Five Dividend Kings Beat Q2 Earnings, Offering Defensive Bargains

Earnings

โดย 24/7 Wall St.·

Summary · why it matters

Five Dividend Kings—companies with at least 50 consecutive years of dividend increases—beat second-quarter earnings estimates, making them defensive picks in a frothy market. The 58 companies that made the cut for the 2026 Dividend Kings list have increased their dividends for 50 consecutive years. American States Water posted Q2 EPS of $1.09, up from $0.87 a year earlier, and raised its quarterly dividend by 8.2%, extending its streak to 70 years. California Water Service reported net income of $56.5 million, or $0.93 per share, up from $42 million, backed by new rate cases and infrastructure investments, and has raised its dividend for 77 years. Coca-Cola, a long-time Warren Buffett holding, reported second-quarter revenue of $13.37 billion and comparable EPS of $0.97, beating expectations, and raised its full-year earnings growth forecast, marking its 64th straight year of dividend increases. Federal Realty Investment Trust posted Q2 funds from operations of $1.88 per share, beating mid-guidance, with 96% occupancy and its 59th consecutive annual dividend increase. Procter & Gamble earned $1.43 per share, topping the $1.41 estimate, and continued its 70-year streak of dividend increases with a 3% raise in April.