14 Dividend Stock Picks Based on The JUST 100 Companies List 2021

14 dividend paying companies that are listed in The JUST 100 list updated for 2021.
14 Dividend Stock Picks Based on The JUST 100 Companies List 2021 (1)
14 Dividend Stock Picks Based on The JUST 100 Companies List 2021 (1)

This is an update to my previous post where I shared 10 Dividend Stock Picks based on The JUST 100 Companies. In April 2021, I decided to add four more companies to my initial stock picks. Below, you will find updated dividend safety scores for all the companies I initially invested in as well as the four new companies.

The JUST 100 Companies

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 businesses are a greater force for good in the world. It ranks companies in terms of how they invest in employees, treat customers, support communities, reduce environmental impact, and bring 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 2021 Updated 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 14 that are primarily in the real estate, retail, utilities, energy and health care.

Link: M1 Finance Pie | Google Sheets
Number of Dividend Paying Stocks: 14
Dividend Yield: 2.49% (avg)
5Y Performance: 114%*
5Y Growth of $100: $212* (without dividend reinvestment)
*Returns from May 6, 2016, to April 29, 2021.

1) Digital Realty Trust (DLR)

Headquartered in San Francisco, California, and founded in 2001, Digital Realty Trust is a real estate investment trust (REIT). It is in the business of owning, acquiring, developing and operating data centers. It has a market capitalization of $43 billion.

It pays an annual dividend per share of $4.64 and has a dividend yield of 3.03%. It has grown its dividends at the rate of 8% per year over the past 10 years, and has a dividend safety score of 94 (Very Safe) according to Simply Safe Dividends.

Digital Realty Trust has paid uninterrupted dividends for the past 16 years. It pays dividends quarterly in January, March, June and September.

2) Target (TGT)

Headquartered in Minneapolis, Minnesota, and founded in 1902, Target is the eighth largest general merchandise retailer in the United States. It has a market capitalization of $106 billion.

It pays an annual dividend per share of $2.72 and has a dividend yield of 1.28%. It has grown its dividends at the rate of 13% per year over the past 20 years, and has a dividend safety score of 90 (Very Safe) according to Simply Safe Dividends.

Target has paid uninterrupted dividends for the past 49 years. It pays dividends quarterly in March, June, September and December.

3) American Electric Power (AEP)

Headquartered in Columbus, Ohio, and founded in 1906, American Electric Power is in the business of generating and distributing electricity. It delivers electricity to more than five million customers in 11 states. It has a market capitalization of $44 billion.

It pays an annual dividend per share of $2.96 and has a dividend yield of 3.37%. It has grown its dividends at the rate of 1% per year over the past 20 years, and has a dividend safety score of 81 (Very Safe) according to Simply Safe Dividends.

American Electric Power has paid uninterrupted dividends for the past 16 years. It pays dividends quarterly in March, June, September and December.

4) Medtronic (MDT)

Headquartered in Dublin, Ireland, and founded in 1949, Medtronic is in the business of developing, manufacturing, distributing, and selling medical products to hospitals, physicians, clinicians, and patients worldwide. It has a market capitalization of $171 billion.

It pays an annual dividend per share of $2.32 and has a dividend yield of 1.84%. It has grown its dividends at the rate of 14% per year over the past 20 years, and has a dividend safety score of 99 (Very Safe) according to Simply Safe Dividends.

Medtronic has paid uninterrupted dividends for the past 42 years. It pays dividends quarterly in January, April, July and October.

5) 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 $65 billion.

It pays an annual dividend per share of $6.00 and has a dividend yield of 2.05%. It has grown its dividends at the rate of 10% per year over the past 20 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 quarterly in February, May, August, and November.

6) 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 $95 billion.

It pays an annual dividend per share of $4.52 and has a dividend yield of 1.17%. It has grown its dividends at the rate of 9% per year 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 quarterly in March, June, September, and December.

7) 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 $130 billion.

It pays an annual dividend per share of $16.52 and has a dividend yield of 1.91%. It has grown its dividends at the rate of 10% per year over the past 10 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 quarterly in March, June, September, and December.

8) 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 $29 billion.

It pays an annual dividend per share of $2.41 and has a dividend yield of 2.86%. It has grown its dividends at the rate of 9% per year over the past 10 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 quarterly in March, June, September, and December.

9) 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 $14 billion.

It pays an annual dividend per share of $2.72 and has a dividend yield of 2.75%. It has grown its dividends at the rate of 14% per year over the past 20 years, and has a dividend safety score of 80 (Safe) according to Simply Safe Dividends.

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

10) 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 $107 billion.

It pays an annual dividend per share of $10.40 and has a dividend yield of 2.68%. It has grown its dividends at the rate of 17% per year over the past 20 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 20 years. It pays dividends quarterly in March, June, September, and December.

11) 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 $23 billion.

It pays an annual dividend per share of $3.74 and has a dividend yield of 7%. It has grown its dividends at the rate of 13% per year over the past 20 years, and has a dividend safety score of 54 (Borderline Safe) according to Simply Safe Dividends.

ONEOKE has paid dividends uninterrupted for the past 21 years. It pays dividends quarterly in February, May, August, and November.

12) 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 $11 billion.

It pays an annual dividend per share of $1.04 and has a dividend yield of 1.00%. It has grown its dividends at the rate of 8% per year over the past 20 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 6 years. It pays dividends quarterly in January, April, August, and November.

13) 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 $44 billion.

It pays an annual dividend per share of $1.80 and has a dividend yield of 2.11%. It has grown its dividends at the rate of 11% per year over the past 20 years, and has a dividend safety score of 70 (Safe) according to Simply Safe Dividends.

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

14) 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 $21 billion.

It pays an annual dividend per share of $1.12 and has a dividend yield of 0.94%. It has grown its dividends at the rate of 13% per year 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 quarterly in March, June, September, and December.

*All data as of 5/6/2021 from Simply Safe Dividends.


In conclusion, my 14 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.

That said, I invest in lists (or pies) of stocks using M1 Finance. Since I started investing, 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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