Dividend Growth Stocks

Dividends are great! What could be better? Appreciation in price along with a sustainable dividend–I’m drooling thinking about it! And you will too when you look at the growth rates these 44 stocks have achieved, in addition to matching our criteria. Heck, they beat out 710 other stocks with five years or more of increasing dividends.

June 2020’s Dividend Growth Stocks

Listed below are 44 stocks, sorted into sectors. Each stock’s DivSys5 and DivSys10 scores are presented in brackets [5 year | 10 year] — the higher the score, the more growth. Dividend yields tend to be lower while a company is still in a growth phase, so you wouldn’t buy from this list for income.

BASIC MATERIALS

» (BCPC) Balchem Corp ~ Chemicals [ 19.1 | 28.8 ]

» (ECL) Ecolab Inc ~ Chemicals [ 19 | 25.9 ]

» (VMC) Vulcan Materials Co ~ Building Materials [ 94.1 | 19.5 ] +

COMMUNICATION SERVICES

» (ATVI) Activision Blizzard Inc ~ Interactive Media [ 20.4 | 13.1 ]

CONSUMER CYCLICAL

» (NKE) Nike Inc ~ Manufacturing – Apparel & Accessories [ 29.1 | 27.6 ] + ♥

» (DPZ) Domino’s Pizza Inc ~ Restaurants [ 50.5 | 19.6 ]

» (ATR) AptarGroup Inc ~ Packaging & Containers [ 8.4 | 14.1 ]

CONSUMER DEFENSIVE

» (CHD) Church & Dwight Co Inc ~ Consumer Packaged Goods [ 20.5 | 33.1 ] ♥

» (COST) Costco Wholesale Corp ~ Retail – Defensive [ 30.3 | 22.9 ] + ♥

FINANCIAL SERVICES

Sector Averages | Yield: 0.8 | Reliability: 3.2 | DivSys5 Score: 38.4

» (V) Visa Inc ~ Credit Services [ 39.5 | 60.7 ] ♥

» (MKTX) MarketAxess Holdings Inc ~ Capital Markets [ 47.1 | 48.4 ]

» (SPGI) S&P Global Inc ~ Capital Markets [ 54.7 | 24 ] +

» (FDS) FactSet Research Systems Inc ~ Capital Markets [ 23.3 | 23.8 ]

» (RNR) RenaissanceRe Holdings Ltd ~ Insurance [ 35.2 | 21.6 ] +

» (WRB) WR Berkley Corp ~ Insurance [ 11.4 | 21 ]

» (BRO) Brown & Brown Inc ~ Insurance [ 22 | 19.2 ] +

» (MSCI) MSCI Inc ~ Capital Markets [ 87.8 | 18.2 ]

» (CBOE) Cboe Global Markets Inc ~ Capital Markets [ 29.2 | 16.3 ]

» (ICE) Intercontinental Exchange Inc ~ Capital Markets [ 33.4 | 13.1 ]

HEALTHCARE

Sector Averages | Yield: 1.0 | Reliability: 4.2 | DivSys5 Score: 25.4

» (UNH) UnitedHealth Group Inc ~ Healthcare Plans [ 44.1 | 59 ] ♥

» (STE) Steris PLC ~ Medical Devices & Instruments [ 25.9 | 23.2 ] +

» (SYK) Stryker Corp ~ Medical Devices & Instruments [ 19.4 | 22.9 ]

» (CHE) Chemed Corp ~ Healthcare Providers & Services [ 37.1 | 22.3 ] +

» (ATRI) Atrion Corp ~ Medical Devices & Instruments [ 18.5 | 19.7 ]

» (ANTM) Anthem Inc ~ Healthcare Plans [ 19.8 | 14.3 ]

» (RMD) ResMed Inc ~ Medical Devices & Instruments [ 13 | 13.5 ]

INDUSTRIALS

Sector Averages | Yield: 1.1 | Reliability: 2.9 | DivSys5 Score: 34.7

» (LII) Lennox International Inc ~ Industrial Products [ 45.4 | 37 ] +

» (TTC) The Toro Co ~ Industrial Products [ 33.9 | 33.8 ] +

» (BMI) Badger Meter Inc ~ Industrial Products [ 40.6 | 31.8 ] +

» (ROP) Roper Technologies Inc ~ Industrial Products [ 24.4 | 31.5 ]

» (IEX) IDEX Corp ~ Industrial Products [ 21.4 | 26.5 ]

» (FIX) Comfort Systems USA Inc ~ Construction [ 41.8 | 25.8 ] +

» (MSA) MSA Safety Inc ~ Business Services [ 41.2 | 22.2 ] +

» (GGG) Graco Inc ~ Industrial Products [ 24.9 | 21.5 ] +

» (EXPD) Expeditors International of Washington Inc ~ Transportation [ 22.8 | 19.7 ] +

» (WCN) Waste Connections Inc ~ Waste Management [ 27.4 | 12.6 ]

» (LSTR) Landstar System Inc ~ Transportation [ 46 | 12 ]

» (EXPO) Exponent Inc ~ Business Services [ 34.6 | 11.8 ]

» (FELE) Franklin Electric Co Inc ~ Industrial Products [ 56.1 | 11.7 ] +

» (WTS) Watts Water Technologies Inc ~ Industrial Products [ 20.3 | 11.3 ] +

» (TTEK) Tetra Tech Inc ~ Construction [ 39.9 | 4.8 ]

TECHNOLOGY

Sector Averages | Yield: 1.1 | Reliability: 4.5 | DivSys5 Score: 21.2

» (ACN) Accenture PLC ~ Software [ 24.1 | 25.5 ]

» (JKHY) Jack Henry & Associates Inc ~ Software [ 18 | 25.4 ]

» (MSFT) Microsoft Corp ~ Software [ 21.4 | 22.4 ]

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Please Note: This information is not an offer to buy stocks, but just a list that has been narrowed down as starting point for your further research. We always recommend further due diligence before making your decision to invest or not.

‘+’ indicates upward direction of DivSys™ score for stocks with positive 10 year dividend growth rates, basically giving us enough years of performance to mathematically determine if they are doing better or doing worse over time.

‘♥’ indicates an all-time, reliable favorite well-suited for most portfolios