4 Dividend Stocks That'll Likely Raise Their Payouts for a 55th Consecutive Year

Dividend stocks are somewhat a dime-a-dozen. There are thousands of companies that have paid their shareholders a dividend (either recurring, annual, or one-time) over the trailing-12-month period. However, not all dividend stocks are created equally. There's a very special class of dividend stocks known as Dividend Aristocrats, which represents around 100 companies that have increased their payouts annually in at least each of the past 25 years. Dividend Aristocrats are the hallmark of dividend consistency. This year, four companies appear set to increase their payouts for an impressive 55th consecutive year.

It's probably no surprise whatsoever that one of the steadiest healthcare names, Johnson & Johnson (NYSE:JNJ), is primed to increase its payout for a 55th straight year. Johnson & Johnson's success is mostly due to its business structure and the diversity of its operating segments. Another superior dividend stock set to raise its payout for a 55th year in a row that isn't a surprise to be found among the most elite of Dividend Aristocrats is beverage maker Coca-Cola (NYSE:KO). Though its 2% dividend yield might seem a bit pedestrian, there's absolutely nothing pedestrian about Lowe's (NYSE:LOW) current streak of raising its dividend for 54 (and likely to be 55) consecutive years.

Source: Motley Fool

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