Dividend Track Records

Dividend Aristocrat Archer-Daniels-Midland Co (ADM) will increase its dividend by 11.1% in 2024, marking 49 consecutive years of dividend growth. This comes right after the stock price of the human and animal nutrition company dropped more than 20% in the wake of an accounting investigation.

Park National is known for its 1% annual dividend hikes Park National Corp (ticker symbol PRK) keeps impressing dividendwise, not because of its big increases, but for its regular annual dividend hikes of exactly 1% every year. We don't know any other company with such a track record.

After a record year 2023 for dividend investors the new year 2024 has started strong with the first dividend hikes announced in January, including two companies with now 26 consecutive years of dividend growth, Bank OZK and Enterprise Products Partners. Also there was a massive dividend cut by Dividend Aristocrat Walgreens Boots Alliance.

The year 2023 ended with a bang, also for most dividend paying stocks. We look at the biggest dividend hikes last year, including the Dividend Aristocrats.