These dividend aristocrats also consistently buy back their stocks, says Wolfe

Consistency is what counts when it comes to shareholder returns, according to Wolfe Research. Investors looking for dividends should focus on those who regularly raise their payouts, analyst Chris Senyek said in a note Thursday. For instance, dividend aristocrats have increased their dividends every year for at least 25 years. Those focusing on stock buybacks should look for companies that have reduced their share count on a net basis for a minimum of 10 consecutive years, he said. "These cohorts of stocks have generally outperformed throughout many market environments including economic slowdowns," Senyek said. There are 11 companies that hit both marks: They are dividend aristocrats and consistently buy back shares, he said. Here are some of the names that made the list. Walmart is well-