Which companies raise their dividend every year?
A dividend raised through recessions, rate shocks and bad years is a promise a board has kept at real cost. Long runs of increases point to steady cash generation and a management that treats the payout as a commitment.
Updated Sep 27, 2026
198 raised for 10+ years
198 S&P 500 companies have raised their dividend every year for at least ten years, and 53 for 25 years or more. PG has the longest run, 55+ years. Over the past twelve months 80% of dividend payers raised their payout.
The 60 longest runs of increases
Ranked by consecutive years of higher dividends through last year, then by five-year dividend growth. Select a row for its chart. Select a column to sort.
| Company | Run | Years raised | Growth, 5Y | Yield | Payout | Sector | Dividend, 10 years |
|---|---|---|---|---|---|---|---|
| PG Procter & Gamble | 100Decades | 55+ years | +6% a yr | 3.0% | 61% | Consumer Staples | |
| JNJ Johnson & Johnson | 100Decades | 55+ years | +5% a yr | 2.0% | 60% | Health Care | |
| KO Coca-Cola Company (The) | 100Decades | 55+ years | +4% a yr | 2.4% | 58% | Consumer Staples | |
| MO Altria | 99Decades | 55+ years | +4% a yr | 6.5% | 77% | Consumer Staples | |
| PEP PepsiCo | 99Decades | 53+ years | +7% a yr | 4.6% | 76% | Consumer Staples | |
| EMR Emerson Electric | 99Decades | 53+ years | +1% a yr | 1.4% | 51% | Industrials | |
| CL Colgate-Palmolive | 99Decades | 52+ years | +3% a yr | 2.5% | 61% | Consumer Staples | |
| ED Consolidated Edison | 98Decades | 51 years | +2% a yr | 3.4% | 71% | Utilities | |
| XOM ExxonMobil | 98Decades | 50 years | +3% a yr | 2.6% | 62% | Energy | |
| MCD McDonald's | 98Decades | 49+ years | +7% a yr | 3.1% | 59% | Consumer Discretionary | |
| WMT Walmart | 98Decades | 43 years | +5% a yr | 0.9% | 34% | Consumer Staples | |
| DOV Dover Corporation | 97Decades | 43+ years | +1% a yr | 1.1% | 24% | Industrials | |
| ADP Automatic Data Processing | 97Decades | 42+ years | +12% a yr | 2.6% | 61% | Industrials | |
| TGT Target Corporation | 97Decades | 42+ years | +11% a yr | 2.9% | 58% | Consumer Staples | |
| BDX Becton Dickinson | 97Decades | 42 years | +7% a yr | 2.3% | 56% | Health Care | |
| PPG PPG Industries | 96Decades | 42+ years | +6% a yr | 2.8% | 39% | Materials | |
| GPC Genuine Parts Company | 96Decades | 42+ years | +5% a yr | 3.3% | 64% | Consumer Discretionary | |
| CLX Clorox | 96Decades | 42 years | +3% a yr | 6.0% | 88% | Consumer Staples | |
| APD Air Products | 96Decades | 42+ years | 0% a yr | 2.6% | 57% | Materials | |
| AFL Aflac | 95Decades | 41+ years | +16% a yr | 2.1% | 26% | Financials | |
| SHW Sherwin-Williams | 95Decades | 40+ years | +12% a yr | 1.0% | 30% | Materials | |
| GWW W. W. Grainger | 95Decades | 40+ years | +8% a yr | 0.8% | 24% | Industrials | |
| ECL Ecolab | 95Decades | 40+ years | +7% a yr | 1.0% | 36% | Materials | |
| NDSN Nordson Corporation | 94Decades | 39+ years | +16% a yr | 1.2% | 32% | Industrials | |
| CINF Cincinnati Financial | 94Decades | 39 years | +8% a yr | 2.3% | 16% | Financials | |
| ATO Atmos Energy | 94Decades | 38 years | +9% a yr | 2.5% | 57% | Utilities | |
| ITW Illinois Tool Works | 94Decades | 38 years | +7% a yr | 2.5% | 58% | Industrials | |
| CVX Chevron Corporation | 93Decades | 38 years | +6% a yr | 3.5% | 110% | Energy | |
| FRT Federal Realty Investment Trust | 93Decades | 38+ years | −5% a yr | 4.2% | 96% | Real Estate | |
| MDT Medtronic | 93Decades | 37 years | +4% a yr | 3.2% | 82% | Health Care | |
| GD General Dynamics | 93Decades | 34 years | +7% a yr | 1.9% | 36% | Industrials | |
| LIN Linde plc | 92Decades | 33+ years | +9% a yr | 1.4% | 39% | Materials | |
| RTX RTX Corporation | 92Decades | 33 years | +7% a yr | 1.5% | 47% | Industrials | |
| WST West Pharmaceutical Services | 92Decades | 33 years | +6% a yr | 0.2% | 11% | Health Care | |
| BRO Brown & Brown | 92Decades | 32 years | +12% a yr | 1.1% | 20% | Financials | |
| CAT Caterpillar Inc. | 91Decades | 32 years | +7% a yr | 0.8% | 30% | Industrials | |
| ROST Ross Stores | 91Decades | 31+ years | +42% a yr | 0.8% | 21% | Consumer Discretionary | |
| NEE NextEra Energy | 91Decades | 31 years | +10% a yr | 3.3% | 54% | Utilities | |
| ESS Essex Property Trust | 91Decades | 31+ years | −2% a yr | 3.8% | 177% | Real Estate | |
| IBM IBM | 90Decades | 30 years | +2% a yr | 3.0% | 82% | Information Technology | |
| CAH Cardinal Health | 90Decades | 30 years | −5% a yr | 0.9% | 29% | Health Care | |
| EXPD Expeditors International | 90Decades | 29 years | +8% a yr | 0.9% | 26% | Industrials | |
| CHD Church & Dwight | 90Decades | 29 years | +4% a yr | 1.3% | 38% | Consumer Staples | |
| O Realty Income | 89Decades | 29 years | +2% a yr | 5.9% | 247% | Real Estate | |
| SJM J.M. Smucker Company (The) | 89Decades | 28 years | +4% a yr | 3.7% | 33% | Consumer Staples | |
| SWK Stanley Black & Decker | 89Decades | 28 years | +3% a yr | 3.7% | 146% | Industrials | |
| SYK Stryker Corporation | 89Decades | 27 years | +8% a yr | 1.3% | 38% | Health Care | |
| ADM Archer Daniels Midland | 88Decades | 27 years | +7% a yr | 2.6% | 99% | Consumer Staples | |
| LOW Lowe's | 88Decades | 26 years | +16% a yr | 2.6% | 42% | Consumer Discretionary | |
| CASY Casey's | 88Decades | 26 years | +11% a yr | 0.4% | 13% | Consumer Staples | |
| ES Eversource Energy | 88Decades | 26 years | +6% a yr | 4.9% | 71% | Utilities | |
| ALB Albemarle Corporation | 87Decades | 26 years | +1% a yr | 1.5% | 3% | Materials | |
| SO Southern Company | 87Decades | 25 years | +3% a yr | 3.7% | 63% | Utilities | |
| NKE Nike, Inc. | 87Long run | 24 years | +10% a yr | 4.6% | 99% | Consumer Discretionary | |
| LHX L3Harris | 87Long run | 24 years | +7% a yr | 2.1% | 48% | Industrials | |
| HRL Hormel Foods | 86Long run | 24 years | +5% a yr | 5.9% | 95% | Consumer Staples | |
| LMT Lockheed Martin | 86Long run | 23 years | +6% a yr | 2.7% | 51% | Industrials | |
| XEL Xcel Energy | 86Long run | 22 years | +10% a yr | 3.4% | 62% | Utilities | |
| ADI Analog Devices | 86Long run | 22+ years | +10% a yr | 1.1% | 52% | Information Technology | |
| NOC Northrop Grumman | 85Long run | 22 years | +10% a yr | 1.9% | 31% | Industrials |
How to read this page
How it’s measured. Regular dividends per share by calendar year, adjusted for splits, for S&P 500 companies. A year counts as a raise if the year’s total or the year-end rate is higher than the year before. Special dividends are left out.
Sources. Dividend records from Financial Modeling Prep.
Runs are counted from the dividend history we hold; where it starts, a run is shown with a plus sign. Companies formed by spin-offs or mergers can show shorter runs than their official records.
A long run does not guarantee the next raise. Payout above 100% of earnings means the dividend is not covered by profits.
This page is information, not investment advice. About our data and methods ›