The Elite Club: Companies with 50+ Years of Consistent Dividend Growth
A Dividend King is a company that has increased its dividend consistently for at least 50 consecutive years throughout different economic and market cycles. These mature companies prioritize maintaining and growing their dividend from year to year, making them some of the most stable and reliable dividend payers in the market.
Investors can benefit from both income returns and capital returns with these stocks. Companies that hike dividends tend to be well-established, have strong earnings and cash flow, and solid share growth potential. Defensive stocks, such as those from the consumer, utility, health, and energy industries, dominate this category.
Walmart (WMT) is an example of a Dividend King stock. It has increased its dividend from $0.09 in March 2009 to around $0.25 today, with a quarterly payout. Johnson & Johnson (JNJ) also meets the criteria, increasing its dividend from $0.46 in January 2009 to $1.34 today.
The table below lists 50 Dividend Kings as of September 2026: