Dividend increases this week: 16 companies are raising their dividend payouts. These announcements signal financial strength and management confidence.
Companies that regularly raise their dividends demonstrate financial strength and management's confidence in future prospects. Dividend increases signal reliable cash flow generation and thoughtful capital allocation. This week's selections all have a proven track record of annual dividend growth, with each company maintaining at least 5 years of consecutive increases.
A few highlights from this week's list:
- Average dividend increase: 8.0% (median: 6.8%)
- Average dividend streak: 14.9 years (median: 13.5 years)
My strategy focuses on buying, holding, and adding to positions in companies that raise their dividends annually and have the potential to outperform relevant benchmarks over time.
Why Dividend Increases Matter
Dividend increases matter because they're backed by real cash flow, not promises. When a company raises its dividend, it's putting money where its mouth is, demonstrating financial health and management's belief in future prospects. The discipline of consistently growing dividends typically leads to better business decisions and stronger long-term performance. Plus, growing payouts help your investment income stay ahead of inflation.
How I Create the Lists
Additionally, the information presented here is the result of combining multiple data sources: the U.S. Dividend Champions spreadsheet provides the universe of companies I review, and then upcoming dividend announcements. This combination joins data on companies with a track record of consistent dividend growth and the timeliness of their dividend increases. It's important to note that every company on this list has a minimum of 5 years of dividend growth history.
To be considered for this list, a company must offer higher total annual dividends. Although a company might not increase its dividend every calendar year, its overall annual dividend can still grow.
What Is the Ex-Dividend Date?
The ex-dividend date is when you must own shares to qualify for an upcoming dividend or distribution. To be eligible, you must have bought the shares by the end of the preceding business day. For instance, if the ex-dividend date is Tuesday, you must have acquired the shares by the market close on Monday. If the ex-dividend date falls on a Monday (or a Tuesday following a holiday on Monday), you must have purchased the shares by the previous Friday.
Dividend Streak Categories
Here are the definitions of the streak categories that I'll use throughout the piece.
- King: 50+ years.
- Champion/Aristocrat: 25+ years.
- Contender: 10-24 years.
- Challenger: 5+ years.
| Category | Count |
| King | 0 |
| Champion | 2 |
| Contender | 9 |
| Challenger | 5 |
This Week's Dividend Increases
The data is sorted by the ex-dividend date (ascending) and then by the streak (descending):
| Name | Ticker | Streak | Forward Yield | Ex-Div Date | Increase Percent | Streak Category |
| T. Rowe Price Group, Inc. | TROW | 40 | 5.82 | 16-Mar-2026 | 2.36% | Champion |
| Genpact Limited | G | 10 | 1.96 | 16-Mar-2026 | 10.59% | Contender |
| AMETEK, Inc. | AME | 7 | 0.61 | 16-Mar-2026 | 9.68% | Challenger |
| Jackson Financial Inc. Class A Common Stock | JXN | 6 | 3.36 | 16-Mar-2026 | 12.50% | Challenger |
| DT Midstream, Inc. Common Stock | DTM | 6 | 2.53 | 16-Mar-2026 | 7.32% | Challenger |
| Silgan Holdings Inc. | SLGN | 23 | 2.00 | 17-Mar-2026 | 5.00% | Contender |
| Horace Mann Educators Corporation | HMN | 16 | 3.41 | 17-Mar-2026 | 2.86% | Contender |
| Brookfield Corporation Class A Limited Voting Shares | BN | 15 | 0.69 | 17-Mar-2026 | 16.67% | Contender |
| Prologis, Inc. | PLD | 13 | 3.18 | 17-Mar-2026 | 5.94% | Contender |
| Universal Display Corporation | OLED | 10 | 2.03 | 17-Mar-2026 | 11.11% | Contender |
| Ares Management Corporation Class A | ARES | 7 | 5.22 | 17-Mar-2026 | 20.54% | Challenger |
| CSG Systems International, Inc. | CSGS | 14 | 1.70 | 18-Mar-2026 | 6.25% | Contender |
| DBA Sempra | SRE | 23 | 2.84 | 19-Mar-2026 | 2.02% | Contender |
| Republic Bancorp, Inc. – Class A Common Stock | RBCAA | 28 | 2.94 | 20-Mar-2026 | 9.76% | Champion |
| Main Street Capital Corporation | MAIN | 16 | 27.53 | 20-Mar-2026 | 0.00% | Contender |
| Wyndham Hotels & Resorts, Inc. Common Stock | WH | 5 | 2.30 | 20-Mar-2026 | 4.88% | Challenger |
Understanding the Data
Streak: Years of dividend growth history are sourced from the U.S. Dividend Champions spreadsheet.
Forward Yield: The payout rate is calculated by dividing the new payout rate by the current share price.
Ex-Dividend Date: This is the date by which you must own the stock to receive the dividend.
Increase Percent: The percent increase.
Streak Category: This is the company's overall dividend history classification.
