These 3 Dividend Stocks Have Rewarded Investors for 60 Years

Many investors rely on income from their investment portfolios, and right now, dividend stocks are one of the best sources of income you can find in the investment world. One sign of success for a dividend stock is its ability to increase its quarterly payout over time, and a select few stocks have put together track records with annual dividend hikes each year for 60 years or more. Let's take a look at these three dividend giants to see whether they deserve a place in your portfolio...

Dover Corp. (NYSE:DOV) is a manufacturer of equipment, components, and systems. It has four main divisions, including fluids, engineered systems, refrigeration and food equipment, and energy. The company celebrated its 60th straight year of boosting its dividend in 2015, with a 5% increase that now pays shareholders $0.42 per share every quarter. That works out to a yield of about 2.6% based on current prices. Northwest Natural Gas (NYSE:NWN) based in Oregon, the company has a 60-year track record of dividend increases, with its latest increase having come earlier this fall. The company tends to make small boosts, with the latest amounting to just 1%, but the $0.4675 per share quarterly dividend adds up to a yield of nearly 4%. American States Water (NYSE:AWR) rewarded shareholders with a 5% dividend increase during the summer, and it now pays $0.224 per share to its investors on a quarterly basis. That works out to a yield of about 2.2%, and marked the 61st straight year of higher dividends.

Source: Motley Fool

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