Kiplinger

The 9 Best Dividend Growth Stocks in the Dow Jones

The Dow Jones Industrial Average is one of the oldest and hallowed stock market indices in the world. Created in 1896, the Dow consists of 30 large-cap American companies, many of which pay dividends.

While many companies in the Dow are considered blue chips, they certainly aren't created equal, nor are all the industrial average's dividend stocks necessarily safe bets for dependable income. In June 2018, for example, General Electric (GE) was booted from the index after having been a member for more than a century.

GE's share price had slumped more than 50% in the year leading up to the firm's removal from the Dow, and management also had cut the dividend for just the second time since the Great Depression.

To help identify the best dividend growth stocks in the Dow and avoid the GEs of the world, research firm Simply Safe Dividends utilizes a Dividend Safety Score system that has caught more than 98% of dividend cuts in advance.

We'll use that system to take a closer look at nine Dow dividend growth stocks that appear positioned to reward shareholders with safe and solid payout expansion in the years ahead.

3M

Getty Images

Market value: $108.6 billion

Dividend yield: 3.0%

Consecutive years of higher dividends: 60

A member of the exclusive analyzed by Simply Safe Dividends, 3M (, $183.76) not only boasts six centuries of

You're reading a preview, sign up to read more.

More from Kiplinger

Kiplinger3 min read
Vanguard Dividend Growth Reopens. Enter at Will.
Good news. Vanguard has reopened Vanguard Dividend Growth (VDIGX, $29.67), one of its very best funds. What's more, the fund is relatively low-risk, making it ideal for a bull market that is showing signs of age. Wellington Management's Donald Kilbri
Kiplinger6 min read
7 Stocks Warren Buffett Is Buying or Selling
Berkshire Hathaway (BRK.B, $198.31) Chairman and CEO Warren Buffett hasn't found much to his liking in 2019. The Oracle of Omaha bought and sold left and right at the end of 2018. He used the fourth quarter's near-bear market to snap up bargains and
Kiplinger8 min readTech
11 Best Laptops for Students, 2019
The return to school has always been an expensive proposition (all those little items quickly add up), but the laptop era - in which a trusted digital companion is critical for college, high school and even some primary-school students to keep up --