As the new year begins, income investors are focusing on reliable dividends from Dividend Kings, companies with a track record of dividend increases for at least five decades. By screening for undervalued stocks with strong analyst ratings, Becton Dickinson And Company, Federal Realty Investment Trust, and Nucor Corp emerged as top picks.

Becton Dickinson And Company, a global medical technology leader, saw sales rise 8% to $5.9 billion and net income increase by 23%. With a forward annual dividend of $4.20 and a forward P/E of 14, it is considered undervalued with a “Moderate Buy” rating from analysts.

Federal Realty Investment Trust, a real estate industry leader, reported 6.1% sales growth to $322 million and a flat net income of $61 million. Offering a forward annual dividend of $4.52, yielding 4.5%, and trading at a forward P/E of 13.6, it is a strong bargain with a “Moderate Buy” consensus.

Nucor Corp, a sustainable steel company, saw sales increase 14% to $8.5 billion and net income grow 143% to $607 million. With a forward annual dividend of $2.24, a yield of 1.3%, and trading at 14x earnings, it is highly rated with a “Strong Buy” consensus. These three undervalued Dividend Kings offer reliable income and upside potential for investors.

Read more at Yahoo Finance: 3 Undervalued Dividend Kings Built for Reliable Income in 2026