When looking for the best dividend growth stocks, it’s essential to consider companies with a history of consistent dividend increases and the potential for future growth. Here are some well-regarded dividend growth stocks:

1. Johnson & Johnson (JNJ): This healthcare conglomerate has a long history of increasing dividends annually for over five decades. With a diverse portfolio of pharmaceuticals, medical devices, and consumer health products, JNJ is well-positioned for continued growth.
2. Procter & Gamble (PG): PG is a leading consumer goods company with a strong track record of dividend growth. Its portfolio of well-known brands and focus on innovation have contributed to its consistent performance and ability to raise dividends over time.
3. Microsoft Corporation (MSFT): As a technology giant, Microsoft has become one of the top dividend growth stocks in recent years. Its shift towards cloud computing and subscription-based services has driven steady revenue growth, allowing for consistent dividend increases.
4. Abbott Laboratories (ABT): ABT is a diversified healthcare company known for its medical devices, diagnostics, and nutrition products. With a focus on innovation and expanding into emerging markets, Abbott has demonstrated a commitment to growing dividends over time.
5. The Coca-Cola Company (KO): Coca-Cola is a global beverage company with a strong dividend growth track record. Despite challenges in the beverage industry, KO’s strong brand portfolio and global presence continue to support its ability to raise dividends annually.
6. Dividend Aristocrats ETFs: Consider investing in ETFs that track Dividend Aristocrats indexes, which consist of companies with a history of increasing dividends for at least 25 consecutive years. Examples include the ProShares S&P 500 Dividend Aristocrats ETF (NOBL) and the Vanguard Dividend Appreciation ETF (VIG).
7. 3M Company (MMM): MMM is a diversified industrial conglomerate known for its innovation and commitment to shareholder returns. With products ranging from adhesives to healthcare solutions, 3M has a track record of consistent dividend growth.

Remember, while past performance can be an indicator of future success, it’s important to conduct thorough research and consider factors such as company fundamentals, industry trends, and economic conditions before investing in any dividend growth stock. Diversification and a long-term investment horizon are also key principles to consider when building a portfolio of dividend growth stocks.