The May collection of Dividend Kings grew to 55, with Automatic Data Processing and RLI Corporation joining, despite two companies dropping off for not increasing dividends. Six top-yield Dividend Kings, including Altria and Canadian Utilities, are now fairly priced, with annual dividends from $1K investments exceeding their single-share prices. Analysts predict net gains of 14.7% to 56.86% for the top ten Dividend Kings by yield for the coming year, based on target prices. Among the 55 Dividend Kings, 16 show negative free cash flow margins, making them cash-poor and unsafe for investment.

The S&P 500 has bounced back somewhat after sinking nearly 19% below its previous high following President Trump's "Liberation Day" reciprocal tariffs announcement in April. However, the major index is still in negative territory for the year, along with many stocks.

National Fuel Gas Company (NYSE:NFG ) Q2 2025 Results Conference Call May 1, 2025 9:00 AM ET Company Participants Natalie Fischer - Director, Investor Relations Dave Bauer - President & CEO Tim Silverstein - Treasurer & Principal Financial Officer Justin Loweth - President, Seneca Resources Company, LLC and National Fuel Gas Midstream Company Conference Call Participants Zach Parham - JPMorgan Noah Hungness - Bank of America Greta Drefke - Goldman Sachs John Freeman - Raymond James Geoff Jay - Daniel Energy Partners Timothy Winter - Gabelli & Company Operator Hello, and welcome to the National Fuel Gas Company Q2 Fiscal 2025 Earnings Conference Call. My name is Alex, and I'll be coordinating the call today.