Dividend Lists
Dividend Kings List 2026
U.S. companies that have raised their dividend for 50 or more consecutive years — the most elite tier of dividend reliability.
Updated July 2026 · 55 companies
The 2026 overview
Every company here has raised its dividend for at least 50 straight years — a record that, by definition, has paid a growing income through every recession, rate shock, and market crash of the past half-century. This page tracks 55 of them with live market data, and the longest active streak belongs to AWR (American States Water Company) at 71 years.
Membership clusters in essential-demand businesses — Industrials, Consumer Staples and Utilities lead the list — where steady cash flow funds a rising payout. Not one is a technology or communications company — a 50-year streak predates the modern tech sector, and those businesses have favored buybacks over an unbroken run of raises. The reward for that conservatism shows up as lower volatility rather than headline yield: 42 of the 55 move less than the market, while the median yield sits at just 2.5%.
A long streak is a track record, not a verdict. The charts and each company's Distribution Safety Score below help separate the durable payers — the group runs a 49% median payout ratio, leaving real room to keep raising — from any name propping up a famous streak. None of this is investment advice.
What are Dividend Kings?
Dividend Kings are the longest-tenured dividend growers in the U.S. market: companies that have increased their payout every single year for at least half a century. Surviving five decades of recessions, rate cycles, and industry disruption while still raising the dividend signals exceptional balance-sheet durability and shareholder commitment. Every Dividend King is also a Dividend Aristocrat and Dividend Champion — but only a few dozen companies clear the 50-year bar.
Kings vs. Aristocrats vs. Champions
Three clubs, one axis of difference: how long the increase streak must run, and whether S&P 500 membership is required.
| Kings this page | Aristocrats | Champions | |
|---|---|---|---|
| Streak required | 50+ years | 25+ years | 25+ years |
| Must be in the S&P 500 | No | Yes | No |
| Company size | Any — small-caps included | Large-cap (index rules) | Any — broadest list |
| Overlap | Every King is a Champion | All are Champions too | Contains both groups |
Who this page is for
Best for
- Conservative income investors prioritizing payout reliability over headline yield
- Retirees who want decades-tested dividend durability in core holdings
- Long-term compounders reinvesting a slowly rising income stream
Not a fit for
- Investors chasing high current yield — most Kings yield 1–4%
- Growth investors who prefer non-dividend-paying companies
- Traders looking for short-term momentum
The leaders
The five longest active increase streaks, and the five highest current yields. Every row links to full analysis.
Longest streaks
Streak length distribution
How deep each tier of the streak runs. Crossing the 50-year bar is the entry ticket — the thin top tiers show how rarely a streak survives decades beyond it.
Sector breakdown
How the 55 companies on this list distribute across sectors. Notably, none come from Information Technology or Communication Services — surviving the streak requirement tilts the list toward defensive, essential-demand businesses.
Endurance vs. yield
Every company on one canvas: streak length across, current yield up, bubble sized by market cap. The medians (55 yrs, 2.5%) split the field into quadrants — the gold zone is the rare combination of an above-median streak and above-median income. Hover any bubble for the name and numbers.
The sleep-well factor
Each dot is one company's beta — how hard it moves when the market moves. 42 of the 55 sit left of the market line: historically calmer than the index. That muted volatility, not headline yield, is what long-streak dividend growers are prized for.
Payout headroom
Share of earnings paid out as dividends. The median here is 49%, and only 3 companies pay out more than 75% — the rest keep a real earnings cushion behind the next raise. Coverage like this, not the streak itself, is what keeps a streak alive.
A streak is a track record, not a guarantee
Four things to check before buying anything on streak length alone.
- Token raises can defend a famous streak. A company can keep a 50-year run alive with ~1% bumps while the business stalls — check the dividend growth rate on the ticker page, not just the streak.
- An unusually high yield is a question, not a gift. When one name yields far above the rest of the list, the market is usually pricing in doubt about the payout. Start with payout ratio and cash flow.
- Coverage beats history. Dividends are paid from future earnings, not past discipline — the payout-headroom chart above says more about the next raise than the streak does.
- Survivorship hides the failures. This list only shows streaks that survived; members that froze or cut are quietly gone. Treat membership as a starting screen, then verify each name.
Key terms for reading this list
Income projection
Estimated income at the list's 2.59% average yield. For illustration only — actual income varies by which companies you hold.
| Investment | Annual income | Monthly income | Weekly income |
|---|---|---|---|
| $10,000 | $259 | $22 | $5 |
| $25,000 | $648 | $54 | $12 |
| $50,000 | $1,296 | $108 | $25 |
| $100,000 | $2,591 | $216 | $50 |
All 55 Dividend Kings
Sorted by streak length. Click any column header to re-sort. Tickers link to full analysis.
