25 Surprising Stocks Raising Dividends for 25 Years or More

There’s never really a bad time to invest in companies that regularly raise dividends year after year.

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There’s never really a bad time to invest in companies that regularly raise dividends year after year. Reliable dividend growth is a sign of financial strength and a steady source of income in markets both good and bad. According to Richard Turnill, BlackRock’s global chief investment strategist, now is an especially good time to buy as the Federal Reserve continues its campaign to boost interest rates. “[Dividend growers] tend to be more resilient amid rising rates and outperform when rising rates are driven by higher inflation,” he says.

A smart way to identify attractive dividend stocks is to focus on the Dividend Aristocrats, 50 companies in Standard & Poor’s 500-index that have raised dividends for at least 25 years in a row. The biggest Dividend Aristocrats are well known to income investors and feature prominently in many retirement portfolios. (Think AT&T (T (opens in new tab)), Exxon Mobil (XOM (opens in new tab)), Procter & Gamble (PG (opens in new tab)), Coca-Cola (KO (opens in new tab)) and the like.) However, the smaller Dividend Aristocrats tend to fly under the radar. Take a look at 25 surprising companies whose dividends have increased annually for a quarter-century or more.

(Dividend yields and other figures are as of June 20, 2017. Companies are listed in order of market capitalization—share price times total shares outstanding—starting with the highest. Analysts’ ratings provided by Zacks Investment Research. The list of 50 Dividend Aristocrats is maintained by S&P Dow Jones Indices (opens in new tab). Dividend history based on company information and S&P data.)

Dan Burrows
Senior Investing Writer, Kiplinger.com

Dan Burrows is a financial writer at Kiplinger, having joined the august publication full time in 2016.


A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.


Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.


In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics and more.


Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.


Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts.