12 Future Dividend Kings in the Next 6 Years or Less

Published on March 23, 2023 at 3:26 pm by Vardah Gill in Dividend Stocks, Hedge Funds, News

In this article, we discuss 12 future dividend kings in the next 6 years or less. You can skip our detailed analysis of dividend stocks and their returns over the years, and go directly to read 5 Future Dividend Kings in the Next 6 Years or Less.

Dividend Kings are companies that have dividend growth streaks of 50 years or more. Investors are inclined toward these securities as these companies are financially stable and are more likely to raise their payouts in the future. Moreover, these stocks also offer regular income to shareholders along with the potential for capital appreciation as the stock price grows over time. Some of the best dividend kings that investors are paying attention to include The Coca-Cola Company (NYSE:KO), PepsiCo, Inc. (NASDAQ:PEP), and The Procter & Gamble Company (NYSE:PG) as these companies have strong cash flow generation which enabled them to raise their payouts for decades.

The current inflationary environment has enhanced the importance of dividend growers. Analysts also recommend loading up on companies with strong dividend growth track records instead of those with high yields. According to a report by Nuveen, global dividend-payers with modest yields of around 3% generally exhibit better earnings potential and higher profit margins when compared with high-yielding dividend stocks. The report also mentioned that dividend growth stocks outperformed their peers during monthly periods of rising volatility. From December 2002 to December 2022, dividend growers delivered an average excess return of 0.7% when the monthly volatility increase was over 20%.

In addition to shareholder return, dividend stocks also contributed significantly to the overall market return. According to a report by T. Rowe Price, compounded dividends have represented over 70% of global market returns. The report also mentioned the performance of dividend growers over the years. The S&P Dividend Aristocrat Index, which tracks the performance of companies that have raised their payouts for 25 years or more, has outperformed the wider market by over 75% since 1989.

Payout ratios also play a vital part when considering investments in dividend growers. In one of our previous articles titled 10 Companies Likely to be Dividend Kings in the Future, we mentioned a research which says dividend growers returned 11.1% on average in a 12-month period starting after the rate hikes in 1994 through the third quarter of 2022, compared with a 9.2% return of the wider market. We also mentioned that payout ratios below 50% are considered healthy as these companies have stable cash flow generation for shareholder return.

Healthy payout ratios show the financial position of the company which directly affects the sustainability of future dividends. Andrew Crowell, financial adviser and vice chairman of wealth management at D.A. Davidson, spoke to Wall Street Journal about dividend payout ratios and their importance. Here are some comments from the analyst:

“The dividend payout ratio is a good indicator of a company’s dividend track record. It is the ratio of the total amount of dividends paid out to shareholders relative to the net income of the company.”

He added:

“The annual dividend payout ratio for dividend aristocrats is 30% to 50%. This allows them to retain enough cash if business stalls, or the economy turns downward.”

Our Methodology:

For this list, we selected companies that have raised their dividend payouts for 44 years or more and are on a steady path to becoming dividend kings (companies which increase their dividends for 50 or more straight years). These companies would be achieving their Dividend King status in six years or less. The stocks are ranked in ascending order of their consecutive years of dividend growth.

12. The Sherwin-Williams Company (NYSE:SHW)

Consecutive Years of Dividend Growth: 44

The Sherwin-Williams Company (NYSE:SHW) is an Ohio-based paint and coating manufacturing company. On February 15, the company declared a 0.8% growth in its quarterly dividend to $0.605 per share. Through this increase, the company took its dividend growth streak to 44 years. The stock has a dividend yield of 1.15%, as of March 23.

SHW is also favored by investors alongside some of the best dividend kings like The Coca-Cola Company (NYSE:KO), PepsiCo, Inc. (NASDAQ:PEP), and The Procter & Gamble Company (NYSE:PG).

In the fourth quarter of 2022, The Sherwin-Williams Company (NYSE:SHW) posted an EPS of $1.89, which beat Street estimates by $0.04. The company’s revenue for the quarter came in at $5.23 billion, up 9.9% from the same period last year. In FY22, it paid $619 million to shareholders in dividends.

In January, RBC Capital maintained an Outperform rating on The Sherwin-Williams Company (NYSE:SHW) with a $267 price target, expecting the company to benefit from US housing fundamentals.

As per Insider Monkey’s Q4 2022 database, 64 hedge funds reported having stakes in The Sherwin-Williams Company (NYSE:SHW), up from 63 in the previous quarter. These stakes have a total value of over $2.44 billion. With over 1.3 million shares, Farallon Capital was the company’s leading stakeholder in Q4.

