Companies that have raised the dividend every year we have data for, and still earn enough to cover it.
60 companies, 59 of them graded
Every company here put through the same five checks on growth and cash generation. A theme can be exciting and still be full of companies that do not make money — this is where that shows.
| MSFT | MICROSOFT CORPORATION | B+ | $3.83T | $516.17 | 28.74 | $331.8B | 40.3% |
| LLY | ELI LILLY AND COMPANY | A+ | $1.11T | $1,183.46 | 39.71 | $79.7B | 33.5% |
| JPM | JPMORGAN CHASE & CO | A+ | $911.9B | $343.06 | 14.69 | $199.4B | 32.6% |
| XOM | Exxon Mobil Corporation | D | $665.6B | $160.59 | 27.04 | $334.2B | 7.6% |
| JNJ | Johnson & Johnson | A+ | $653.6B | $271.22 | 31.46 | $97.9B | 21.5% |
| MA | Mastercard Incorporated | B+ | $504.1B | $567.65 | 31.22 | $35.1B | 46.3% |
| CSCO | CISCO SYSTEMS, INC. | C+ | $420.7B | $106.70 | 31.95 | $63.3B | 21.0% |
| ORCL | Oracle Corporation | D+ | $414.6B | $137.10 | 21.49 | $71.8B | 26.4% |
| COST | COSTCO WHOLESALE CORP /NEW | A | $409.2B | $922.77 | 50.67 | $275.2B | 2.9% |
| CVX | Chevron Corp | C | $403.9B | $204.45 | 19.66 | $215.3B | 9.6% |
| BAC | Bank of America Corporation | B | $396.5B | $56.70 | 13.06 | $121.1B | 27.8% |
| AMAT | APPLIED MATERIALS INC /DE | C+ | $384.9B | $485.00 | 41.85 | $30.8B | 30.1% |
| KO | COCA COLA CO | A+ | $377.8B | $87.81 | 27.61 | $49.3B | 27.8% |
| CAT | CATERPILLAR INC | C+ | $377.7B | $821.58 | 35.35 | $55.9B | 19.4% |
| PG | The Procter & Gamble Company | A+ | $339.9B | $146.23 | 22.09 | $87B | 18.4% |
| UNH | UnitedHealth Group Incorporated | B | $338B | $376.59 | 24.22 | $450.1B | 3.1% |
| MS | MORGAN STANLEY | A | $308.3B | $196.31 | 15.87 | $78B | 25.8% |
| HD | The Home Depot, Inc. | B | $292.5B | $293.20 | 20.52 | $169.2B | 8.4% |
| NVS | Novartis AG | A | $277.6B | $145.46 | 20.34 | $56.7B | -0.1% |
| GS | The Goldman Sachs Group, Inc. | B | $272.4B | $935.45 | 14.44 | $66.2B | 31.7% |
| RTX | RTX CORPORATION | A | $255.3B | $189.40 | 33.35 | $93.5B | 8.3% |
| TMO | THERMO FISHER SCIENTIFIC INC. | A+ | $249.6B | $675.00 | 36.31 | $46.3B | 15.0% |
| AMGN | Amgen Inc. | A+ | $224.2B | $414.61 | 25.75 | $38.1B | 23.0% |
| LIN | Linde plc | C+ | $216.6B | $469.89 | 30.34 | $35.4B | 20.4% |
| IBM | INTERNATIONAL BUSINESS MACHINES CORP | A+ | $212.5B | $225.51 | 19.97 | $69.1B | 15.5% |
| QCOM | QUALCOMM INC/DE | C+ | $212.1B | $201.97 | 23.08 | $44.1B | 21.0% |
| VZ | VERIZON COMMUNICATIONS INC | C+ | $195.6B | $47.08 | 12.26 | $138.9B | 11.6% |
| ADI | ANALOG DEVICES INC | A+ | $190.7B | $393.60 | 46.75 | $13.9B | 29.8% |
| DE | DEERE & CO | C+ | $186.2B | $690.46 | 38.36 | $48B | 10.2% |
| ABT | ABBOTT LABORATORIES | B+ | $176.4B | $101.29 | 28.29 | $45.1B | 13.9% |
| SCCO | SOUTHERN COPPER CORP/ | A+ | $170.1B | $203.92 | 29.94 | $15.8B | 36.0% |
