Investing in Dividend Kings can anchor your portfolio with reliable income streams from battle-tested businesses. These are companies that have raised dividends for at least 50 consecutive years and have weathered recessions, market crashes, geopolitical tensions, and technological shifts, proving their ability to not only survive, but thrive.
The steady growth in their dividend payments compounds wealth over time, turning modest investments into substantial nest eggs. During downturns, payouts cushion against price volatility, enabling reinvested dividends to buy shares cheaply or provide cash flow without forced sales. This disciplined approach rewards long-term holders.
One under-the-radar Dividend King with strong potential to triple your investment within a decade is Nordson (NDSN), a precision engineering leader delivering consistent outperformance.
A Legacy of Innovation and Resilience
Nordson operates the rather boring sounding business of designing and manufacturing precision dispensing, coating, and fluid management systems for adhesives, sealants, polymers, and other materials. Serving diverse industries, including electronics assembly, consumer packaging, automotive, medical devices, and renewable energy, its technologies improve manufacturing efficiency, product quality, and sustainability.
That is the exact sort of business stock market legend Peter Lynch advocated buying. In his investing classic One Up on Wall Street, Lynch said boring companies were often excellent stocks to buy because they are often ignored by Wall Street analysts and institutional investors. Indeed, only 10 analysts cover NDSN, compared to Nvidia (NVDA), which is followed by 54 analysts.
Founded in 1954 and headquartered in Westlake, Ohio, Nordson operates globally in over 35 countries, leveraging a diversified portfolio to mitigate cyclical risks.
The company’s decades-long success stems from heavy R&D investment, strategic acquisitions (such as Atrion in medical fluids), and a focus on high-margin, mission-critical solutions. In fiscal 2025, Nordson achieved record sales of $2.8 billion, with strong contributions from its Advanced Technology Solutions segment, including electronics dispense systems. Operational excellence drove robust free cash flow of $661 million, supporting reinvestment, debt management, and shareholder returns amid varying end-market demand.
An Impressive Dividend and Performance Track Record
NDSN maintains an elite dividend record, with 63 years of consecutive payments and 62 years of annual increases, ranking among the longest streaks for any public company. It has grown payouts at a 13.3% compound annual growth rate (CAGR) for the past decade, but at a near 18% rate in the past five, reflecting an acceleration in earnings momentum. The low payout ratio – around 34% – ensures the dividend is safe with plenty of room for future increases.
In 2025, NDSN delivered solid total returns of 19% compared to 17% by the S&P 500, while over the last 10 years it has generated 320%returns versus 274% by the index, benefiting from operational efficiencies and acquisition integration.
Bottom Line
Not all Dividend Kings are eternal; even long streaks can end, as evidenced by 3M (MMM) slashing its payout in 2024 after over 60 years of increases due to litigation and restructuring challenges. Investors must diligently evaluate fundamentals: earnings quality, balance sheet strength, payout sustainability, competitive moats, and growth prospects. Blindly chasing dividend royalty risks disappointment.
Elite Dividend Kings like NDSN, however, combine proven resilience, accelerating growth, and prudent management to give you the best chance at tripling your portfolio in a decade through patient, reinvested compounding.
— Rich Duprey
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Source: Money Morning