ClearBridge Investments mentioned The Sherwin-Williams Company (NYSE:SHW) in its Q4 2022 investor letter. Here is what the firm has to say:

“A third approach to return generation is purchasing idiosyncratic businesses that largely control their own destiny. We saw mixed results from this group in the fourth quarter, with paint and coatings maker The Sherwin-Williams Company (NYSE:SHW) benefiting from significant pricing power that will allow it to grow earnings handsomely with only modest revenue increases.”

11. Medtronic plc (NYSE:MDT)

Consecutive Years of Dividend Growth: 45

Medtronic plc (NYSE:MDT) is a Minnesota-based medical device company that provides medical services, technology, and solutions. In its fiscal Q3 2023, the company posted revenue of $7.7 billion, which showed a 0.5% growth from the same period last year. Its cash position remained strong with an operating cash flow of $3.6 billion and a free cash flow of $2.5 billion.

Deutsche Bank raised its price target on Medtronic plc (NYSE:MDT) to $87 with a Hold rating on the shares, following the company’s strong quarterly earnings.

Medtronic plc (NYSE:MDT) is on its way to becoming one of the best dividend kings as it has raised its payouts consistently for the past 45 years. The company currently pays a quarterly dividend of $0.68 per share and has a dividend yield of 3.40%, as of March 23.

As of the end of Q4 2022, Medtronic plc (NYSE:MDT) was a part of 58 hedge fund portfolios, up from 55 in the previous quarter, according to Insider Monkey’s data. The collective value of these stakes is over $2.6 billion.

Carillon Tower Advisers mentioned Medtronic plc (NYSE:MDT) in its Q4 2022 investor letter. Here is what the firm has to say:

“Medtronic plc (NYSE:MDT) announced disappointing clinical trial results for a new product in its pipeline and lowered its fiscal 2023 financial guidance due to lingering supply chain issues and slower than expected medical procedure recovery.”

10. McDonald’s Corporation (NYSE:MCD)

Consecutive Years of Dividend Growth: 46

McDonald’s Corporation (NYSE:MCD) is an American multinational fast-food company. Tigress Financial raised its price target on the stock to $330 in March with a Buy rating on the shares, appreciating the company’s strategies to enhance growth. The firm further appreciated the company’s resilient business model that enables it to drive strong performance in all economic cycles.

McDonald’s Corporation (NYSE:MCD) will be among the best dividend kings in the future as its current dividend growth streak stands at 46 years. The company offers a quarterly dividend of $1.52 per share for a dividend yield of 2.27%, as recorded on March 23.

The number of hedge funds tracked by Insider Monkey owning stakes in McDonald’s Corporation (NYSE:MCD) grew to 57 in Q4 2022, from 53 in the preceding quarter. These stakes have a consolidated value of over $2.7 billion. Ken Griffin, Ray Dalio, and D. E. Shaw were some of the company’s leading stakeholders in Q4.

9. Carlisle Companies Incorporated (NYSE:CSL)

Consecutive Years of Dividend Growth: 46

Carlisle Companies Incorporated (NYSE:CSL) is an Arizona-based diversified company that manufactures and markets a wide range of products including optical fibers and defense electronics. The company will be among the best dividend kings in the future as it has raised its dividends for 46 years straight. It currently pays a quarterly dividend of $0.75 per share and has a dividend yield of 1.38%, as of March 23.

In the fourth quarter of 2022, Carlisle Companies Incorporated (NYSE:CSL) reported revenue of $1.45 billion, which saw a 3.6% growth from the same period last year. For 12 months that ended December 2022, the company’s operating cash flow came in at over $1 billion and its free cash flow stood at $825.6 million. During this period, it returned $134.4 million to shareholders in dividends, which shows that its future dividends are secure.

In March, BMO Capital maintained an Outperform rating on Carlisle Companies Incorporated (NYSE:CSL) with a $335 price target, highlighting the company’s operational initiatives.

At the end of December 2022, 41 hedge funds in Insider Monkey’s database owned stakes in Carlisle Companies Incorporated (NYSE:CSL), worth roughly $8 billion collectively.

Madison Funds mentioned Carlisle Companies Incorporated (NYSE:CSL) in its Q4 2022 investor letter. Here is what the firm has to say:

“The bottom five detractors for the quarter were Carlisle Companies Incorporated (NYSE:CSL), Brown & Brown, Brookfield, CarMax, and Armstrong World Industries. Following robust outperformance during the first three quarters of the year, Carlisle shares took a step back this quarter as investors worried about commercial roofing demand in a potentially slowing economy.”

