Dividend Kings Shine in Q2 Earnings Season
The Dividend Kings have impressed investors in Q2 earnings season, delivering stellar results and forward-looking guidance. These companies are known for their dependability and consistency, having raised dividends for 50 or more consecutive years.
American States Water (NYSE: AWR) is a holding company with segments in water, electric, and contracted services, boasting a reliable 2.35% dividend that has been raised for 70 years.
California Water Service (NYSE: CWT), which has raised its dividend for an impressive 77 years, yielding 2.57%, also reported strong Q2 earnings with net income rising to $56.5 million ($0.93 per share).
Coca-Cola (NYSE: KO) remains a Warren Buffett favorite, posting second-quarter revenue of $13.37 billion and comparable EPS of $0.97, beating expectations.