Top 5 Dividend Kings to Buy for Safe Dividend Growth

4. H.B. Fuller Company (NYSE:FUL)

5-Year Average Dividend Growth Rate: 7.72%

On June 17, UBS raised the firm’s price recommendation on H.B. Fuller Company (NYSE:FUL) to $71 from $63. It reiterated a Neutral rating on the shares. The firm said it expects a beat and raise quarter, though the potential Advanced Medical Solutions deal remains an overhang.

On May 27, JPMorgan upgraded FUL to Neutral from Underweight. It kept an unchanged price target of $58. The firm said the company’s near-term share price performance could depend on whether H.B. Fuller moves ahead with the Advanced Medical Solutions transaction or begins a full review of strategic alternatives. JPMorgan cited valuation as the reason for the upgrade.

H.B. Fuller Company (NYSE:FUL) is a pure-play adhesives company. It operates as a formulator, manufacturer, and marketer of adhesives, sealants, and other specialty chemical products.

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