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MARKETS / GLOSSARY / DIVIDEND GROWTH STREAK

Dividend growth streak

The dividend growth streak is how many consecutive fiscal years a company has raised its dividend per share without interruption.

Definition

How it is computed here

Formulaconsecutive fiscal years in which the dividend per share rose
UnitWhole years
PeriodOne fiscal year, as reported
SourceExtracted from SEC filings; every value on an asset page carries the accounting tag and the filing it came from
Identifieranos_de_dividendo_crescente
The inputs

What goes into the formula

Dividend per share, year by yearThe published series, walked backwards from the most recent year until a year fails to beat the one before it.
A check that the years are consecutiveA gap in the series stops the count. A company that did not report a dividend for a year does not get the benefit of the doubt.
A check for share splitsA split changes the base of a per-share figure, so a 'fall' caused by one is not a cut — and a rise measured across one is not a raise. The count stops at the split rather than guessing.

A formula without its inputs explained is decoration. Where an input is missing from a filing, the metric is left empty here rather than completed with a zero or an estimate.

Worked example

How to calculate dividend growth streak, step by step

A company's last six years of dividend per share.

FY2020 → FY2025$0.90, $0.98, $1.04, $1.04, $1.12, $1.20
  1. FY2025 $1.20 beats FY2024 $1.12 — count 1.
  2. FY2024 $1.12 beats FY2023 $1.04 — count 2.
  3. FY2023 $1.04 does NOT beat FY2022 $1.04 — flat is not a raise. Stop.

Result: A streak of 2 years

The company has paid a dividend for at least six years and raised it in four of them. The streak counts only the unbroken run at the end, which is a stricter question than 'does it pay reliably'.

The figures in this example are illustrative and rounded — they are not a real company. The real figures on this site are the live ones below and on every asset page, each carrying the filing it came from.

Why it matters

What dividend growth streak is good for

A long streak is a record of management's revealed priorities rather than a promise. Boards protect streaks: a company twenty years into one will cut almost anything else first, which is exactly what an income investor is buying.

The limit

What this number does not tell you

A streak is bounded by how far the data goes back — this site holds up to 19 fiscal years, so 18 is the longest streak it can prove, and a company with a fifty-year record shows the same 18 here. It is a floor, not a ceiling. A streak also says nothing about the size of the raise: a rise of one cent counts exactly as much as a rise of a dollar, and companies defending a streak have been known to prefer the cent. The ceiling is visible in the data. Of the 1,949 companies here with a dividend history, 21 show a growth streak of exactly eighteen years — the longest this site can prove, because eighteen is the maximum the window allows. Every one of those 21 streaks may well be longer; the site simply cannot see past its own first year. Read eighteen as "at least eighteen". A streak can also end at a share-count change rather than at a real cut: when that happens, the page marks the streak as running 'since' the year the base changed — the years before that point used a different share count and are not comparable, not necessarily years of falling dividends.

Every metric on this site is published with its blind spot stated. A figure without its limit is half a fact.

In the data

Highest reported dividend growth streak

From the most recent fiscal year of each company.

On a real company

See it in a published filing

Their sectors

These pages show the figure across up to nineteen fiscal years, with the accounting tag and the filing behind every value.

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