16 Upcoming Dividend Increases: A Sign of Financial Strength

Companies with a history of increasing their dividend payments are considered solid long-term investments, indicating financial strength and stability. Regular dividend growth typically means a company is generating reliable cash flow, offering investors a combination of income and potential for long-term growth.

Companies with a history of increasing their dividend payments are considered solid long-term investments, indicating financial strength and stability. Regular dividend growth typically means a company is generating reliable cash flow, offering investors a combination of income and potential for long-term growth.

Three notable dividend growth stocks that have consistently raised their payouts over the years are Target (NYSE: TGT), T. Rowe Price Group (NASDAQ: TROW), and Chevron (NYSE: CVX). These companies offer high yields and have strong financials, making them attractive options for dividend investors.

Target, a retail giant, has been facing economic challenges but remains a dependable dividend stock. Despite a 3% decline in net sales, the company's net earnings improved by 10%. Target's dividend yield is 4.5%, and it has increased its dividend for 54 consecutive years. At a low price-to-earnings multiple of 11, Target presents a value buy opportunity [1].

T. Rowe Price Group, a global investment firm, has seen steady performance year-to-date, with a 6% decline but overall consistent revenue. The company's dividend yield is 4.9%, and it has increased its dividend for 39 consecutive years. With a payout ratio of 56%, there is room for future dividend hikes. T. Rowe Price trades at less than 12 times earnings, making it a cheap dividend growth stock [1].

Chevron, an oil and gas giant, provides investors with a 4.5% dividend yield and a strong source of recurring cash flow. Despite volatility in the sector, Chevron has raised its dividend for 38 consecutive years. With a forward earnings multiple of 18, Chevron is undervalued compared to the average stock on the S&P 500 [1].

Additionally, DBS Bank (DBS) reported a 1% year-over-year increase in net profit for the second quarter of 2025, totaling SGD 2.82 billion. The bank announced an ordinary dividend of S$0.60 and a Capital Return dividend of S$0.15 per share for the quarter. DBS currently offers an annualised dividend yield of 4.9% and trades at a price-to-book valuation of 2.0x [2].

Allianz, a German insurance giant, reported a record €8.6 billion operating profit in the first half of 2025, surpassing 54% of its annual target. The company's strategic divestitures and focus on digital transformation have created a resilient business model, attracting institutional investors seeking stable returns [3].

These companies exemplify the reliability and potential of dividend growth stocks as long-term investments. Investors should focus on quality stocks with strong financials and a history of consistent dividend increases.

References:
[1] https://finance.yahoo.com/news/3-absurdly-cheap-dividend-growth-081500484.html
[2] https://growbeansprout.com/dbs-1h25-profit-dividend
[3] https://www.ainvest.com/news/allianz-resilient-growth-strategic-execution-2025-blueprint-long-term-institutional-investment-2508/