10 Dividend Stock Picks Based on The JUST 100 Companies List

10 dividend stock picks with average dividend yield of 3.256% and 5 year performance of 64% based on The JUST 100 list.
10 Dividend Stock Picks Based on The JUST 100 Companies List

Founded in 2013 by a group of concerned citizens, JUST Capital is a 501(c)(3) registered charity with a simple mission: ranking businesses based on the issues people care about.

Simply put, it believes that businesses are a greater force for good in the world. It ranks companies based on how they invest in employees, treat customers, support communities, reduce environmental impact, and, deliver value to shareholders.

Tell me more

Every year, JUST Capital publishes The JUST 100 companies in America list. They have published this list since 2016.

Here’s how it works:

  1. They conduct qualitative focus groups and quantitative research on a rolling basis to identify issues Americans care about the most. This allows them to give weight to certain issues relative to their importance.
  2. Then it develops metrics and collects data on how companies in the Russell 1000 Index – the largest, publicly-traded U.S. companies – perform across these issues. These data are used in developing each company’s score and rank. 
  3. After the data is collected, they allow the companies to provide feedback and suggest any revisions.
  4. Last but not least, it creates a list of JUST companies leveraging the research, data, and suggestions that include a rank for each company in every category.

You can learn more about their methodology here.

Why I like this list

I believe that the JUST Capital’s mission is noble and I want to own stock in companies that are good for the world. Also, my portfolio was very tech-heavy and I wanted to diversify. Before I started investing in this list, I didn’t own any stocks in the energy, materials, or utility sector. When I did decide to diversify, I researched and learned about the JUST 100 companies.

Now mind you, I am only investing in companies that are number one in their respective categories.

My Dividend stock picks

As you can already tell, The JUST 100 companies list ranks 100 companies doing right by America. Not all the companies on the list pay dividends. Out of all the companies that pay dividends, I am investing in the following 10 that are primarily in the energy, materials, and utility sectors.

M1 Finance – 10 Stock Picks Based on The JUST 100 Companies List

Link: M1 Finance Pie | Google Sheets
Number of Dividend Paying Stocks: 10
Dividend Yield: 3.256% (avg)
5Y Performance: 64.19%*
5Y Growth of $100: $165* (without dividend reinvestment)
*Returns from August 19, 2015, to August 19, 2020.

1) Air Products and Chemicals (APD)

Headquartered in Allentown, Pennsylvania, and founded in 1940, Air Products and Chemicals sells gases and chemicals for industrial uses. It has a market capitalization of $63 billion.

It pays a dividend per share of $5.36 and has a dividend yield of 1.84%. It has grown its dividends at the rate of 10% over the past 5 years and has a dividend safety score of 95 (Very Safe) according to Simply Safe Dividends.

Air Products and Chemicals has paid dividends uninterrupted for the past 38 years. It pays dividends every quarter in February, May, August, and November.

2) Anthem (ANTM)

Headquartered in Indianapolis, Indiana, and founded in 1944, Anthem is one of the largest providers of health insurance in the United States. It has a market capitalization of $71 billion.

It pays a dividend per share of $3.80 and has a dividend yield of 1.34%. It has grown its dividends at the rate of 9% over the past 5 years and has a dividend safety score of 99 (Very Safe) according to Simply Safe Dividends.

Anthem has paid dividends uninterrupted for the past 9 years. It pays dividends every quarter in March, June, September, and December.

3) BlackRock (BLK)

Headquartered in New York City, New York, and founded in 1988, BlackRock is one of the biggest publicly owned investment managers and has a market capitalization of $90 billion.

It pays a dividend per share of $14.52 and has a dividend yield of 2.45%. It has grown its dividends at the rate of 11% over the past 5 years and has a dividend safety score of 98 (Very Safe) according to Simply Safe Dividends.

BlackRock has paid dividends uninterrupted for the past 17 years. It pays dividends every quarter in March, June, September, and December.

4) Eversource Energy (ES)

Headquartered in Springfield, Massachusetts, and founded in 1927, Eversource Energy is a public utility holding company in the business of delivering energy. It has a market capitalization of $30 billion.

It pays a dividend per share of $2.27 and has a dividend yield of 2.60%. It has grown its dividends at the rate of 6% over the past 5 years and has a dividend safety score of 88 (Very Safe) according to Simply Safe Dividends.

Eversource Energy has paid dividends uninterrupted for the past 21 years. It pays dividends every quarter in March, June, September, and December.

