What Stock Has the Record for Most Consecutive Dividend Increases?

In a market where companies are heralded for increasing their dividend five years in a row and treasured for boosting it 25 years in a row, one utility company has hiked its dividend distribution for 67 consecutive years.

American States Water Co (NYSE:AWR) is a California-based utility company with the current record for most consecutive dividend increases. The stock has increased its annual distribution every year for the last 67 years. This long run of increases is followed closely behind by several stocks that have increased their dividend distribution for 66 or 65 years. But with the strong financial base American States Water sits on, it is unlikely any of them will topple AWR anytime soon.

Source: Dividend Investor

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