Show Me the Money
Here is a table that shows the new and old rates and the percentage increase. The table is sorted by ex-dividend day in ascending order and dividend streak in descending order.
| Ticker | Old Rate | New Rate | Increase |
| TROW | 1.27 | 1.30 | 2.36% |
| G | 0.17 | 0.19 | 10.59% |
| AME | 0.31 | 0.34 | 9.68% |
| JXN | 0.80 | 0.90 | 12.50% |
| DTM | 0.82 | 0.88 | 7.32% |
| SLGN | 0.20 | 0.21 | 5.00% |
| HMN | 0.35 | 0.36 | 2.86% |
| BN | 0.06 | 0.07 | 16.67% |
| PLD | 1.01 | 1.07 | 5.94% |
| OLED | 0.45 | 0.50 | 11.11% |
| ARES | 1.12 | 1.35 | 20.54% |
| CSGS | 0.32 | 0.34 | 6.25% |
| SRE | 0.65 | 0.66 | 2.02% |
| RBCAA | 0.45 | 0.50 | 9.76% |
| MAIN | 0.26 | 0.30 | 0.00% |
| WH | 0.41 | 0.43 | 4.88% |
Additional Metrics
Here are additional metrics related to these companies. Some data points include yearly pricing action and the P/E ratio. The table is sorted the same way as the table above.
| Ticker | Price | 52W Low | 52W High | PE Ratio | % Off Low | % Off High |
| TROW | 89.33 | 77.85 | 118.22 | 16.95 | 15% Off Low | 24% Off High |
| G | 38.76 | 34.79 | 51.28 | 25.32 | 11% Off Low | 24% Off High |
| AME | 224.30 | 145.02 | 242.05 | 31.11 | 55% Off Low | 7% Off High |
| JXN | 107.21 | 64.70 | 123.61 | 66% Off Low | 13% Off High | |
| DTM | 138.86 | 83.30 | 143.67 | 67% Off Low | 3% Off High | |
| SLGN | 42.07 | 36.15 | 57.04 | 13.77 | 16% Off Low | 26% Off High |
| HMN | 42.26 | 38.76 | 48.33 | 14.46 | 9% Off Low | 13% Off High |
| BN | 40.54 | 39.63 | 74.20 | 2% Off Low | 45% Off High | |
| PLD | 134.41 | 85.35 | 143.95 | 44.67 | 57% Off Low | 7% Off High |
| OLED | 98.46 | 93.50 | 163.21 | 106.61 | 5% Off Low | 40% Off High |
| ARES | 103.46 | 100.25 | 195.26 | 83.93 | 3% Off Low | 47% Off High |
| CSGS | 79.82 | 54.65 | 80.67 | 21.03 | 46% Off Low | 1% Off High |
| SRE | 92.80 | 61.90 | 97.45 | 10.03 | 50% Off Low | 5% Off High |
| RBCAA | 68.01 | 56.79 | 78.25 | 8.86 | 20% Off Low | 13% Off High |
| MAIN | 56.67 | 47.00 | 67.77 | 0.00 | 21% Off Low | 16% Off High |
| WH | 74.66 | 69.21 | 93.89 | 0.00 | 8% Off Low | 20% Off High |
Tickers by Yield and Growth Rates
I've organized the table in descending order, allowing investors to prioritize the current yield. Additionally, the table includes some historical dividend growth rates. I've also incorporated the "Chowder Rule," which combines the current yield with the five-year dividend growth rate.
| Ticker | Yield | 1 Yr DG | 3 Yr DG | 5 Yr DG | 10 Yr DG | Chowder Rule |
| MAIN | 27.53 | 4.1 | 5.3 | 4.3 | 3.7 | 31.8 |
| TROW | 5.82 | 2.4 | 1.9 | 7.1 | 9.3 | 12.9 |
| ARES | 5.22 | 20.4 | 22.5 | 22.9 | 17.7 | 27.9 |
| HMN | 3.41 | 2.9 | 3.0 | 3.1 | 3.4 | 6.5 |
| JXN | 3.36 | 14.3 | 13.3 | |||
| PLD | 3.18 | 5.2 | 8.5 | 11.7 | 10.3 | 14.8 |
| RBCAA | 2.94 | 10.3 | 9.8 | 9.4 | 8.6 | 12.3 |
| SRE | 2.84 | 4.1 | 4.1 | 4.5 | 6.4 | 7.3 |
| DTM | 2.53 | 10.4 | 8.2 | |||
| WH | 2.30 | 7.9 | 8.6 | 24.0 | 26.2 | |
| OLED | 2.03 | 12.5 | 14.5 | 24.6 | 26.7 | |
| SLGN | 2.00 | 5.3 | 7.7 | 10.8 | 9.6 | 12.8 |
| G | 1.96 | 11.5 | 10.8 | 11.8 | 13.8 | |
| CSGS | 1.70 | 6.8 | 5.9 | 6.0 | 6.1 | 7.7 |
| BN | 0.69 | 12.5 | -13.7 | -5.6 | 1.3 | -4.9 |
| AME | 0.61 | 10.7 | 12.1 | 11.5 | 13.2 | 12.1 |
Stock Returns Analysis
My investment strategy focuses on identifying stocks that consistently outperform the market and grow their dividend payouts over time. For broad exposure to U.S. equity markets, excluding the REIT sector, I recommend the Schwab U.S. Dividend Equity ETF (SCHD). SCHD features strong historical performance, offers a yield that exceeds that of the S&P 500, and consistently delivers increasing dividends. With over $70 billion in assets, it's an incredibly popular dividend-growth ETF. The ten-year dividend growth rate is one of the four key factors that SCHD tracks in its index.
