stream of dividend income.
Many rely on the dividend income to wholly or partially fund retirement. If this is the case or the goal, then you want to make sure that the dividends are coming from reliable companies... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
GABELLI UTILITY TRUST 7.20   0.0 0.00 0.00 8.26
REAVES UTILITY INCOME FUND 36.75   0.0 0.00 0.00 5.89
POWERSHARES S&P SMALLCAP UTILITIES PORTFOLIO 55.41   0.0 0.00 1.22 2.20