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2026 Dividend Kings List | Updated Daily | All 57 Analyzed


Updated on March 6th, 2026 by Bob Ciura
Spreadsheet data updated daily

The Dividend Kings are the best-of-the-best in dividend longevity.

What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.

The downloadable Dividend Kings Spreadsheet List below contains the following for each stock in the index among other important investing metrics:

You can see the full downloadable spreadsheet of all 57 Dividend Kings (along with important financial metrics such as dividend yields, payout ratios, and price-to-earnings ratios) by clicking on the link below:

 

Click here to instantly download your free spreadsheet of all Dividend Kings now, along with important investing metrics.

The Dividend Kings list includes recent additions such as Pentair (PNR), MGE Energy (MGEE), and RLI Corp. (RLI).

Each Dividend King satisfies the primary requirement to be a Dividend Aristocrat (25 years of consecutive dividend increases) twice over.

Not all Dividend Kings are Dividend Aristocrats.

This unexpected result is because the ‘only’ requirement to be a Dividend Kings is 50+ years of rising dividends.

On the other hand, Dividend Aristocrats must have 25+ years of rising dividends, be a member of the S&P 500 Index, and meet certain minimum size and liquidity requirements.

Table of Contents

How To Use The Dividend Kings List to Find Dividend Stock Ideas

The Dividend Kings list is a great place to find dividend stock ideas. However, not all the stocks in the Dividend Kings list make a great investment at any given time.

Some stocks might be overvalued. Conversely, some might be undervalued – making great long-term holdings for dividend growth investors.

For those unfamiliar with Microsoft Excel, the following walk-through shows how to filter the Dividend Kings list for the stocks with the most attractive valuation based on the price-to-earnings ratio.

Step 1: Download the Dividend Kings Excel Spreadsheet.

Step 2: Follow the steps in the instructional video below. Note that we screen for price-to-earnings ratios of 15 or below in the video. You can choose any threshold that best defines ‘value’ for you.

Dividend Kings PE Screen

Alternatively, following the instructions above and filtering for higher dividend yield Dividend Kings (yields of 2% or 3% or higher) will show stocks with 50+ years of rising dividends and above-average dividend yields.

Looking for businesses that have a long history of dividend increases isn’t a perfect way to identify stocks that will increase their dividends every year in the future, but there is considerable consistency in the Dividend Kings.

The 5 Best Dividend Kings Today

The following 5 stocks are our top-ranked Dividend Kings today, based on expected annual returns over the next 5 years. Stocks are ranked in order of lowest to highest expected annual returns.

Total returns include a combination of future earnings-per-share growth, dividends, and any changes in the P/E multiple.

Dividend King #5: Tennant Co. (TNC)

Tennant Company is a machinery company that produces cleaning products and that offers cleaning solutions to its customers.

In the US, the company holds the market leadership position in its industry, but the company also sells its products in more than 100 additional countries around the globe. Tennant was founded in 1870.

The company reported its third quarter earnings results in November. The company announced that it generated revenue of $303 million during the quarter, which was down 4% year-over-year.

Tennant generated adjusted earnings-per-share of $1.46 during the third quarter, which was below analyst estimates.

Management is forecasting that adjusted earnings-per-share will fall into a range of $5.70 to $6.20 in 2025. At the midpoint of the guidance range, $5.95, Tennant’s earnings-per-share would be down around 10%.

Click here to download our most recent Sure Analysis report on TNC (preview of page 1 of 3 shown below):

Dividend King #4: H2O America (HTO)

H2O America, formerly known as SJW Group, is a water utility company that produces, purchases, stores, purifies and distributes water to consumers and businesses in the Silicon Valley area of California, the area north of San Antonio, Texas, Connecticut, and Maine.

It also has a small real estate division that owns and develops properties for residential and warehouse customers in California and Tennessee. The company generates about $670 million in annual revenues.

On July 8th, 2025, H2O America announced that it purchased Quadvest for $540 million. This purchase adds to the company’s position in the Houston area.

Quadvest has 50,500 active connections, almost 91,000 connections under contract and pending development, 50 water treatment plants, 27 wastewater treatment plants, and 89 lift stations and underground assets.

On January 26th, 2026, H2O America raised its quarterly dividend 4.8% to $0.44, extending the company’s dividend growth streak to 58 consecutive years.

On February 25th, 2026, H2O America released fourth quarter and full year results for the period ending December 31st, 2025. For the quarter, revenue declined 1.9% to $194.1 million, which missed estimates by $23.3 million.

Earnings-per-share of $0.45 compared unfavorably to earnings-per-share of $0.74 in the prior year and was $0.07 below expectations.

For the year, revenue grew 7% to $800.6 million while earnings-per-share of $2.92 compared to $2.87 in 2024. Growth for the year was driven by a $67.4 million increase in rates and $1.5 million from new customers offset by an $8 million headwind from regulatory mechanisms and lower by $7.2 million from lower usage.

Operating production expenses totaled $623.1 million, which was an 8% increase from 2024. The increases were due to higher water production expenses and a rise in administrative and general expenses.

H2O America expects to invest more than $2.7 billion in capital from 2026 to 2030 in its wastewater operations.

H2O America provided an outlook for 2026 as well, with the company expecting earnings-per-share in a range of $3.08 to $3.18. At the midpoint, this would be a 7.2% increase from the prior year.

Click here to download our most recent Sure Analysis report on HTO (preview of page 1 of 3 shown below):

Dividend King #3: Automatic Data Processing (ADP)

Automatic Data Processing is one of the largest business services outsourcing companies in the world. The company provides payroll services, human resources technology, and other business operations to more than 700,000 corporate customers.

ADP posted second quarter earnings on January 28th, 2026, and results were better than expected on both the top and bottom lines.

Adjusted earnings-per-share came to $2.62, which was a nickel ahead of estimates, and was up from $2.49 in Q1, and from $2.35 in the year-ago period. Revenue was up 7.2% year-over-year to $5.36 billion, beating estimates by $20 million.

Expenses came to $4.08 billion, which was higher from $3.98 billion in Q1 and $3.88 billion a year earlier. Adjusted EBIT margin was 26.0% of revenue, up from 25.5% in Q1 and from 25.2% a year ago.

The company guided for revenue growth of 6% for this year, adjusted EBIT margin of ~60 basis points, and adjusted diluted earnings-per-share growth of 9% to 10%.

Click here to download our most recent Sure Analysis report on ADP (preview of page 1 of 3 shown below):

Dividend King #2: S&P Global (SPGI)

S&P Global is a worldwide provider of financial services and business information with revenue of about $16.5 billion.

Through its various segments, it provides credit ratings, benchmarks and indices, analytics, and other data to commodity market participants, capital markets, and automotive markets.

S&P Global has paid dividends continuously since 1937 and has increased its payout for 53 consecutive years.

S&P posted fourth quarter and full-year earnings on February 10th, 2026, and results were mixed. The company beat revenue estimates slightly, with the top line rising 9.2% year-over-year to $3.92 billion, $10 million better than expected.

Earnings, however, came to $4.30 per share on an adjusted basis, missing estimates by four cents. Management noted top line growth was strong in all divisions, as revenue from subscription products rose 8% year-over-year.

Earnings were off from $4.73 per share in Q3, but higher year-over-year from $3.77 in last year’s Q4.

Expenses were $2.51 billion, much higher from Q3 and the year-ago period, which were $2.22 billion and $2.33 billion, respectively. Still, that was good enough for operating margin to expand to 47.3% of revenue from 43.6% a year earlier.

Click here to download our most recent Sure Analysis report on SPGI (preview of page 1 of 3 shown below):

Dividend King #1: Stepan Co. (SCL)

Stepan manufactures basic and intermediate chemicals, with surfactants making up most of its revenue. It should do about $2.3 billion in revenue this year.

Stepan is also a Dividend King, having increased its payout for 58 consecutive years. Stepan posted third quarter earnings on October 29th, 2025, and results were quite weak.

Adjusted earnings-per-share came to 48 cents, but that missed estimates widely by 13 cents. Revenue was up 8% year-over-year to $590 million, but also missed by $3.5 million.

Surfactants net sales were $422 million, a 10% increase from the year-ago period. Adjusted EBITDA fell $6.2 million, or 14%, due to volume contraction, higher startup expenses, and rising raw material prices.

Polymers net sales were $144 million, a 4% decline year-over-year. Volume was up 8%, while adjusted EBITDA was down 4%, or $1 million, due to lower unit margins and unfavorable mix.

Consolidated adjusted EBITDA was up $3.1 million, or 6%, year-over-year. Cash from operations was $69.8 million, while free cash flow was $40.2 million driven by reductions in working capital.

The dividend was raised by 2.6%, Stepan’s 58th consecutive annual increase.

Click here to download our most recent Sure Analysis report on SCL (preview of page 1 of 3 shown below):

The Dividend Kings In Focus Series

You can see analysis on every single Dividend King below. The newest Sure Analysis Research Database report for each security is included as well.

Consumer Staples

Industrials

Health Care

Consumer Discretionary

Financials

Materials

Energy

Real Estate

Utilities

Performance Of The Dividend Kings

The Dividend Kings out-performed the S&P 500 ETF (SPY) in February 2026. Return data for the month is shown below:

Stable dividend growers like the Dividend Kings tend to underperform in bull markets and outperform on a relative basis during bear markets.

The Dividend Kings are not officially regulated and monitored by any one company. There’s no Dividend King ETF. This means that tracking the historical performance of the Dividend Kings can be difficult.

More specifically, performance tracking of the Dividend Kings often introduces significant survivorship bias.

Survivorship bias occurs when one looks at only the companies that ‘survived’ the time period in question. In the case of Dividend Kings, this means that the performance study does not include ex-Kings that reduced their dividend, were acquired, etc.

But with that said, there is something to be gained from investigating the historical performance of the Dividend Kings. Specifically, the performance of the Dividend Kings shows that ‘boring’ established blue-chip stocks that increase their dividend year-after-year can significantly outperform over long periods of time.

Notes: S&P 500 performance is measured using the S&P 500 ETF (SPY). The Dividend Kings performance is calculated using an equal weighted portfolio of today’s Dividend Kings, rebalanced annually. Due to insufficient data, Farmers & Merchants Bancorp (FMCB) returns are from 2000 onward. Performance excludes previous Dividend Kings that ended their streak of dividend increases which creates notable lookback/survivorship bias. The data for this study is from Ycharts.

In the next section of this article, we will provide an overview of the sector and market capitalization characteristics of the Dividend Kings.

Sector & Market Capitalization Overview

The sector and market capitalization characteristics of the Dividend Kings are very different from the characteristics of the broader stock market.

The following bullet points show the number of Dividend Kings in each sector of the stock market.

The Dividend Kings are overweight in the Industrials, Consumer Staples, and Utilities sectors. Interestingly, The Dividend Kings have zero stocks from the Information Technology sector, which is the largest component of the S&P 500 index.

The Dividend Kings also have some interesting characteristics with respect to market capitalization. These trends are illustrated below.

Interestingly, 25 out of the 57 Dividend Kings have market capitalizations below $10 billion. This shows that corporate longevity doesn’t have to be accompanied by massive size.

Final Thoughts

Screening to find the best Dividend Kings is not the only way to find high-quality dividend growth stock ideas.

Sure Dividend maintains similar databases on the following useful universes of stocks:

There is nothing magical about investing in the Dividend Kings. They are simply a group of high-quality businesses with shareholder-friendly management teams that have strong competitive advantages.

Purchasing businesses with these characteristics at fair or better prices and holding them for long periods of time will likely result in strong long-term investment performance.

 

Click here to instantly download your free spreadsheet of all Dividend Kings now, along with important investing metrics.

Thanks for reading this article. Please send any feedback, corrections, or questions to support@suredividend.com.



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