8. RLI Corp. (NYSE:RLI)

Consecutive Years of Dividend Growth: 47

Another best dividend king of the future on our list is RLI Corp. (NYSE:RLI), which is an American insurance company. It mainly specializes in property insurance and casualty insurance. In January, RBC Capital raised its price target on the stock to $136 with a Sector Perform rating on the shares. The firm mentioned that the company’s recent results showed healthy growth, improved margins, and higher investment income.

RLI Corp. (NYSE:RLI) currently pays a quarterly dividend of $0.26 per share for a dividend yield of 0.81%, as of March 23. The company maintains a 47-year streak of consistent dividend growth.

As of the close of Q4 2022, 19 hedge funds tracked by Insider Monkey were long RLI Corp. (NYSE:RLI), owning stakes worth over $251.3 million collectively.

First Pacific Advisors mentioned RLI Corp. (NYSE:RLI) in its Q4 2022 investor letter. Here is what the firm has to say:

“RLI Corp. (NYSE:RLI) is a high-quality specialty insurer with a collection of niche and arcane lines across property & casualty (P&C). RLI has an attractive combined ratio and return on equity, 9 a conservative underwriting culture and growth opportunities. Despite its full price, we continue to hold RLI because of its high quality and our reluctance to trade in and out. The insurance sector as a whole performed well last year, but RLI got a boost from strong Q3 2022 earnings and the sale of its equity stake in sunglass manufacturer Maui Jim.”

7. Pentair plc (NYSE:PNR)

Consecutive Years of Dividend Growth: 47

Pentair plc (NYSE:PNR) is an American water treatment company, based in Minnesota. In its fourth-quarter earnings, the company reported revenue of $1 billion, which showed a 1.45% year-over-year growth. For FY22, its operating cash flow came in at $364 million and its free cash flow amounted to over $283 million.

On February 21, Pentair plc (NYSE:PNR) declared a quarterly dividend of $0.22 per share, which was in line with its previous dividend. The company is among the best dividend kings of the future as it maintains a 47-year streak of consistent dividend growth. The stock’s dividend yield on March 23 came in at 1.71%.

Cowen showed confidence in Pentair plc (NYSE:PNR)’s margin expansion and pool returns this year as it raised its price target on the stock to $65 in February with an Outperform rating on the shares.

At the end of Q4 2022, 29 hedge funds tracked by Insider Monkey reported having stakes in Pentair plc (NYSE:PNR), the same as in the previous quarter. The collective value of these stakes is over $1.15 billion. Among these hedge funds, Impax Asset Management was the company’s leading stakeholder in Q4.

6. MGE Energy, Inc. (NASDAQ:MGEE)

Consecutive Years of Dividend Growth: 47

MGE Energy, Inc. (NASDAQ:MGEE) is an American utility holding company that generates and distributes electricity and also owns generation units. The company currently pays a quarterly dividend of $0.4075 per share and has a dividend yield of 2.22%, as of March 23. It holds a 47-year track record of consistent dividend growth.

The Coca-Cola Company (NYSE:KO), PepsiCo, Inc. (NASDAQ:PEP), and The Procter & Gamble Company (NYSE:PG) are some of the best dividend kings to invest in the current environment.

At the end of December 2022, 12 hedge funds tracked by Insider Monkey owned stakes in MGE Energy, Inc. (NASDAQ:MGEE), compared with 13 in the previous quarter. The collective value of these stakes is over $16.4 million.

Click to continue reading and see 5 Future Dividend Kings in the Next 6 Years or Less.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

12 Future Dividend Kings in the Next 6 Years or Less

Published on March 23, 2023 at 3:26 pm by Vardah Gill in Dividend Stocks, Hedge Funds, News

12. The Sherwin-Williams Company (NYSE:SHW)

11. Medtronic plc (NYSE:MDT)

10. McDonald’s Corporation (NYSE:MCD)

9. Carlisle Companies Incorporated (NYSE:CSL)

8. RLI Corp. (NYSE:RLI)

7. Pentair plc (NYSE:PNR)

6. MGE Energy, Inc. (NASDAQ:MGEE)

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Premium

Log In

Sign Up

12 Future Dividend Kings in the Next 6 Years or Less

Published on March 23, 2023 at 3:26 pm by Vardah Gill in Dividend Stocks, Hedge Funds, News

Share

12. The Sherwin-Williams Company (NYSE:SHW)

11. Medtronic plc (NYSE:MDT)

10. McDonald’s Corporation (NYSE:MCD)

9. Carlisle Companies Incorporated (NYSE:CSL)

8. RLI Corp. (NYSE:RLI)

7. Pentair plc (NYSE:PNR)

6. MGE Energy, Inc. (NASDAQ:MGEE)

Share

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff