In this article, we will take a look at some of the best consistent dividend stocks to invest in.
Dividend stocks have lagged the broader market this year, even though analysts continue to favor them. The Dividend Aristocrat Index, which tracks companies that have increased their dividends for at least 25 consecutive years, has gained about 2% since the start of 2025, compared with an early 17% rise in the broader market.
David Harrell, editor of Morningstar DividendInvestor, advised investors to focus on companies with management teams that are committed to maintaining and growing their dividends, as well as those with strong competitive advantages, often referred to as economic moats. He made the following comment:
“A moat rating does not guarantee dividends, of course, but we have seen some very strong correlations between economic moats and dividend durability.”
According to a report by Nuveen, companies that consistently grow or initiate dividends have historically produced higher returns with lower risk, as measured by standard deviation, compared with firms that kept dividends unchanged, paid none, or cut them. The report, citing research from Ned Davis, also highlighted that from 1930 through December 2024, about 40% of the S&P 500’s annualized total return came from dividend payments and reinvestment, while the remainder was driven by capital appreciation.
Given this, we will take a look at some of the best consistent dividend stocks to invest in.
Our Methodology
For this article, we reviewed reputable online sources and gathered the stocks these outlets collectively favored in their latest reports. From there, we identified companies that have raised their dividends for at least 10 years, reflecting consistent dividend policies. After that, we shortlisted the stocks based on their dividend yields and ranked them accordingly.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
13. West Pharmaceutical Services, Inc. (NYSE:WST)
Dividend Yield as of November 3: 0.32%
Consecutive Years of Dividend Growth: 33
West Pharmaceutical Services, Inc. (NYSE:WST) is one of the best consistent dividend stocks to invest in.
On October 29, TD Cowen analyst Brendan Smith initiated coverage of West Pharmaceutical Services, Inc. (NYSE:WST) with a Buy rating and a price target of $350, as reported by The Fly. He noted that West is well-positioned at the intersection of several major industry trends, including injectable biologics, GLP-1 treatments, and growing regulatory requirements. These factors have allowed the company to move from being a traditional supplier of standard drug delivery components to offering high-value products with stronger margins. The analyst added that this ongoing shift toward higher-value offerings is expected to support sustained revenue and margin growth over the long term.
On October 23, West Pharmaceutical Services, Inc. (NYSE:WST) reported its third-quarter 2025 results, with net sales of $804.6 million, an increase of 7.7% year over year, and organic growth of 5%. The growth was broad-based across both Proprietary Products and Contract Manufacturing segments, led by double-digit expansion in high-value product components, continued progress in GLP-1 products, and increased Annex 1 conversions supported by an improving demand environment.
From a cash flow standpoint, West Pharmaceutical Services, Inc. (NYSE:WST) maintained solid financial performance. Operating cash flow rose 8.7% from the prior year to $503.7 million, while free cash flow climbed 53.7% to $293.9 million, highlighting its ability to generate stable cash and support dividends.
West Pharmaceutical Services, Inc. (NYSE:WST) designs, manufactures, and markets products that support the development and delivery of pharmaceuticals, biologics, vaccines, and consumer healthcare solutions.
12. The Sherwin-Williams Company (NYSE:SHW)
Dividend Yield as of November 3: 0.92%
Consecutive Years of Dividend Growth: 46
The Sherwin-Williams Company (NYSE:SHW) is among the best consistent dividend stocks to invest in.
On October 30, Citi analyst Patrick Cunningham raised the price target for The Sherwin-Williams Company (NYSE:SHW) from $380 to $392 while maintaining a Neutral rating on the stock, according to a report by The Fly.
The revision followed the release of the company’s third-quarter 2025 results on October 28. During the quarter, consolidated net sales rose 3.2% to $6.36 billion. Sales from Paint Stores Group locations open for more than twelve months increased 3.6%. The company saw gross margin expansion, while SG&A expenses grew at a modest single-digit pace, reflecting ongoing investments in growth initiatives, restructuring, and new facilities.
In addition, The Sherwin-Williams Company (NYSE:SHW) reported higher adjusted EBITDA margin and adjusted diluted EPS, and returned $864 million to shareholders through share buybacks and dividends.
The earnings report also highlighted that The Paint Stores Group recorded sales growth across all end markets, driven by protective and marine coatings, residential repainting, and commercial projects, with segment margins improving. Although Consumer Brands Group sales remained under pressure, results exceeded expectations and segment margins also improved.
The Sherwin-Williams Company (NYSE:SHW) produces, markets, and distributes paints, coatings, and related materials serving professional, industrial, commercial, and retail clients.
