Dividend Aristocrats List: All 68, Rated for Safety

The Dividend Aristocrats are the S&P 500 companies that have raised their dividend every year for at least 25 years (S&P Dow Jones Indices keeps the official roster). Each row pairs the streak with today’s numbers from our database: the dividend per share, what it yields at the last close, and how fast the payout actually grew over the last five years.

Membership is the catch. A company can raise for 40 years and still miss this list if it isn’t in the S&P 500, and an Aristocrat that leaves the S&P 500 leaves here too, streak or not. The 5-year growth column shows which members still raise by much.

What Makes a Dividend Aristocrat

A Dividend Aristocrat is an S&P 500 company that has raised its dividend every year for at least 25 years. S&P Dow Jones Indices keeps the roster, reviews it each January and removes a company that stops raising or leaves the S&P 500. There are also minimums for company size and trading volume.

31 of the 68 Aristocrats have raised for 50 years or more, which makes them Dividend Kings too. Every name on this page kept raising through 2020.

How the Dividend Aristocrats List Is Made and Kept

The Dividend Aristocrats are an official index. S&P Dow Jones Indices runs the S&P 500 Dividend Aristocrats: S&P 500 members that have raised their dividend for 25 or more years in a row, plus minimums for company size and daily trading. The roster is reviewed every January. A company that went a year without a raise is dropped, and so is one that leaves the S&P 500, at the same time. ProShares’ NOBL ETF tracks the index, holding each name in roughly equal weight, so a small Aristocrat counts as much as Walmart.

Streak math has edge cases, and the table notes each one on this list. AbbVie counts its years inside Abbott before the 2013 spin-off. Amcor inherits the record of Bemis, which it bought in 2019, and Linde carries Praxair’s. Albemarle did not raise its rate in 2025 but held its streak on annual totals. Kenvue left in November 2026 when Kimberly-Clark acquired it.

The Dividend Kings are the opposite. No one owns that list. It is an unofficial label for 50 or more straight years of raises, any U.S. company, any size, with no S&P 500 rule. That is why small water utilities and regional banks turn up on it next to Coca-Cola.

The 2026 Aristocrats Review

S&P Dow Jones Indices reviews the index each January. Its January and February 2026 notices made no roster changes, so every member that raised in 2025 stayed. The only exit this year came from outside the review: Kenvue left when Kimberly-Clark bought it in November 2026, which brings the list to 68.

The next review is in January 2027. A member that skips its 2026 raise goes then. One that leaves the S&P 500 goes right away. The “raised past year” tile above counts how many rates are up on 13 months ago: 68 of 68 today.

How 25-Year Streaks Survived 2008 and 2020

Every Aristocrat has raised its dividend every year since 2002 or earlier, so each one came through the 2008 crash and the 2020 shutdowns. The longest, like Dover and Procter & Gamble, also raised through the 1970s: the 1973–74 bear market, the early-1970s price controls that asked companies to keep dividend increases small, and inflation above 13% in 1980.

The index shows what a bad year does. A company that cut in 2009 or 2020 was dropped at the next January review, and the names on this page are the ones that weren’t. The middle Aristocrat raised 6.1% in 2020, the year of the shutdowns. In 2022 its raise was 6.7%, short of the 9.1% inflation peak, so the streak held while the raise lost to prices.

Every member is a large S&P 500 company, so the list leans toward businesses that sell the same things in any economy. The biggest groups today: Industrials (15), Consumer Staples (15), Financials (9). Utilities are thinner here than on the Kings list, because many long-raising water and gas utilities are too small for the S&P 500.

What a Dividend Streak Does Not Tell You

The index rule checks one thing: did the dividend go up. It doesn’t ask whether earnings paid for it. 3M and Walgreens were both Dividend Aristocrats until they cut their dividends in 2024, and both were members right up to the cut.

That’s why the table puts the payout’s 5-year growth beside every streak, and why the Dividend Safety Rating column reads what the index skips: payout ratio, cash flow cover and debt.

Read the 5-yr div CAGR column before the streak. The middle Aristocrat grew its payout 6.3% a year from 2020 to 2025. 6 of the 68 with five full years of payments managed less than 2% a year, and the fastest, Fastenal, managed 21.2%.

Some famous long streaks are missing on purpose. Altria has raised for 56 years by its own count and sits in the S&P 500, yet it is not an Aristocrat. The index counts the dividend per share, and Altria’s fell when it spun off Philip Morris International in 2008, so the index streak restarted there. It is still a Dividend King, because that list counts the company’s own record.

What DRIP Does to a Dividend Aristocrat: The Reinvestment Math

Here is the snowball with this list’s own numbers. $10,000 buys 100 shares at $100. The starting yield is 2.4%, close to the Aristocrats’ average today, and the payout grows 6.3% a year, their middle 5-year pace. The price is assumed to grow at that pace too, so the yield stays put.

Spend every payout and the same 100 shares pay $814 a year by year 20. Keep dripping and each quarter’s payout buys more stock, so by year 20 you hold 161.4 shares paying $1,314 a year, with no new money. That’s 13.1% a year on the $10,000 you started with.

Try it on one Aristocrat’s real price and payout history in the DRIP calculator. Already own a few? Add them to a free portfolio with your buy dates, and every payout since fills in with each DRIP share counted, so you never retype a share count.

How to Use This Table

Start with the 5-yr div CAGR column: it is the payout-growth table inside this table. It shows how fast each Aristocrat’s dividend per share grew a year from 2020 to 2025, specials removed, so the members still raising hard stand apart from the ones raising a penny to stay in the index. Rate → Yield is today’s yearly payout per share and its yield at the last close.

The two columns pull against each other. A yield well above the list average with growth under 2% is the pattern to question. A yield under 1% with double-digit growth is a payout still catching up. Every ticker opens its own payment history, and you can add the Aristocrats you own to see each payout land with DRIP shares counted.

Kings vs Aristocrats vs Dividend Growers: Which List Fits

Pick the list by the job. Aristocrats are the one you can buy whole: ProShares’ NOBL holds all of them in about equal weight, and S&P 500 membership means every name is a large, heavily traded company. Dividend Kings go deeper on years, 50 or more, and take small companies too, so water utilities and regional banks show up there and not here. Dividend growers have shorter records but often bigger raises. Visa and Microsoft are still short of 25 years and have raised faster than the median Aristocrat lately.

If the payout covers bills now, a member that raised through 2008 and 2020 earns its place. If you have decades to DRIP, the faster raisers compound on more shares each year. Check this month’s dividend increases to see which Aristocrats just raised, and by how much.

Questions About the Dividend Aristocrats

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