"Most investors are well aware of the distinction between most dividend stocks and dividend aristocrats. The latter group is comprised of companies that have paid out a growing dividend for more than 25 years. Among this group, we have dividend kings, which have paid increasing dividends for more than five decades straight. I'm going to highlight three such companies in this piece."
"And Fortis has been among the leading utilities companies in raising rates, with regulators in its core markets willing to accept such increases as the company makes continuous upgrades to its overall distribution network. Shares of this Canada-based utilities company are up more than 22% on a year-to-date basis, with Fortis regularly doubling the return of the S&P 500 as growth expectations. That's not including the company's 3.5% dividend yield on top of its strong capital return profile."
Dividend aristocrats are companies that have increased their dividends for more than 25 years, while dividend kings have raised payouts for over fifty consecutive years. Investors anticipating future central bank rate cuts may find dividend aristocrats attractive as interest rates decline. Three dividend aristocrats have outperformed the S&P 500 year-to-date, with the index up slightly more than 13% in 2025. Fortis, a Canada-based utilities dividend king, has risen over 22% year-to-date and offers a roughly 3.5% dividend yield. Fortis benefits from rising growth expectations tied to AI-driven power demand and regulator-approved rate increases supporting distribution upgrades.
Read at 24/7 Wall St.
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