| BLK | BlackRock, Inc. | C+ | $168.3B | $1,086.31 | 26.00 | $27.3B | 24.1% |
| MCD | McDONALD’S CORPORATION | A+ | $167.4B | $236.50 | 19.21 | $27.7B | 31.7% |
| BBVA | BANCO BILBAO VIZCAYA ARGENTARIA, S.A. | not rated | $164.8B | $28.87 | 14.42 | — | — |
| UNP | UNION PACIFIC CORP | A+ | $162.7B | $273.79 | 22.17 | $25.4B | 28.8% |
| DHR | DANAHER CORPORATION | C+ | $157.8B | $224.49 | 39.87 | $25.1B | 15.9% |
| TJX | The TJX Companies, Inc. | A | $143.1B | $130.06 | 24.09 | $62.4B | 9.7% |
| CB | Chubb Limited | A+ | $129.3B | $333.37 | 11.78 | $60.8B | 18.6% |
| PH | PARKER-HANNIFIN CORPORATION | A+ | $123.3B | $978.33 | 34.35 | $21.5B | 17.0% |
| SPGI | S&P Global Inc. | A+ | $119.4B | $403.30 | 25.51 | $15.7B | 30.4% |
| LOW | LOWES COMPANIES INC | C | $106.2B | $189.28 | 16.00 | $90.4B | 7.3% |
| ADP | Automatic Data Processing, Inc. | A+ | $104.7B | $263.67 | 24.10 | $21.9B | 20.1% |
| SYK | STRYKER CORP | A+ | $104.5B | $272.36 | 28.22 | $25.8B | 14.4% |
| PSX | Phillips 66 | B | $102B | $255.75 | 14.61 | $152.2B | 4.7% |
| MCK | McKESSON CORPORATION | A | $101B | $866.64 | 23.23 | $411B | 1.1% |
| HCA | HCA Healthcare, Inc. | A | $96.6B | $435.61 | 15.00 | $76.4B | 8.9% |
| SO | SOUTHERN CO | D | $93.4B | $82.88 | 21.20 | $30.2B | 14.5% |
| USB | US BANCORP \DE\ | A | $92.4B | $59.33 | 11.82 | $29.7B | 27.5% |
| GD | GENERAL DYNAMICS CORPORATION | A | $91.1B | $336.72 | 21.79 | $53.8B | 8.1% |
| PNC | PNC Financial Services Group, Inc. | A | $90B | $225.64 | 12.43 | $25B | 30.6% |
| DUK | Duke Energy CORP | C | $88.4B | $113.35 | 17.36 | $32.5B | 15.8% |
| EMR | EMERSON ELECTRIC CO. | A+ | $88.3B | $158.23 | 38.69 | $18.6B | 13.8% |
| ICE | Intercontinental Exchange, Inc. | A+ | $86.6B | $154.31 | 21.80 | $13.4B | 30.1% |
| WM | WASTE MANAGEMENT INC | A+ | $82.7B | $206.83 | 29.30 | $25.7B | 11.1% |
| MCO | MOODY'S CORPORATION | A+ | $81.2B | $468.70 | 29.72 | $8.2B | 34.3% |
| CMCSA | COMCAST CORPORATION | B | $78.7B | $21.91 | 7.07 | $124.9B | 9.0% |
| ECL | ECOLAB INC. | B+ | $78.3B | $279.49 | 37.52 | $16.8B | 12.6% |
| ITW | ILLINOIS TOOL WORKS INC | A+ | $78.1B | $274.32 | 24.87 | $16.5B | 19.4% |
| TRV | TRAVELERS COMPANIES, INC. | A+ | $75.7B | $363.04 | 9.74 | $49B | 17.0% |
| MSI | Motorola Solutions, Inc. | A+ | $75.6B | $456.88 | 35.97 | $12.2B | 17.4% |
Fundamentals from SEC filings, prices from the last market-data pass. Sort by any column; companies with no figure sort last either way.
Rebuilt from our own data rather than hand-picked: every company raising its dividend for 5 consecutive years or more, paying out under 80% of earnings. Our dividend history begins in 2016, so a streak here is a floor, not the company's record — several of these have raised for decades. A dividend is not a promise, and companies cut them.