Last updated: Jun 2026 | Data source: SEC EDGAR filings
All 57 Dividend Kings (2026), Ranked by Safety
The complete list of 57 Dividend Kings — companies with 50+ consecutive years of dividend increases — each rated with our proprietary Safety Grade based on Payout Ratio and Free Cash Flow Coverage.
Safety Grade Distribution
Dividend Kings with Safety Scores
Safety Score based on Payout Ratio and Free Cash Flow Coverage.Learn more
| Company | Sector | Years | Payout Ratio | FCF Coverage | Safety | 5Y CAGR |
|---|---|---|---|---|---|---|
| DOVDover Corporation | Industrials | 71 | 26% | 3.9x | A | -4.7% |
| PHParker Hannifin | Industrials | 70 | 24% | 3.9x | A | - |
| CINFCincinnati Financial | Financials | 65 | 22% | 5.9x | A | +1.7% |
| NDSNNordson Corporation | Industrials | 63 | 37% | 3.7x | A | +22.4% |
| ABMABM Industries, Inc. | Industrials | 59 | 40% | 2.4x | A | +13.6% |
| CBSHCommerce Bancshares | Financials | 58 | 27% | 3.9x | A | -2.4% |
| TRTootsie Roll Industries, Inc. | Consumer Staples | 57 | 26% | 3.7x | A | +0.0% |
| FULH.B. Fuller Company | Materials | 57 | 33% | 2.4x | A | +7.4% |
| MSAMSA Safety | Industrials | 56 | 30% | 3.6x | A | -1.7% |
| GWWW. W. Grainger | Industrials | 55 | 27% | 2.9x | A | +2.0% |
| PPGPPG Industries | Materials | 55 | 40% | 1.9x | A | - |
| LOWLowe's | Consumer Discretionary | 54 | 38% | 2.9x | A | +9.1% |
| GRCGORMAN RUPP CO | Industrials | 53 | 47% | 2.9x | A | +5.9% |
| SPGIS&P Global | Financials | 53 | 26% | 4.7x | A | +1.5% |
| UBSIUnited Bankshares | Financials | 53 | 45% | 2.3x | A | +1.6% |
| PNRPentair | Industrials | 50 | 25% | 4.5x | A | +5.6% |
| PGProcter & Gamble | Consumer Staples | 70 | 62% | 1.4x | B | - |
| ITWIllinois Tool Works | Industrials | 56 | 58% | 1.5x | B | +0.9% |
| TGTTarget Corporation | Consumer Staples | 55 | 50% | 1.4x | B | -6.3% |
| TNCTennant Company | Industrials | 54 | 50% | 2.0x | B | +2.4% |
| ABTAbbott Laboratories | Health Care | 54 | 63% | 1.8x | B | +37.5% |
| RLIRLI Corp. | Financials | 52 | 60% | 2.5x | B | - |
| MCDMcDonald's | Consumer Discretionary | 51 | 60% | 1.4x | B | +1.1% |
| AWRAmerican States Water Company | Utilities | 72 | 57% | -0.1x | C | +9.1% |
| NWNNW Natural | Utilities | 71 | 68% | -2.6x | C | -5.1% |
| EMREmerson Electric | Industrials | 69 | 246% | 2.2x | C | +1.0% |
| KOCoca-Cola Company (The) | Consumer Staples | 64 | 67% | 0.6x | C | +6.9% |
| SWKStanley Black & Decker | Industrials | 59 | 125% | 1.4x | C | -2.3% |
| SCLStepan Company | Materials | 58 | 75% | 0.7x | C | +7.5% |
| MOAltria | Consumer Staples | 57 | 100% | 1.3x | C | -1.8% |
| NFGNational Fuel Gas | Utilities | 56 | 36% | 1.0x | C | +9.7% |
| BKHBlack Hills Corporation | Utilities | 55 | 68% | -0.7x | C | +30.3% |
| PEPPepsiCo | Consumer Staples | 54 | 93% | 1.0x | C | +0.9% |
| BDXBecton Dickinson | Health Care | 54 | 71% | 2.2x | C | -2.9% |
| ABBVAbbVie | Health Care | 54 | 276% | 1.5x | C | +30.5% |
| ADMArcher Daniels Midland | Consumer Staples | 53 | 92% | 4.3x | C | +7.2% |
| NUENucor | Materials | 53 | 29% | -0.4x | C | -7.4% |
| MGEEMGE Energy, Inc. | Utilities | 51 | 50% | -1.2x | C | -1.0% |
| GPCGenuine Parts Company | Consumer Discretionary | 70 | 855% | 0.7x | D | -0.4% |
| HRLHormel Foods | Consumer Staples | 60 | 132% | 0.8x | D | +10.3% |
| KMBKimberly-Clark | Consumer Staples | 54 | 293% | 1.0x | D | -2.5% |
| JNJJohnson & Johnson | Health Care | 64 | - | - | N/A | -0.7% |
| CLColgate-Palmolive | Consumer Staples | 63 | - | - | N/A | -2.3% |
| CWTCalifornia Water Service Group | Utilities | 59 | 58% | - | N/A | +3.2% |
| FRTFederal Realty Investment Trust | Real Estate | 59 | - | - | N/A | -4.6% |
| HTOH2O America | Utilities | 58 | 57% | - | N/A | +10.4% |
| SYYSysco | Consumer Staples | 57 | - | - | N/A | -10.2% |
| UVVUniversal Corporation | Consumer Staples | 56 | - | - | N/A | -11.8% |
| EDConsolidated Edison | Utilities | 53 | 58% | - | N/A | - |
| MSEXMiddlesex Water Company | Utilities | 53 | 58% | - | N/A | - |
| BF.BBrown–Forman | Consumer Staples | 53 | - | - | N/A | -21.9% |
| WMTWalmart | Consumer Staples | 53 | - | - | N/A | -15.3% |
| RPMRPM International | Materials | 53 | - | - | N/A | -7.4% |
| FTSFortis Inc. | Utilities | 52 | - | - | N/A | - |
| ADPAutomatic Data Processing | Industrials | 51 | 59% | - | N/A | +17.0% |
| APDAir Products | Materials | 51 | - | -2.4x | N/A | +5.9% |
| MDTMedtronic | Health Care | 50 | - | - | N/A | -4.0% |
Kings by Sector
Dividend Kings by Sector
Real Estate
1 companiesUpcoming Dividend Kings
Companies with 45-49 consecutive years of dividend increases, close to achieving King status.
