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David Harrell

May 1, 2026

2:06
Are there any caveats?
2:07
Um, yeah, some caveats here.
2:09
First of all, this is limited to the universe of stocks covered by Morningstar analysts, and that's around 1,500 stocks.
2:16
So it's a subset, you know, of the broader stock universe, so I'm sure there are some, uh, you know, smaller energy and utilities that have increased, you know, 10% a year for five years or more that aren't going to show up 'cause they're simply not covered by Morningstar.
2:33
Um, I'm also looking at the year over year payout, and has that increased by 10%? And that might not align with...
2:43
There might be a stock that raised its dividend by, you know, 10 or 12% in a year, but because of the timing of the raise, it didn't result in a 10% increase in the total dollars per share paid out.
2:56
And I guess, you know, the final sort of caveat is that it's a somewhat arbitrary idea that, you know, you've got this 10% increase in five consecutive calendar years, and maybe it's more important to look at the total, uh, dividend increase over that five-year period.

5 MINS LATER

8:28
So who are these investments suited for?

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