For more detailed information about stock return calculations for these companies, you can use our Stock Return Calculator with SCHD (our benchmark) pre-loaded for a 10-year analysis. Part 1 includes SCHD and TROW, G, AME, JXN, DTM, SLGN, HMN, BN. Part 2 includes SCHD and PLD, OLED, ARES, CSGS, SRE, RBCAA, MAIN, WH.
The table below shows total return, CAGR, and key risk metrics for this week's tickers over a common period (September 2021 through March 2026), with dividends reinvested. SCHD is included as our benchmark so you can see how each name has performed and how much risk was taken relative to a popular dividend-growth index.
| Ticker | Total Return % | CAGR % | Max Drawdown % | Volatility % | Sharpe | Sortino | Beta |
| JXN | 329.70 | 38.06 | 48.33 | 44.57 | 0.80 | 0.78 | 1.47 |
| DTM | 263.64 | 33.06 | 23.56 | 25.34 | 1.21 | 1.12 | 0.71 |
| MAIN | 93.85 | 15.77 | 27.04 | 21.17 | 0.63 | 0.59 | 0.72 |
| CSGS | 80.32 | 13.93 | 36.75 | 27.96 | 0.41 | 0.44 | 0.66 |
| AME | 73.72 | 13.00 | 27.06 | 21.73 | 0.48 | 0.48 | 0.83 |
| SRE | 60.54 | 11.04 | 31.62 | 33.08 | 0.26 | 0.20 | 0.57 |
| ARES | 60.47 | 11.03 | 43.39 | 37.41 | 0.23 | 0.22 | 1.52 |
| RBCAA | 54.37 | 10.08 | 31.06 | 28.20 | 0.27 | 0.29 | 0.66 |
| BN | 41.71 | 8.02 | 41.86 | 35.08 | 0.16 | 0.14 | 1.43 |
| SCHD | 30.64 | 6.09 | 18.23 | 14.71 | 0.24 | 0.24 | 0.65 |
| HMN | 20.97 | 4.30 | 31.05 | 24.61 | 0.07 | 0.07 | 0.42 |
| PLD | 12.45 | 2.63 | 43.27 | 27.67 | 0.00 | 0.00 | 0.95 |
| WH | 10.37 | 2.21 | 37.16 | 29.75 | -0.01 | -0.01 | 0.99 |
| SLGN | 8.36 | 1.79 | 33.70 | 25.80 | -0.03 | -0.03 | 0.58 |
| G | -19.99 | -4.81 | 41.31 | 28.71 | -0.25 | -0.26 | 0.78 |
| TROW | -51.16 | -14.66 | 57.93 | 31.58 | -0.54 | -0.55 | 1.36 |
| OLED | -51.67 | -14.86 | 58.40 | 44.38 | -0.39 | -0.39 | 1.60 |
Stock Returns Analysis
Using SCHD as the benchmark, over this period it delivered a 30.64% total return, or about 6.09% compounded annually.
Its max drawdown was 18.23% and volatility 14.71%, a solid baseline for dividend-growth investing.
SCHD's beta of 0.65 indicates it tends to move with less swing than the broader market.
Investment highlights:
- Jackson Financial Inc. Class A Common Stock led with 329.70% total return and 38.06% CAGR.
- DT Midstream, Inc. Common Stock also delivered standout returns: 263.64% total return and 33.06% CAGR.
Unusual or notable values:
- Jackson Financial Inc. Class A Common Stock : high beta (1.47) and highest volatility (44.6%) among high-beta names
- DT Midstream, Inc. Common Stock : strong risk-adjusted returns with Sharpe 1.21 and Sortino 1.12
- T. Rowe Price Group, Inc.: max drawdown 57.9%
- Universal Display Corporation: max drawdown 58.4%
Using SCHD as a benchmark helps separate names that have historically rewarded shareholders from those that have not. We call out only the best risk-adjusted performers that beat the benchmark; for the rest, an index fund may be the better fit. The table gives you a clear snapshot of total return, growth rate, and risk to support further due diligence.
I'd enjoy hearing your views in the comments. As always, do your due diligence before making any investment decisions.