What Are Dividend Kings?
A Dividend King is a company that has increased its dividend for at least 50 consecutive years. This is the most exclusive tier in dividend investing, representing companies that have maintained growth through multiple recessions, market crashes, and economic downturns spanning over half a century.
Recession Survival Track Record
Every Dividend King has successfully increased dividends through some of the most challenging economic periods in modern history:
- 2008 Financial Crisis: While the S&P 500 fell 57%, Dividend Kings continued raising payouts. Their consistent cash flows provided a buffer that most companies lacked.
- COVID-19 Pandemic (2020): Despite widespread dividend cuts across the market, Kings maintained their streaks — a testament to the resilience of their business models.
- Dot-com Bust, Oil Crises, and More: The longest-tenured Kings have survived every major downturn since the 1970s.
Recent Changes to the List
The Dividend Kings list is not static. Companies that fail to increase their dividends are removed. In 2024, Telephone and Data Systems (TDS) and Leggett & Platt (LEG) lost their King status after cutting their dividends. Meanwhile, companies approaching the 50-year threshold may be added — see the Upcoming Kings section below.
How to Use Safety Grades
A long dividend streak alone does not guarantee safety. Our Safety Grades help you evaluate whether a King can sustain its dividend going forward. Key metrics to watch include the Payout Ratio (what percentage of earnings goes to dividends) and Free Cash Flow Coverage (how many times FCF covers the dividend). A company graded "A" has both a low payout ratio and strong FCF coverage, while a "D" grade signals potential risk.
To achieve 50+ years of consecutive dividend increases, a company must have:
- Strong and consistent cash flow generation
- A business model resilient to economic cycles
- Management committed to shareholder returns
- Competitive advantages that sustain profitability
- Dividend Kings: 50+ years (this page)
- Dividend Aristocrats: 25+ years
- Dividend Achievers: 10+ years
- Dividend Contenders: 5+ years
Learn more in our Dividend Investing Guide or explore how dividend safety is measured.
How We Calculate Dividend Safety
Our Dividend Safety Score combines two key metrics to assess whether a company can sustain its dividend:
Payout Ratio
Dividends Paid / Net Income
Lower is better. Shows what percentage of earnings goes to dividends. Below 50% is considered safe.
FCF Coverage
Free Cash Flow / Dividends Paid
Higher is better. Shows how many times FCF covers dividends. Above 1.5x is considered safe.
- AVery Safe: Payout <50% AND FCF Coverage >1.5x
- BSafe: Payout <65% AND FCF Coverage >1.2x
- CModerate: Payout <80% OR FCF Coverage >1.0x
- DAt Risk: Payout >80% AND FCF Coverage <1.0x
Data source: SEC EDGAR filings. This is for educational purposes only, not investment advice. See our Methodology page for full details.
Frequently Asked Questions
How many Dividend Kings are there in 2026?
As of 2026, there are 57 Dividend Kings. The exact number changes as companies achieve 50 years of consecutive increases or are removed due to dividend cuts. For example, Telephone and Data Systems (TDS) and Leggett & Platt (LEG) were removed in 2024 after cutting their dividends.
What happens if a Dividend King cuts its dividend?
If a Dividend King cuts or freezes its dividend, it loses its King status immediately and must start the streak over. This is rare — these companies have maintained increases through multiple recessions, including the 2008 financial crisis and the COVID-19 pandemic.
Are Dividend Kings good investments?
Dividend Kings have proven track records of financial stability, but past performance does not guarantee future results. Use metrics like Payout Ratio and FCF Coverage (shown above) to assess current dividend safety. Always conduct your own research before making investment decisions.
What is the difference between Dividend Kings and Aristocrats?
Dividend Kings have 50+ years of consecutive increases, while Dividend Aristocrats have 25+ years. All Kings are Aristocrats, but not all Aristocrats are Kings. Kings represent the most exclusive tier of dividend investing.
Which Dividend King has the longest streak?
The longest current streak among Dividend Kings is 72 years. American States Water (AWR) and Dover Corporation (DOV) are consistently among the top for longest consecutive dividend increases.
Related Pages
About This Data
All financial data on this page is sourced directly from SEC EDGAR filings (10-K and 10-Q reports). Dividend King classifications are verified against official S&P Dow Jones Indices criteria. Safety Grades are calculated using our methodology combining Payout Ratio and Free Cash Flow Coverage from the most recent annual filings.
Data is updated quarterly following earnings season. Last data refresh: Jun 2026. See our Methodology page for details on data processing.