In this article we discuss top 5 dividend kings of 2021. To see a comprehensive list of dividend kings, go to 30 Dividend Kings of 2021 (Part III).
5. Northwest Natural Holding Co (NYSE: NWN)
Dividend Yield: 4.26%
Northwest Natural provides natural gas to residential, commercial and industrial customers in Oregon and Southwest Washington. The company also operates a segment that invests in natural gas pipeline projects. At the end of the third quarter, 14 hedge funds tracked by Insider Monkey held stakes in NWN. The total value of these stakes is $18.27 million.
In November, the company posted Q3 GAAP EPS of -$0.59, beating the Street’s estimate by $0.09. Revenue in the quarter jumped 3.3% to $93.29 million, missing the consensus by about $4 million.
The company has increased its dividend for 65 consecutive years.