| Ticker | Company | Sector | Streak | Yield | Distribution Safety Score™ ⓘ | Fwd P/E | Market cap | Price |
|---|---|---|---|---|---|---|---|---|
| AWR | American States Water CompanyWater Utilities | Utilities | 71 | 2.38% | 100 | 22.3 | $3.4B | $89.28 |
| NWN | Northwest Natural Holding Company | Utilities | 70 | 3.92% | 100 | 16.8 | $2.1B | $51.20 |
| DOV | Dover Corp. | Industrials | 69 | 0.98% | 100 | 20.2 | $28.8B | $214.18 |
| EMR | Emerson Electric Co.Industrial Automation | Industrials | 69 | 1.63% | 98 | 18.9 | $77.1B | $139.54 |
| GPC | Genuine Parts CompanyIndustrials | Consumer Discretionary | 69 | 3.46% | 91 | 15.9 | $17.4B | $124.82 |
| PG | The Procter & Gamble CompanyConsumer Products | Consumer Staples | 69 | 2.86% | 100 | 20.8 | $344.7B | $149.98 |
| PH | Parker-Hannifin Corp. | Industrials | 69 | 0.76% | 100 | 27.9 | $120.8B | $953.21 |
| LOW | Lowe's Companies, Inc.Home Improvement Retail | Consumer Discretionary | 65 | 2.29% | 96 | 16.5 | $121.0B | $208.73 |
| CINF | Cincinnati Financial Corp. | Financials | 64 | 2.10% | 100 | 21.0 | $27.3B | $180.79 |
| JNJ | Johnson & JohnsonPharmaceuticals & Medical Devices | Healthcare | 63 | 2.11% | 100 | 22.3 | $600.1B | $253.04 |
| KVUE | Kenvue Inc. | Consumer Staples | 63 | 4.45% | 74 | 16.3 | $35.9B | $18.98 |
| CL | Colgate-Palmolive CompanyPersonal Care & Home Care | Consumer Staples | 62 | 2.27% | 100 | 24.2 | $73.2B | $92.98 |
| FMCB | Farmers & Merchants Bancorp | Financials | 62 | 1.53% | 50 | 11.1 | $935M | $1,330.00 |
| KO | The Coca-Cola CompanyBeverages | Consumer Staples | 62 | 2.52% | 100 | 25.9 | $354.7B | $81.56 |
| MZTI | The Marzetti Company | Consumer Staples | 62 | 3.79% | 65 | 36.1 | $3.1B | $107.14 |
| NDSN | Nordson Corp. | Industrials | 62 | 1.14% | 100 | 22.9 | $16.3B | $288.98 |
| HRL | Hormel Foods CorporationPackaged Foods | Consumer Staples | 60 | 4.66% | 86 | 15.8 | $13.8B | $25.39 |
| TR | Tootsie Roll Industries Inc | Consumer Staples | 59 | 0.90% | 91 | 26.7 | $3.0B | $39.08 |
| MSA | MSA Safety Incorporated | Industrials | 58 | 1.25% | 99 | 19.6 | $6.5B | $171.03 |
| ABM | ABM Industries Incorporated | Industrials | 57 | 2.50% | 98 | 9.1 | $2.7B | $47.58 |
| CBSH | Commerce Bancshares, IncBanking | Financials | 57 | 1.85% | 99 | 12.8 | $8.7B | $59.14 |
| CWT | California Water Service GroupWater Utility | Utilities | 57 | 2.55% | 100 | 19.1 | $3.1B | $51.88 |
| FRT | Federal Realty Investment Trust | Real Estate | 57 | 3.70% | 100 | 41.7 | $10.6B | $126.02 |
| HTO | H2O America | Utilities | 57 | 2.75% | 100 | 22.0 | $2.6B | $65.43 |
| SWK | Stanley Black & Decker, Inc.Tools & Industrial | Industrials | 57 | 3.77% | 97 | 16.0 | $14.1B | $90.17 |
| SYY | Sysco Corp. | Consumer Staples | 56 | 2.68% | 98 | 17.2 | $39.3B | $81.69 |
| FUL | H.B. Fuller Company | Materials | 55 | 1.65% | 95 | 11.5 | $3.1B | $56.96 |
| MO | Altria Group, Inc.Tobacco | Consumer Staples | 55 | 6.01% | 100 | 12.8 | $120.8B | $74.21 |
| NFG | National Fuel Gas Company | Energy | 55 | 2.68% | 95 | 9.0 | $7.6B | $80.94 |
| BKH | Black Hills Corporation | Utilities | 54 | 3.72% | 100 | 17.5 | $5.6B | $74.61 |
| ABBV | AbbVie Inc.Biopharmaceuticals | Healthcare | 53 | 2.83% | 100 | 17.2 | $449.5B | $254.49 |
| ABT | Abbott LaboratoriesMedical Devices & Diagnostics | Healthcare | 53 | 2.82% | 72 | 16.8 | $173.8B | $100.68 |
| BDX | Becton, Dickinson and CompanyMedical Devices | Healthcare | 53 | 2.42% | 98 | 11.4 | $42.7B | $158.17 |
| GRC | The Gorman-Rupp Company | Industrials | 53 | 0.96% | 100 | 30.2 | $2.1B | $79.74 |
| GWW | W.W. Grainger Inc. | Industrials | 53 | 0.66% | 100 | 31.2 | $64.7B | $1,395.01 |
| ITW | Illinois Tool Works Inc.Diversified Manufacturing | Industrials | 53 | 2.37% | 100 | 23.1 | $81.4B | $276.05 |
| MSEX | Middlesex Water CompanyWater Utility | Utilities | 53 | 2.63% | 100 | 28.6 | $1.0B | $57.44 |
| PPG | PPG Industries Inc. | Materials | 53 | 2.46% | 97 | 14.5 | $25.7B | $117.36 |
| TGT | Target Corp.Consumer Staples | Consumer Discretionary | 53 | 3.30% | 100 | 16.5 | $62.8B | $139.60 |
