Seven dividend elites: 100 years of dividends

Filed under: Coca-Cola (KO), Exxon Mobil (XOM), Colgate-Palmolive (CL), Coca-Cola Enterprises (CCE), Procter and Gamble (PG), Lilly (Eli) (LLY)

"While companies have been cutting dividends at an historic pace over the last 24 months, the fact is that there are still quality companies with long histories of paying dividends that represent good long-term investments," says Chuck Carlson, a specialist in companies offering dividend reinvestment plans.

In his top-notch The DRIP Investor he says, "The seven stocks featured here have each been paying a dividend for over 100 years, have raised their dividend annually for at least the last quarter century and offer direct-purchase plans.

"Coca-Cola (NYSE: KO) has a strong position among this group of dividend elites. The company has paid a dividend continuously since 1893. The firm has lifted its dividend annually for the last 47 years.

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Seven dividend elites: 100 years of dividends originally appeared on BloggingStocks on Wed, 02 Sep 2009 17:00:00 EST. Please see our terms for use of feeds.

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