Moody’s Handbook of Dividend Achievers, 1991 edition—one of my favorite bedside thrillers—lists such companies, which is how I know that 134 of them have an unbroken 20-year record of dividend increases, and 362 have a 10-year record. Here’s a simple way to succeed on Wall Street: buy stocks from the Moody’s list, and stick with them as long as they stay on the list. A mutual fund run by Putnam, Putnam Dividend Growth, adheres to this follow-the-dividend strategy.
