I review the list of dividend increases every single week, as part of my monitoring process.
I find it highly educational, because it showcases the process I go through to evaluate companies quickly.
Focusing on the drivers of long-term performance, along with their trends, is extremely helpful in determining if a company is worth following or not.
I usually look at companies with a ten year track record of consistent annual dividend increases. Over the past week, there were three companies that raised dividends, which also have a ten year track record of annual dividend increases. The companies include:
Accenture plc (ACN) provides strategy and consulting, industry and technology and operation services in North America, Europe, the Middle East, Africa, and internationally.
Accenture raised quarterly dividends by 10.10% to $1.63/share. This is the 20th consecutive annual dividend increase for this dividend achiever. The company has achieved an annualized dividend growth of 10.60% over the past decade.
Earnings grew from $6.58/share in 2016 to $12.29/share in 2025.
The company is expected to earn $13.86/share in 2026.
The stock sells for 17.24 times forward earnings and yields 2.72%.
Accenture seems fairly valued today. It has managed to grow earnings and dividends at a very good rate in the past decade. At this time, there is some uncertainty as to whether AI could disrupt its business. In my opinion it could help its business.
City Holding Company (CHCO) operates as a financial holding company for City National Bank of West Virginia that provides banking, trust and investment management, and other financial solutions in the United States.
City Holding raised quarterly dividend by 10% to $0.87/share. This is the 14th consecutive annual dividend increase for this dividend achiever. The company has achieved an annualized dividend growth of 6.50% over the past decade.
Earnings grew from $3.54/share in 2015 to $7.91/share in 2024.
The company is expected to earn $8.67/share in 2025.
The stock sells for 14.60 times forward earnings and yields 2.75%.
This is an interesting financial company, which has impressive financial performance over the past decade or so. The valuation is not cheap for a financial company, but it seems like it is a well managed organization. It's one of the few financials that did not cut or suspend dividends during the Global Financial Crisis, albeit it did keep them unchanged for a while.
Honeywell International Inc. (HON) engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally.
The company raised quarterly dividends by 5.30% to $1.19/share. This is the 15th consecutive annual dividend increase for this dividend achiever. The company has achieved an annualized dividend growth of 8.90% over the past decade.
Earnings grew from $6.11/share in 2015 to $8.76/share in 2024.
The company is expected to earn $10.57/share in 2025.
The stock sells for 19.70 times forward earnings and yields 2.28%
Honeywell looks like a promising candidate for further research. Unfortunately the rate of growth has been on the decelerating side, while the multiples are not really that low to compensate for it.
Relevant Articles:
- Six Dividend Growth Stocks Raising Dividends Last Week
