US Dividend Kings: 50+ years of dividend raises
Well-known US companies that have raised their dividend every year for at least half a century: how often they pay and what their own 2026 releases say.
General information, not financial advice. No prices or yields on this page: those change every day and live in the app.
“Dividend King” is an informal name for a company that has raised its dividend every year for at least 50 years. Unlike the S&P 500 Dividend Aristocrats (25+ years, with index rules set by S&P Dow Jones Indices1), there is no official Dividend King index, so lists on different sites can differ slightly. A 50-year streak runs through the inflation of the 1970s, the 2008-2009 financial crisis and the 2020 pandemic, and long-term dividend investors often follow these companies for that record. A long streak describes the past; it doesn't promise anything about the future. This page covers twelve of the largest and best-known US Dividend Kings, each with the count from its own latest release. Today's yield and payment dates are in the app, linked under each company.
How to read this page. Companies are listed alphabetically. The raise streak is the number of consecutive years with a higher annual dividend, by the company's own count (the app shows the same number). Amounts are per share, in US dollars.
Abbott Laboratories
ABT- What it does
- Medical devices, diagnostics, nutrition products and branded generic medicines.
- Pays
- Quarterly.
- Raise streak
- 54 years2. Abbott's December 2025 increase (+6.8%, to $0.63 a quarter, paid from February 2026) marked its 54th consecutive year of dividend growth3.
- Dividend facts
- Abbott says the February 2026 payment was its 408th consecutive quarterly dividend since 1924. It is a member of the S&P 500 Dividend Aristocrats3.
Coca-Cola
KO- What it does
- Beverage company behind Coca-Cola, Sprite, Fanta and many other drink brands.
- Pays
- Quarterly.
- Raise streak
- 64 years2. In February 2026 the board approved its 64th consecutive annual dividend increase, from $0.51 to $0.53 a quarter ($2.12 a year)4.
- Dividend facts
- Coca-Cola paid $8.8 billion in dividends in 20254.
Genuine Parts
GPC- What it does
- Distributes automotive replacement parts (NAPA) and industrial parts.
- Pays
- Quarterly.
- Raise streak
- 70 years2. “2026 marks the 70th consecutive year of increased dividends paid to shareholders” (+3.2%, to $4.25 a year)5.
- Dividend facts
- The company has paid a cash dividend every year since going public in 1948. The same February 2026 release announced a plan to separate its automotive and industrial businesses into two public companies5.
Illinois Tool Works
ITW- What it does
- Diversified manufacturer: automotive components, food equipment, welding, construction products and more.
- Pays
- Quarterly.
- Raise streak
- 63 years2. In August 2026 ITW raised its annual dividend 7%, from $6.44 to $6.88 a share; the CEO called it the company's 63rd consecutive annual increase6.
Johnson & Johnson
JNJ- What it does
- Pharmaceuticals and medical technology.
- Pays
- Quarterly.
- Raise streak
- 64 years2. On April 14 2026 J&J announced its “64th Consecutive Year of Dividend Increase”, raising the quarterly dividend 3.1%, from $1.30 to $1.347.
Kimberly-Clark
KMB- What it does
- Personal care and tissue products (Huggies, Kleenex, Scott, Kotex).
- Pays
- Quarterly.
- Raise streak
- 54 years2. In January 2026 the quarterly dividend went from $1.26 to $1.28, “the 54th consecutive year that the company has increased its dividend”8.
- Dividend facts
- Kimberly-Clark has paid a dividend for 92 consecutive years8.
McDonald's
MCD- What it does
- Fast-food restaurant company; most of its restaurants are run by franchisees.
- Pays
- Quarterly.
- Raise streak
- 50 years2. The September 2026 increase (+4%, to $1.93 a quarter) marks its 50th consecutive year of dividend increases, so McDonald's reached 50 years in 20269.
Parker-Hannifin
PH- What it does
- Motion and control technologies for aerospace and industrial markets.
- Pays
- Quarterly.
- Raise streak
- 70 years2. Parker “has increased its annual dividend per share paid to shareholders for 70 consecutive fiscal years” (April 2026: +11%, to $2.00 a quarter)10.
- Dividend facts
- Parker says its record is among the top five longest-running dividend-increase records in the S&P 50010.
PepsiCo
PEP- What it does
- Snacks and beverages (Frito-Lay, Quaker, Pepsi, Gatorade).
- Pays
- Quarterly.
- Raise streak
- 54 years2. 2026 is PepsiCo's 54th consecutive annual dividend increase: the annualized dividend went from $5.69 to $5.92 a share, starting with the June 2026 payment11.
- Dividend facts
- PepsiCo has paid consecutive quarterly cash dividends since 196511.
Procter & Gamble
PG- What it does
- Household and personal care brands (Tide, Pampers, Gillette, Crest and more).
- Pays
- Quarterly.
- Raise streak
- 70 years2. In April 2026 the quarterly dividend rose 3% to $1.0885; P&G “has increased its dividend for 70 consecutive years”12.
- Dividend facts
- P&G “has been paying a dividend for 136 consecutive years”12.
Target
TGT- What it does
- US general-merchandise retailer.
- Pays
- Quarterly.
- Raise streak
- 55 years2. In June 2026 the quarterly dividend rose 1.8%, from $1.14 to $1.16; Target says 2026 is on track to be its 55th consecutive year of a higher annual dividend13.
- Dividend facts
- The September 2026 payment was its 236th consecutive dividend since October 1967, when Target became publicly held13.
Walmart
WMT- What it does
- Retailer running Walmart stores, Sam's Club and online stores in the US and other countries.
- Pays
- Quarterly. Walmart sets an annual dividend each February and pays it in four equal installments ($0.2475 each for fiscal 2027)14.
