5 Future Dividend Kings in the Next 5 Years or Less

In this article, we discuss 5 future dividend kings in the next 5 years or less. If you want to read our detailed analysis of the best dividend kings and the performance of dividend growth stocks, go directly to read 10 Future Dividend Kings in the Next 5 Years or Less. 

5. Pentair plc (NYSE:PNR)

Consecutive Years of Dividend Growth: 48

Pentair plc (NYSE:PNR) is a Minnesota-based water treatment company that offers water solutions and equipment. The company offers a quarterly dividend of $0.23 per share and has a dividend yield of 1.10%, as of May 8. It is one of the best dividend kings of the future as the company has been growing its dividends consistently for the past 48 years.

As of the end of the fourth quarter of 2023, 35 hedge funds owned stakes in Pentair plc (NYSE:PNR), compared with 36 in the previous quarter, as per Insider Monkey’s database. The total value of these stakes is over $1.85 billion. Among these hedge funds, Impax Asset Management was the company’s leading stakeholder in Q4.