30 Stocks with Growing Dividends

I have some bad news, and I have some good news. The bad news is for yield seekers: Looking at dividend yields along won’t cut it any more. With many multinationals’ profits getting pinched by the strong dollar, last year’s “safest” dividend stocks aren’t looking so safe anymore. In the energy sector, we’re seeing dividend cuts left and right.

But for those of you who are willing to dig a little deeper, there is good news. That is, there still are a select few “safe” dividend stocks that are benefitting from the ongoing flight to quality. During the first quarter, high-quality dividend stocks were some of the biggest gainers on Wall Street. And, with the market still yielding more than the bank, and even some Treasuries, there is upside potential here.

To get you started, I’ve screened 30 stocks that meet my qualifications for safe dividend stocks. That is, they are growing their dividends year-after-year, and they earn top marks in both my Dividend Grader rating tool, and my Portfolio Grader rating tool. I currently recommend a handful of these stocks in my newsletters, including Dr Pepper Snapple Group (DPS), Foot Locker (FL), Home Depot (HD) and others. Here’s the complete list:

Company Name Ticker Dividend Yield Annual Dividend Growth Dividend Grade Rating Portfolio Grader Rating
AbbVie Inc. ABBV 3.6% 4.4% A B
ADT Corp. ADT 2.1% 1.0% B B
Aflac Inc. AFL 2.5% 1.0% B B
A. O. Smith Corp. AOS 1.1% 4.8% A A
Broadridge Financial Solutions Inc. BR 2.0% 3.2% A A
Cheesecake Factory Inc. CAKE 1.5% 5.9% A B
Cracker Barrel Old Country Store Inc. CBRL 2.8% 2.9% A B
Columbia Sportswear Company COLM 1.1% 2.5% B B
Carter’s Inc. CRI 1.0% 3.0% B B
Cisco Systems Inc. CSCO 3.0% 2.0% A B
Dow Chemical Company DOW 3.5% 1.8% A B
Dr Pepper Snapple Group Inc. DPS 2.2% 3.2% A A
Foot Locker Inc. FL 1.6% 2.6% A B
General Dynamics Corp. GD 2.1% 5.2% A B
General Mills Inc. GIS 2.8% 1.4% A A
Home Depot Inc. HD 1.8% 4.7% A A
Honeywell International Inc. HON 2.0% 2.8% A B
Lockheed Martin Corp. LMT 2.8% 1.9% B A
Mondelez International Inc. MDLZ 1.6% 3.8% A B
3M Company MMM 2.5% 3.7% A B
Motorola Solutions Inc. MSI 2.0% 3.8% A A
Nasdaq Inc. NDAQ 1.6% 16.6% A A
Northrop Grumman Corp. NOC 1.6% 4.1% A A
Reynolds American Inc. RAI 2.9% 25.8% B A
Snap-on Inc. SNA 1.4% 2.9% A B
Target Corp. TGT 2.7% 2.3% A B
TJX Companies Inc. TJX 1.1% 5.6% A B
Texas Instruments Inc. TXN 2.5% 2.3% A B
United Parcel Service Inc. UPS 2.9% 1.7% B A
Xylem Inc. XYL 1.4% 1.9% B A

To ensure that you’re positioned in the best dividend and growth stocks, please continue to run your positions through my Dividend Grader rating tool, and my Portfolio Grader rating tool.


Louis Navellier

Louis Navellier

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