Northwest Natural Holding (NWN) and The Marzetti Company (MZTI) are emerging as standout Dividend Kings, each boasting over 50 years of consecutive dividend increases. NWN has been actively expanding its footprint through strategic acquisitions, including a recent $427 million purchase of SiEnergy Natural Gas, which broadens its customer base in Texas. With a 3.69% dividend yield and a projected EPS growth of 10.1% for 2026, NWN’s stock has gained 13% this year, reaching a 52-week high.
On the other hand, Marzetti, known for its specialty food products, has faced a 14% decline in shares this year but remains debt-free, positioning it well amid rising interest rates. The company reported a 3.6% revenue increase year-over-year, with an EPS rise of 13.5%. Its dividend yield stands at 2.9%, supported by a robust growth strategy, including a recent $400 million acquisition.
Both companies exemplify resilience and growth potential, making them attractive options for income-focused investors seeking stable dividend stocks in the current market environment.
Source: fool.com