5) Hasbro (HAS)

Headquartered in Pawtucket, Rhode Island, and founded in 1923, Hasbro designs, manufactures, and markets toys, games, interactive software, puzzles, and infant products. It has a market capitalization of $10 billion.

It pays a dividend per share of $2.72 and has a dividend yield of 3.46%. It has grown its dividends at the rate of 10% over the past 5 years and has a dividend safety score of 55 (Borderline Safe) according to Simply Safe Dividends.

Hasbro has paid dividends uninterrupted for the past 18 years. It pays dividends every quarter in February, May, August, and November.

6) Lockheed Martin (LMT)

Headquartered in Bethesda, Maryland, and founded in 1995, Lockheed Martin provides aerospace and security services and is the largest defense contractor in the U.S. with a market capitalization of $109 billion.

It pays a dividend per share of $9.60 and has a dividend yield of 2.46%. It has grown its dividends at the rate of 10% over the past 5 years and has a dividend safety score of 84 (Very Safe) according to Simply Safe Dividends.

Lockheed Martin has paid dividends uninterrupted for the past 19 years. It pays dividends every quarter in March, June, September, and December.

7) ONEOK (OKE)

Headquartered in Tulsa, Oklahoma, and founded in 1906, ONEOK is a leading midstream service provider and owner of one of the nation’s premier natural gas liquids (NGL) systems. It has a market capitalization of $12 billion.

It pays a dividend per share of $3.74 and has a dividend yield of 13.42%. It has grown its dividends at the rate of 9% over the past 5 years and has a dividend safety score of 54 (Borderline Safe) according to Simply Safe Dividends.

ONEOKE has paid dividends uninterrupted for the past 20 years. It pays dividends every quarter in February, May, August, and November.

8) Owens Corning (OC)

Headquartered in Toledo, Ohio, and founded in 1938, Owens Corning manufactures and sells glass fiber reinforcements and other industrial building materials. It has a market capitalization of $7 billion.

It pays a dividend per share of $0.96 and has a dividend yield of 1.42%. It has grown its dividends at the rate of 7% over the past 5 years and has a dividend safety score of 48 (Borderline Safe) according to Simply Safe Dividends.

Owens Corning has paid dividends uninterrupted for the past 5 years. It pays dividends every quarter in January, April, August, and November.

9) Sysco (SYY)

Headquartered in Houston, Texas, and founded in 1969, Sysco is the largest global distributor of food and related products to the foodservice industry. It has a market capitalization of $30 billion.

It pays a dividend per share of $1.80 and has a dividend yield of 3.01%. It has grown its dividends at the rate of 8% over the past 5 years and has a dividend safety score of 55 (Borderline Safe) according to Simply Safe Dividends.

Sysco has paid dividends uninterrupted for the past 51 years. It pays dividends every quarter in January, April, July, and October.

10) Xylem (XYL)

Headquartered in Rye Brook, New York, and founded in 2011, Xylem is a water technology provider to public utilities, commercial buildings and agriculture operations. It has a market capitalization of $14 billion.

It pays a dividend per share of $1.04 and has a dividend yield of 1.31%. It has grown its dividends at the rate of 9% over the past 5 years and has a dividend safety score of 66 (Safe) according to Simply Safe Dividends.

Xylem has paid dividends uninterrupted for the past 9 years. It pays dividends every quarter in March, June, September, and December.

*All data as of 8/19 from Simply Safe Dividends.


In conclusion, my 10 dividend stock picks based on The JUST 100 companies list has some great companies that you should look into if you are considering investing in companies doing right by America.

I started investing in all of the above companies on July 30, 2020. If you would like to know how well the companies have performed since, please subscribe to my newsletter. I share weekly updates.

That said, I invest in lists (or pies) of stocks using M1 Finance. Since I started investing on February 27, 2020, I have created 4 lists (including the one above):

  1. 14 Dividend Stock Picks Based on Harvard Business Review Best CEOs List
  2. 15 Dividend Stock Picks Based on Glassdoor’s Best Places to Work List
  3. 22 Dividend Stock Picks Based on Forbes Most Valuable Brands.

I would love your feedback. What do you think about my stock picks?

Disclaimer: Dividend.Fun is an informational publication and by reading it, you understand that you are not receiving investment advice. By continuing to use this website, you agree that you have read and accepted the disclaimer and understand it.

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