- Raise streak
- 53 years2. The February 2026 increase (+5%, to $0.99 a year) marked its 53rd consecutive year of dividend increases14.
Not on this page: Some other companies also show 50 or more years in the app, such as Lowe's, Emerson and Colgate-Palmolive. Their latest releases don't state the same count (Lowe's says “more than 25 consecutive years”), so they are left out until the numbers match.
This page is general information, not financial advice. It is not a recommendation to buy, sell or hold any security. Past dividend increases don't guarantee future ones; dividends can be cut or suspended. Check the company's own filings before deciding anything.
Sources (last checked November 7, 2026)
- S&P Dow Jones Indices, S&P Dividend Aristocrats Indices methodology, https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-dividend-aristocrats-indices.pdf
- Raise streaks: Parachute Monkey's dividend records (payment history), checked against the company releases listed on this page.
- Abbott, “Abbott increases quarterly dividend for 54th consecutive year” (Dec 12 2025), https://abbott.mediaroom.com/2025-12-12-Abbott-increases-quarterly-dividend-for-54th-consecutive-year ; Seeking Alpha copy of the release, https://seekingalpha.com/pr/20338253-abbott-increases-quarterly-dividend-for-54th-consecutive-year
- Coca-Cola, “Board of Directors ... Approves 64th Consecutive Annual Dividend Increase” (Feb 19 2026), https://investors.coca-colacompany.com/news-events/press-releases/detail/1152/board-of-directors-of-the-coca-cola-company-elects-new-officer-and-approves-64th-consecutive-annual-dividend-increase ; Finviz, https://finviz.com/news/333171/the-coca-cola-company-ko-raises-annual-dividend-for-64th-consecutive-year-and-appoints-new-vp
- Genuine Parts, Q4 and full-year 2025 results (Feb 17 2026), https://www.genpt.com/2026-02-17-Genuine-Parts-Company-Reports-Fourth-Quarter-and-Full-Year-2025-Results ; Barchart copy of the release, https://www.barchart.com/story/news/251503/genuine-parts-company-reports-fourth-quarter-and-full-year-2025-results
- ITW, “ITW Announces 7% Dividend Increase and $6 Billion Share Repurchase Program” (Aug 7 2026), https://www.barchart.com/story/news/3723884/itw-announces-7-dividend-increase-and-6-billion-share-repurchase-program ; MFN copy of the release, https://mfn.se/all/a/illinois-tool-works/itw-announces-7-dividend-increase-and-6-billion-share-repurchase-program-ed231516
- Johnson & Johnson, “Announces 64th Consecutive Year of Dividend Increase” (Apr 14 2026), https://www.investor.jnj.com/investor-news/news-details/2026/Johnson--Johnson-Announces-64th-Consecutive-Year-of-Dividend-Increase-Raises-Quarterly-Dividend-by-3-1/default.aspx ; SEC Form 8-K, https://www.sec.gov/Archives/edgar/data/200406/000020040626000076/a2026q1exhibit993.htm
- Kimberly-Clark, “Kimberly-Clark Declares Dividend Increase” (Jan 27 2026), https://www.news.kimberly-clark.com/2026-01-27-Kimberly-Clark-Declares-Dividend-Increase ; Barchart copy of the release, https://www.barchart.com/story/news/37244568/kimberly-clark-declares-dividend-increase
- McDonald's, Q4 2026 dividend release (Sep 17 2026), https://corporate.mcdonalds.com/content/dam/sites/corp/nfl/pdf/MCD%20-%20Q4%2726%20Dividend%20Release.pdf ; Finviz, “McDonald's Marks 50 Consecutive Years of Dividend Increases”, https://finviz.com/news/393398/mcdonalds-marks-50-consecutive-years-of-dividend-increases-joining-the-ranks-of-dividend-kings
- Parker, “Parker Increases Quarterly Cash Dividend 11% to $2.00 per Share” (Apr 23 2026), https://investors.parker.com/news-events/press-releases/detail/505/parker-increases-quarterly-cash-dividend-11-to-2-00-per ; Barchart copy of the release, https://www.barchart.com/story/news/1486636/parker-increases-quarterly-cash-dividend-11-to-2-00-per-share
- PepsiCo, “PepsiCo Declares Quarterly Dividend” (May 6 2026), https://www.pepsico.com/newsroom/press-releases/2026/pepsico-declares-quarterly-dividend-0526 ; PepsiCo, February 2026 release (Nasdaq copy), https://www.nasdaq.com/press-release/pepsico-declares-quarterly-dividend-2026-02-04
- Procter & Gamble, dividend release, SEC Form 8-K (Apr 14 2026), https://www.sec.gov/Archives/edgar/data/80424/000008042426000048/pgdividendreleaseapril2026.htm ; MarketChameleon copy of the release, https://marketchameleon.com/PressReleases/i/2284793/PG/pg-declares-dividend-increase-for-april-2026
- Target, “Target Corporation Increases Quarterly Dividend by 1.8 Percent” (Jun 11 2026), https://corporate.target.com/press/release/2026/06/target-corporation-increases-quarterly-dividend-by-1-8-percent ; Finviz copy of the release, https://finviz.com/news/361074/target-corporation-increases-quarterly-dividend-by-18-percent
- Walmart, “Walmart Raises Annual Dividend to $0.99 Per Share Marking 53rd Consecutive Year of Dividend Increases” (Feb 19 2026), https://corporate.walmart.com/news/2026/02/19/walmart-raises-annual-dividend-to-0-99-per-share-marking-53rd-consecutive-year-of-dividend-increases ; MarketChameleon copy of the release, https://marketchameleon.com/PressReleases/i/2252792/WMT/walmart-raises-annual-dividend-to-099-per