25 Companies Raising Their Dividends for 25 Years or More

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3. Exxon Mobil
> Industry: Big Oil, Gas Too!
> Yield: 3.4%
> Years: over 30

Exxon Mobil Corp. (NYSE: XOM) has paid dividends for more than 100 years. Its most recent hike, in mid-2016, marked its 34th consecutive annual one. Shares of Exxon Mobil were trading at $89.99. The company has a total market cap of $372 billion. The consensus price target is $84.43, and the 52-week range is $66.55 to $89.80.

4. Johnson & Johnson
> Industry: Consumer and Health Care Products
> Yield: 2.8%
> Years: over 50

In early 2016, Johnson & Johnson (NYSE: JNJ) hiked its dividend, marking an increase in the quarterly dividend for its 54th consecutive year. Its shares recently traded at $115.00, an all-time high. Its consensus price target is $117.17, and it has a 52-week range of $81.79 to $115.00. The market cap is $316 billion.

5. McDonald’s
> Industry: Fast Food (Casual Dining)
> Yield: 2.7%
> Years: Nearing 40

McDonald’s Corp. (NYSE: MCD) said in January 2016 that it had raised its dividend each and every year since paying its first dividend in 1976. It began paying dividends quarterly back in 2008. The stock was last seen trading at $131.99, near an all-time high. The consensus analyst target is $132.14, and the 52-week range is $87.50 to $131.96. The total market cap is $115 billion.


6. Procter & Gamble
> Industry:

Consumer Products
> Yield: 3.2%
> Years: 60

Procter & Gamble Co. (NYSE: PG) raised its dividend in April 2016, the 60th consecutive year that the consumer products giant increased its dividend. The company also said that it has been paying a dividend for 126 consecutive years, since its incorporation in 1890. With this dividend increase, its payout ratio is expected to be over 70% of net earnings. Procter & Gamble shares recently traded at $82.47, within a 52-week range of $65.02 to $83.87. The market cap is $219 billion. The consensus price target is $84.79.

7. Wal-Mart
> Industry:
Retail
> Yield: 2.9%
>Years: over 30

Wal-Mart Stores Inc. (NYSE: WMT) now has increased its annual cash dividend every year since first declaring a $0.05 per share annual dividend in March 1974. The stock was trading at $68.79, with a consensus price target of $64.83 and a 52-week range of $56.30 to $79.94. The company has a market cap of $215 billion.

Elsewhere … S&P 500

Additional S&P 500 companies with 25 years or more of hikes have been featured individually, but with less attention that the Dow stocks. Keep in mind that some of these companies have also broken up or been amalgamated and they are referring to their predecessor dividend history. Notes and yields data have been included.

8. Abbott Laboratories
> Yield: 2.7%

As of 2016, Abbott Laboratories (NYSE: ABT) has paid a dividend every quarter since 1924, proof that health care, medical devices and medicine are lucrative through all periods of time. It also has increased the dividend payout for 44 consecutive years.

9. Aflac
> Yield: 2.4%

Aflac Inc. (NYSE: AFL) raised its payout in October 2015, marking the 33rd consecutive year of increasing its cash dividend. That’s a lot longer than any of us have known that duck character.