Dividend Kings: Companies With 50+ Years of Dividend Increases
Around 57 U.S.-listed companies have earned the title of Dividend King — a designation reserved for stocks that have increased their dividend every single year for at least 50 consecutive years. Unlike Dividend Aristocrats, which must be members of the S&P 500, Dividend Kings have no index membership requirement. That means the list includes both large-cap household names and smaller companies with extraordinary payout track records.
The sectors most heavily represented among Dividend Kings are industrials, consumer staples, utilities, and healthcare. Notably, no company from the information technology or communications sectors has reached 50+ years of consecutive increases. Some of the longest streaks belong to:
- American States Water (AWR): A California-based water and wastewater utility with dividends paid every year since 1931 and over 70 consecutive annual increases — among the longest streaks on Wall Street.
- Procter & Gamble (PG): A consumer staples giant founded more than 185 years ago as a soap-and-candle maker, paying dividends since 1891.
- Coca-Cola (KO): The Atlanta-based beverage company with operations in some 200 countries and 63+ straight years of dividend growth.
- Stanley Black & Decker (SWK): An industrial toolmaker that has paid dividends for 149 years and increased them for over 55 consecutive years.
- Federal Realty Investment Trust (FRT): The only REIT to achieve Dividend King status, holding the longest consecutive increase streak in the real estate sector.
One especially remarkable case is York Water (YORW), which has delivered quarterly dividends without interruption for more than 210 years — the longest continuous payout streak of any publicly traded U.S. company. While its consecutive increase streak qualifies it as a King, the sheer length of unbroken payments stands alone in American market history.
There is no ETF that tracks Dividend Kings exclusively. The closest broad exposure to long-streak dividend growers is the ProShares S&P 500 Dividend Aristocrats ETF (NOBL), which tracks the S&P 500 Dividend Aristocrats Index — companies with 25+ years of increases that are also S&P 500 members. Every Dividend King satisfies the Aristocrat requirement twice over.
Regulated brokerThe table below lists all Dividend Kings with 50+ year payout streaks, sorted by longevity and primarily traded on U.S. exchanges. The list includes only publicly traded companies, and the presented data (current streak, yield) are regularly updated to reflect the current market situation.
| Stock | Price | Change % | Dividend Rate | Dividend Yield | Marketcap |
|---|---|---|---|---|---|
| $74.75 | 1.06% | 2.06 | 2.76% | 321.74B | |
| $144.28 | 0.39% | 4.23 | 2.93% | 337.14B | |
| $235.37 | 0.94% | 5.20 | 2.21% | 567.22B | |
 3M MMM | $141.20 | 1.06% | 3.12 | 2.21% | 74.37B |
| $85.12 | 0.44% | 2.12 | 2.49% | 68.23B | |
 Exxon Mobil XOM | $159.67 | 0.95% | 4.12 | 2.58% | 665.31B |
| $37.01 | 1.31% | 2.44 | 6.59% | 19.75B | |
 Emerson EMR | $128.15 | 1.35% | 2.22 | 1.73% | 72.06B |
| $67.28 | 2.56% | 3.32 | 4.93% | 10.45B | |
 Pepsico PEP | $150.04 | 1.77% | 5.69 | 3.79% | 205.16B |
 Clorox CLX | $106.15 | 0.44% | 4.96 | 4.67% | 12.95B |
 AT&T T | $28.31 | 2.05% | 1.11 | 3.92% | 200.70B |
Chevron CVX | $201.73 | 0.14% | 7.12 | 3.53% | 403.33B |
 AbbVie ABBV | $205.07 | 0.56% | 6.92 | 3.37% | 362.60B |
McDonald MCD | $308.85 | 0.24% | 7.44 | 2.41% | 220.40B |
| $98.20 | 0.39% | 5.12 | 5.21% | 32.59B | |
Target TGT | $113.26 | 1.06% | 4.56 | 4.03% | 51.29B |
| $257.68 | 1.13% | 6.44 | 2.50% | 74.26B | |
| $303.53 | 2.21% | 3.20 | 1.05% | 75.21B | |
| $9.55 | 2.85% | 0.20 | 2.09% | 1.30B |
