Dividend Contenders
Dividend CategoriesCompanies with 5+ consecutive years of dividend increases
Dividend Contenders List
| # | Company | Sector | Streak |
|---|---|---|---|
| 1 | WMGWarner Music Group | Communication Services | 5 yrs |
| 2 | ALXALEXANDERS INC | Real Estate | 5 yrs |
| 3 | GRMNGarmin | Consumer Discretionary | 5 yrs |
| 4 | TDAYUSA TODAY Co., Inc. | Communication Services | 5 yrs |
| 5 | AATAmerican Assets Trust | Real Estate | 5 yrs |
| 6 | DCIDonaldson Company | Industrials | 5 yrs |
| 7 | GATXGATX | Industrials | 5 yrs |
| 8 | MATXMatson, Inc. | Industrials | 5 yrs |
| 9 | SNXTD Synnex | Information Technology | 5 yrs |
| 10 | DRIDarden Restaurants | Consumer Discretionary | 5 yrs |
| 11 | THOThor Industries | Consumer Discretionary | 5 yrs |
| 12 | IOSPInnospec, Inc. | Materials | 5 yrs |
| 13 | CMCCommercial Metals | Materials | 5 yrs |
| 14 | HWMHowmet Aerospace | Industrials | 5 yrs |
| 15 | TOLToll Brothers | Consumer Discretionary | 5 yrs |
| 16 | CMICummins | Industrials | 5 yrs |
| 17 | AAgilent Technologies | Health Care | 6 yrs |
| 18 | ACNAccenture | Information Technology | 6 yrs |
| 19 | SRSpire | Utilities | 6 yrs |
| 20 | SRJNSpire | Utilities | 6 yrs |
| 21 | QCOMQualcomm | Information Technology | 6 yrs |
| 22 | POWIPower Integrations | Information Technology | 6 yrs |
| 23 | HDHome Depot (The) | Consumer Discretionary | 7 yrs |
| 24 | ORRFORRSTOWN FINANCIAL SERVICES INC | Financials | 7 yrs |
| 25 | NPOEnPro Industries, Inc. | Industrials | 7 yrs |
| 26 | NYTNew York Times Company | Communication Services | 7 yrs |
| 27 | TRVTravelers Companies (The) | Financials | 7 yrs |
| 28 | PAYXPaychex | Industrials | 7 yrs |
| 29 | LOGILOGITECH INTERNATIONAL S.A. | Information Technology | 7 yrs |
| 30 | SBUXStarbucks | Consumer Discretionary | 7 yrs |
| 31 | CORCencora | Health Care | 7 yrs |
| 32 | FCFSFirstCash | Financials | 8 yrs |
| 33 | CASYCasey's General Stores | Consumer Staples | 8 yrs |
| 34 | MAAMid-America Apartment Communities | Real Estate | 8 yrs |
| 35 | WGOWinnebago Industries, Inc. | Consumer Discretionary | 8 yrs |
| 36 | TTCToro | Industrials | 8 yrs |
| 37 | LCIILCI Industries | Consumer Discretionary | 8 yrs |
| 38 | CSCOCisco | Information Technology | 8 yrs |
| 39 | AMATApplied Materials | Information Technology | 8 yrs |
| 40 | GHCGraham Holdings | Consumer Discretionary | 9 yrs |
| 41 | LNTAlliant Energy | Utilities | 9 yrs |
| 42 | BMIBadger Meter, Inc. | Information Technology | 9 yrs |
| 43 | MZTIThe Marzetti Company | Consumer Staples | 9 yrs |
| 44 | NINiSource | Utilities | 9 yrs |
| 45 | OTEXOPEN TEXT CORP | Information Technology | 9 yrs |
| 46 | SFBSServisFirst Bancshares, Inc. | Financials | 9 yrs |
What Are Dividend Contenders?
Dividend Contenders are companies that have increased their annual dividend payments for at least 5 consecutive years (but fewer than 10 years, which would qualify them as Dividend Achievers). This group captures companies in the early stages of building a consistent dividend growth track record.
Billiver identifies Dividend Contenders by analyzing SEC EDGAR filings. This is the broadest dividend growth category and often includes companies that recently initiated or restarted dividend programs.
How We Identify Dividend Contenders
Billiver applies the following data-driven criteria to identify Dividend Contenders from SEC EDGAR filings:
- 1Between 5 and 9 consecutive years of annual dividend increases
- 2Dividend history verified through SEC EDGAR annual filings (10-K)
- 3Year-over-year dividend per share must show a positive increase each year
- 4Companies reaching 10+ years graduate to the Dividend Achievers category
Our data is sourced exclusively from SEC EDGAR filings and updated periodically. Dividend Contenders represent the starting point of long-term dividend growth.
Frequently Asked Questions
Why track Dividend Contenders?
Dividend Contenders represent companies building early momentum in dividend growth. Identifying these companies early can provide opportunities to invest in future Dividend Achievers and Aristocrats at potentially lower valuations, before the broader market recognizes their consistency.
How reliable is a 5-year dividend streak?
A 5-year streak indicates emerging commitment to dividend growth, but it is shorter than what many income-focused investors consider fully established. Companies with 5 to 9 years of increases have weathered at least some economic variation, but they haven't yet proven resilience through a full market cycle.
Can a Dividend Contender become a Dividend Achiever?
Yes. When a Dividend Contender reaches 10 consecutive years of dividend increases, it automatically moves to the Dividend Achievers category on Billiver. This progression is based on SEC EDGAR filing data and happens as soon as the qualifying annual filing is processed.
What types of companies are typically Dividend Contenders?
Dividend Contenders often include companies that recently started paying dividends, those that restored dividends after a previous cut, or growth companies transitioning to a more shareholder-friendly capital allocation strategy. You'll find a mix of mid-cap growth companies and larger firms that are newer to consistent dividend payments.
Related Investing Guides
Other Dividend Growth Categories
Disclaimer: This list is for informational and educational purposes only and does not constitute investment advice. Dividend history does not guarantee future payments. Always conduct thorough research before making investment decisions.
"Dividend Aristocrats" is a term commonly associated with S&P Dow Jones Indices LLC. "Dividend Achievers" is a term commonly associated with Nasdaq, Inc. Billiver is not affiliated with, endorsed by, or sponsored by either organization. Category classifications on Billiver are based on our own screening of publicly available data.