US companies with 25+ years of dividend increases
Well-known US companies that have raised their dividend every year for at least 25 years but not yet 50 (the 50+ group has its own page).
General information, not financial advice. No prices or yields on this page: those change every day and live in the app.
Twenty-five years of dividend raises is the threshold S&P Dow Jones Indices uses for the S&P 500 Dividend Aristocrats: an S&P 500 member that has increased its dividend every year for at least 25 consecutive years and meets the index's size and liquidity rules1. That makes “25 years” one of the most-searched marks among dividend investors. This page lists well-known US companies with a raise streak of 25 to 49 years, each checked against the company's own latest release. Where a company says it is in the S&P 500 Dividend Aristocrats index, the page says so; other companies here may or may not be index members. A long record of raises shows how a board has treated the dividend in good years and bad; it doesn't promise anything about the future. Today's yield is in the app, linked under each company.
How to read this page. Companies are listed alphabetically. The raise streak is 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.
Aflac
AFL- What it does
- Supplemental health and life insurance in the US and Japan.
- Pays
- Quarterly.
- Raise streak
- 43 years2. The first-quarter 2026 dividend rose 5.2%, from $0.58 to $0.61, which Aflac counts as its 43rd consecutive year of increases3.
Air Products
APD- What it does
- Industrial gases such as hydrogen, oxygen and nitrogen, for industry and healthcare.
- Pays
- Quarterly.
- Raise streak
- 44 years2. In January 2026 the quarterly dividend rose to $1.81, the company's 44th consecutive year of dividend increases4.
Caterpillar
CAT- What it does
- Construction and mining equipment, engines and turbines.
- Pays
- Quarterly.
- Raise streak
- 32 years2. In June 2026 the quarterly dividend rose 8%, from $1.51 to $1.63. Caterpillar “has paid higher annual dividends to shareholders for 32 consecutive years”5.
- Dividend facts
- Caterpillar says it is a member of the S&P 500 Dividend Aristocrats5.
Chevron
CVX- What it does
- Integrated oil and gas company: production, refining and chemicals.
- Pays
- Quarterly.
- Raise streak
- 39 years2. In January 2026 the quarterly dividend rose 4%, from $1.71 to $1.78, its 39th consecutive annual increase6.
Ecolab
ECL- What it does
- Water, hygiene and infection-prevention products and services.
- Pays
- Quarterly.
- Raise streak
- 34 years2. In December 2025 the quarterly dividend rose 12% to $0.73 for 2026, its 34th consecutive annual increase7.
- Dividend facts
- Ecolab has paid cash dividends on its common stock for 89 consecutive years7.
ExxonMobil
XOM- What it does
- Oil and natural gas production, refining and chemicals.
- Pays
- Quarterly.
- Raise streak
- 44 years2. With its third-quarter 2026 results, ExxonMobil declared a $1.07 fourth-quarter dividend (payable December 10 2026) and said it has reached 44 consecutive years of increases in annual dividends per share8.
IBM
IBM- What it does
- Software, consulting and infrastructure (including mainframes).
- Pays
- Quarterly.
- Raise streak
- 31 years2. In April 2026 IBM raised the quarterly dividend to $1.69: “the 31st year in a row that IBM has increased its quarterly cash dividend”9.
- Dividend facts
- The 2026 raise was one cent, from $1.68 (+0.6%)9.
McCormick
MKC- What it does
- Spices, seasonings and condiments.
- Pays
- Quarterly.
- Raise streak
- 40 years2. In November 2025 the quarterly dividend went from $0.45 to $0.48, its 40th consecutive year of increases and its 102nd year of continuous dividend payments10.
- Dividend facts
- McCormick is a member of the S&P 500 Dividend Aristocrats10.
Realty Income
O- What it does
- Real estate investment trust (REIT) that owns single-tenant commercial properties on long-term net leases.
- Pays
- Monthly. Its September 2026 release counts 675 consecutive monthly dividends since the company was founded11.
- Raise streak
- 31 years2. Realty Income says it is a member of the S&P 500 Dividend Aristocrats for having increased its dividend for over 31 consecutive years11.
- Dividend facts
- The September 8 2026 increase, to $0.2715 a month, was its 136th dividend increase11.