| TNC | Tennant Company | Industrials | 53 | 1.44% | 96 | 17.9 | $1.5B | $86.11 |
| ADM | Archer-Daniels-Midland CompanyAgricultural Processing | Consumer Staples | 52 | 2.50% | 100 | 17.1 | $40.1B | $85.90 |
| FTS | Fortis Inc. | Utilities | 52 | 3.17% | 100 | 22.8 | $29.3B | $58.78 |
| KMB | Kimberly-Clark CorporationPersonal Care Products | Consumer Staples | 52 | 4.77% | 86 | 14.2 | $35.4B | $108.35 |
| NUE | Nucor Corp. | Materials | 52 | 0.95% | 98 | 15.0 | $53.7B | $236.61 |
| PEP | PepsiCo, Inc.Beverages & Snacks | Consumer Staples | 52 | 4.20% | 100 | 16.1 | $190.1B | $137.12 |
| RPM | RPM International Inc.Specialty Coatings | Materials | 52 | 2.10% | 95 | 17.4 | $13.2B | $105.08 |
| SPGI | S&P Global Inc. | Financials | 52 | 0.82% | 85 | 22.9 | $131.1B | $450.84 |
| WMT | Walmart Inc.Retail | Consumer Staples | 52 | 0.86% | 100 | 39.4 | $906.7B | $114.24 |
| ADP | Automatic Data Processing, Inc.Payroll & HR Technology | Industrials | 51 | 2.75% | 81 | 20.7 | $98.9B | $255.27 |
| ED | Consolidated Edison, Inc.Electric & Gas Utility | Utilities | 51 | 3.15% | 100 | 18.3 | $41.2B | $112.37 |
| MGEE | MGE Energy, Inc. | Utilities | 51 | 2.36% | 98 | 25.3 | $3.0B | $81.05 |
| RLI | RLI Corp. | Financials | 51 | 7.99% | 82 | 21.7 | $5.3B | $61.57 |
| UBSI | United Bankshares, Inc. | Financials | 51 | 3.26% | 100 | 13.6 | $6.4B | $47.58 |
| CSL | Carlisle Companies Incorporated | Industrials | 50 | 1.28% | 86 | 15.9 | $14.0B | $345.39 |
| PNR | Pentair Plc | Industrials | 50 | 1.62% | 65 | 14.3 | $10.4B | $62.45 |
Streak = consecutive years of dividend increases (curated). Yield, price, and market cap update with our data pipeline. Safety = Dividend Vision's own Distribution Safety Score™ (0–100), computed by our published scorer from payout coverage, dividend trend, and volatility — the same score shown in the screener and ticker pages. Not investment advice.
ETFs that track the Dividend Kings
Prefer the basket over individual picks? These funds hold Dividend Kings or closely related dividend-growth indices.
Frequently asked questions
How many Dividend Kings are on this list?
This page tracks 55 Dividend Kings with live market data, sorted by the length of their consecutive dividend-increase streak.
What is the average yield of the Dividend Kings?
The average dividend yield across the 55 companies on this list is 2.59%.
How often is this list updated?
Membership is curated from public dividend-streak data; yields, prices, and market caps refresh from our data pipeline. Last updated July 2026.
What is a Dividend King?
A Dividend King is a U.S. company that has increased its dividend for at least 50 consecutive years. It is the most demanding of the common dividend-streak categories — stricter than the 25-year Dividend Aristocrats and Champions.
How many Dividend Kings are there?
Membership changes slowly as companies cross the 50-year mark or break their streak. This page lists the 55 Dividend Kings we currently track with live market data.
Are all Dividend Kings also Dividend Aristocrats?
Every Dividend King has a 50+ year streak, so they all clear the 25-year Aristocrat threshold. However, an Aristocrat must also be a current S&P 500 member, so a handful of smaller Kings are not technically Aristocrats despite their longer streaks.
Why are there no technology Dividend Kings?
A 50-year increase streak has to start before 1976 — older than most of the modern technology sector. Tech and communication companies have also historically favored buybacks and reinvestment over an unbroken half-century of raises, so the list skews toward consumer staples, utilities, industrials, and healthcare.
Is there an ETF that holds only Dividend Kings?
There is no large, pure 50-year ETF, but funds like the Roundhill S&P Dividend Monarchs ETF (KNGZ) target very long-tenured growers, and broad dividend-growth funds such as SCHD hold many Kings alongside other quality payers.
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