The Safest Dividend Stocks by Our S.A.F.E. Read

The following is a data-driven screen of the most durable dividend-paying stocks in our coverage universe, long payment histories paired with conservative payout coverage. All figures reflect data as of 2026-06-22 and are refreshed as new information arrives. This is a factual research screen, not a recommendation to buy or sell any security.

1. Motorola Solutions, Inc. (MSI) (Technology). The current annualized yield is 1.22%. Dividendly composite rank: 52/100. The payout ratio of 34% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Technology companies that pay dividends have generally reached a stage of mature cash generation; growth priorities can still compete with payouts.

2. 3M Company (MMM) (Industrials). The current annualized yield is 1.94%. Dividendly composite rank: 52/100. The payout ratio of 36% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Industrial dividends may be more sensitive to economic cycles and capital spending demands.

3. General Dynamics Corporation (GD) (Industrials). The current annualized yield is 1.82%. Dividendly composite rank: 55/100. The payout ratio of 38% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Industrial dividends may be more sensitive to economic cycles and capital spending demands.

4. HP Inc. (HPQ) (Technology). The current annualized yield is 5.11%. Dividendly composite rank: 74/100. The payout ratio of 43% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Technology companies that pay dividends have generally reached a stage of mature cash generation; growth priorities can still compete with payouts.

5. Merck & Co., Inc. (MRK) (Healthcare). The current annualized yield is 2.99%. Dividendly composite rank: 61/100. The payout ratio of 45% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments.

6. Johnson & Johnson (JNJ) (Healthcare). The current annualized yield is 2.35%. Dividendly composite rank: 60/100. The payout ratio of 46% leaves meaningful room for the dividend to be maintained or grown from current earnings. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments.

7. RTX Corporation (RTX) (Industrials). The current annualized yield is 1.57%. Dividendly composite rank: 51/100. At a payout ratio of 53%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Industrial dividends may be more sensitive to economic cycles and capital spending demands.

8. CenterPoint Energy, Inc. (CNP) (Utilities). The current annualized yield is 2.15%. Dividendly composite rank: 62/100. At a payout ratio of 55%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Utilities tend to carry regulated revenue streams that can support steady dividends, though they are sensitive to interest-rate movements.

9. American Electric Power Company, Inc. (AEP) (Utilities). The current annualized yield is 2.98%. Dividendly composite rank: 63/100. At a payout ratio of 56%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Utilities tend to carry regulated revenue streams that can support steady dividends, though they are sensitive to interest-rate movements.

10. Consolidated Edison, Inc. (ED) (Utilities). The current annualized yield is 3.34%. Dividendly composite rank: 72/100. At a payout ratio of 58%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Utilities tend to carry regulated revenue streams that can support steady dividends, though they are sensitive to interest-rate movements.

11. International Business Machines Corporation (IBM) (Technology). The current annualized yield is 2.71%. Dividendly composite rank: 57/100. At a payout ratio of 59%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Technology companies that pay dividends have generally reached a stage of mature cash generation; growth priorities can still compete with payouts.

12. DTE Energy Company (DTE) (Utilities). The current annualized yield is 3.16%. Dividendly composite rank: 69/100. At a payout ratio of 60%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Utilities tend to carry regulated revenue streams that can support steady dividends, though they are sensitive to interest-rate movements.

13. Exxon Mobil Corporation (XOM) (Energy). The current annualized yield is 2.99%. Dividendly composite rank: 62/100. At a payout ratio of 60%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Energy-sector dividends can be closely tied to commodity prices and capital expenditure cycles.

14. The Procter & Gamble Company (PG) (Consumer Defensive). The current annualized yield is 2.90%. Dividendly composite rank: 57/100. At a payout ratio of 62%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments.

15. Honeywell International Inc. (HON) (Industrials). The current annualized yield is 2.08%. Dividendly composite rank: 56/100. At a payout ratio of 63%, the dividend consumes a significant share of earnings; coverage remains within the range common among established dividend payers. The company has paid a dividend for approximately 56 consecutive years, a measure of consistency, though past continuity does not guarantee future payments. Industrial dividends may be more sensitive to economic cycles and capital spending demands.

This list is generated mechanically from current data and the Dividendly model. Dividend payments are not guaranteed. Past payment history is not a promise of future payments. Yields fluctuate with share price. This content is informational only and does not constitute investment advice.