Will this be the best year ever for the Dividend Heroes?
A 40% Total Return in 2024 as of November 27 led by biggest gainer FIX.
The Dividend Heroes are flying high with a total return of exactly 40% in 2024 based on current stock prices (November 27, 2024). It has been a wild ride this year with especially some very big gainers lately boosting returns.
This means that $100.000 invested equally in all 25 Dividend Heroes is now worth $140.000. With a 40% YTD gain 2024 will most likely be the best year ever for our Heroes.
On a weekly basis Williams-Sonoma (WSM) led all other Dividend Heroes with a 26.8% gain, bringing the Total Return in 2024 to a whopping 75.3%. Another big winner was Griffon Corp (GFF) with a gain of 11.1%. Griffon announced a 20% dividend hike recently, marking 13 consecutive years of increases.
The best performing Dividend Hero in 2024 is Comfort Systems USA with a 146% gain. One stock does even better: Texas Pacific Land Corp (+205%).
The biggest winner in 2024 remains Comfort Systems USA (FIX), the #5 ranked Dividend Hero this year with a 146% gain.
Only one Dividend Hero (we have 109 Heroes this year of which the top 25 are in our Heroes Portfolio) outperforms even Comfort Systems USA: Texas Pacific Land Corp (TPL), ranked as #53 out of 109 for our 2024 annual dividend selection. This stock also happens to have one of the very best dividend growth records in the last decade. Because of its lower rank TPL is not in the official Dividend Heroes Portfolio.
We expect 1 more dividend hike in 2024: Insurer Aflac should announce its annual increase later this year. In 2023 Aflac hiked by 19% marking 41 consecutive years of increased dividends.
We will publish the full selection of Heroes for 2025 on this website at the start of next year.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.