Sherwin-Williams
SHW- What it does
- Paints, coatings and related products.
- Pays
- Quarterly.
- Raise streak
- 47 years2. In February 2026 the board declared a quarterly dividend of $0.80, continuing 47 consecutive years of dividend increases12.
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.
- Aflac, “Aflac Incorporated Announces 5.2% Increase in the First Quarter 2026 Dividend” (Nov 2025), https://investors.aflac.com/press-releases/press-release-details/2025/Aflac-Incorporated-Announces-5-2-Increase-in-the-First-Quarter-2026-Dividend/default.aspx ; Zacks, “Aflac's Dividend ... With 43rd Straight Hike”, https://www.zacks.com/stock/news/2789780/aflacs-dividend-ducks-soar-past-the-flock-with-43rd-straight-hike
- Air Products, “Air Products Increases Quarterly Dividend to $1.81 Per Share” (Jan 27 2026, Barchart copy), https://www.barchart.com/story/news/37260037/air-products-increases-quarterly-dividend-to-1-81-per-share ; Air Products, 2025 release (43rd year), https://airproducts.com/company/news-center/2025/01/0122-air-products-increases-quarterly-dividend-for-43rd-consecutive-year
- Caterpillar, “Caterpillar Inc. Increases Dividend” (Jun 10 2026), https://www.caterpillar.com/en/news/corporate-press-releases/h/june-2026-dividends.html ; Barchart copy of the release, https://www.barchart.com/story/news/2408163/caterpillar-inc-increases-dividend
- Chevron, Q4 2025 results (Jan 30 2026, BOE Report copy), https://boereport.com/2026/01/30/chevron-reports-fourth-quarter-2025-results/amp/ ; Dividend Hawk, Chevron dividend increase (Feb 2 2026), https://dividendhawk.blogspot.com/2026/02/chevron-corporation-cvx-dividend.html
- Ecolab, “Ecolab Increases Cash Dividend 12%” (Dec 4 2025), https://www.businesswire.com/news/home/20251204012856/en/Ecolab-Increases-Cash-Dividend-12/ ; Nasdaq copy of the release, https://www.nasdaq.com/press-release/ecolab-increases-cash-dividend-12-2025-12-04
- ExxonMobil, “ExxonMobil Announces Third-Quarter 2026 Results” (Oct 30 2026), https://investor.exxonmobil.com/company-information/press-releases/detail/1213/exxonmobil-announces-third-quarter-2026-results ; BOE Report copy of the release, https://boereport.com/2026/10/30/exxonmobil-announces-third-quarter-2026-results/
- IBM, first-quarter 2026 results (Apr 2026, Quantisnow copy), https://quantisnow.com/insight/ibm-releases-first-quarter-results-6510321 ; MarketBeat, “IBM increases dividend to $1.69 per share” (Apr 23 2026), https://www.marketbeat.com/instant-alerts/international-business-machines-corporation-nyseibm-increases-dividend-to-169-per-share-2026-04-23/
- McCormick, quarterly dividend increase (Nov 18 2025), https://ir.mccormick.com/node/32806 ; McCormick, 2025 results and 2026 outlook (Barchart copy), https://www.barchart.com/story/news/37169363/mccormick-reports-strong-2025-financial-results-and-provides-2026-outlook
- Realty Income, “136th Common Stock Monthly Dividend Increase Declared by Realty Income” (Sep 8 2026, Finviz copy), https://finviz.com/news/389807/136th-common-stock-monthly-dividend-increase-declared-by-realty-income ; Realty Income press release page, https://www.realtyincome.com/investors/press-releases/136th-common-stock-monthly-dividend-increase-declared-realty-income
- Sherwin-Williams, “Sherwin-Williams Declares Dividend of $0.80 per Common Share” (Feb 18 2026), https://investors.sherwin-williams.com/press-releases/press-release-details/2026/Sherwin-Williams-Declares-Dividend-of-0-80-per-Common-Share/default.aspx ; Stock Titan copy of the release, https://www.stocktitan.net/news/SHW/sherwin-williams-declares-dividend-of-0-80-per-common-7v1y8hocrxyp.html