Dividend Challengers: Stocks with 5-9 Years of Dividend Growth
Dividend Challengers are companies that have increased their dividends for 5 to 9 consecutive years. While they have shorter track records than Aristocrats or Kings, Challengers often offer higher yields and faster dividend growth rates. These stocks can be excellent additions to a growth-oriented dividend portfolio, especially when combined with strong fundamentals and low payout ratios.
| Ticker | Name | Sector | Price | Yield | Years ▼ | 5yr Growth | Payout | Compare |
|---|---|---|---|---|---|---|---|---|
| PH | Parker-Hannifin Corp | Industrials | $1055.85 | 75.77% | 9 | 15.06% | 25.98% | Compare |
| SUI | Sun Communities Inc | Real Estate | $123.29 | 3.50% | 9 | 5.92% | 5.54% | Compare |
| STZ | Constellation Brands, Inc. | Consumer Staples | $139.18 | 2.96% | 9 | 6.31% | 38.95% | Compare |
| COP | Conocophillips | Energy | $126.78 | 2.65% | 9 | 13.92% | 43.65% | Compare |
| GILD | Gilead Sciences, Inc. | Health Care | $138.36 | 2.37% | 9 | 2.98% | 43.40% | Compare |
| EOG | Eog Resources Inc | Energy | $142.61 | 2.86% | 8 | 9.63% | 31.40% | Compare |
| RSTRF | Restaurant Brands International Limited Partnership | Consumer Cyclical | $75.00 | 3.47% | 8 | -9.15% | 63.50% | Compare |
| WMB | Williams Companies, Inc. | Energy | $75.20 | 2.79% | 8 | 4.82% | 81.67% | Compare |
| TMO | Thermo Fisher Scientific Inc. | Health Care | $588.29 | 31.96% | 8 | 13.40% | 9.69% | Compare |
| KMI | Kinder Morgan, Inc. | Energy | $32.82 | 3.60% | 8 | 2.09% | 75.81% | Compare |
| FUTY | Fidelity MSCI Utilities Index ETF | $57.21 | 2.70% | 8 | 3.95% | — | Compare | |
| SWZCF | Swisscom Ag | Communication Services | $770.00 | 3.78% | 7 | 6.83% | 1.09% | Compare |
| INVH | Invitation Homes Inc. | Real Estate | $30.29 | 3.96% | 7 | 12.51% | 1.09% | Compare |
| SHLAF | Schindler Holding AG/ADR | Industrials | $325.00 | 2.16% | 6 | — | 62.89% | Compare |
| SHLRF | Schindler Holding AG/ADR | Industrials | $310.05 | 2.34% | 6 | — | 62.89% | Compare |
| NVSEF | Novartis Ag | Healthcare | $157.90 | 3.00% | 6 | — | 69.86% | Compare |
| AVGO | Broadcom Inc. | Information Technology | $392.99 | 66.16% | 6 | 12.57% | 41.26% | Compare |
| GIS | General Mills Inc | Consumer Staples | $39.20 | 6.22% | 6 | 3.65% | 59.41% | Compare |
| SPXSF | Spirax-Sarco Engineering PLC/ADR | Industrials | $98.97 | 2.33% | 6 | 0.31% | 63.34% | Compare |
| LSRCF | Lasertec Corporation/ADR | Technology | $246.45 | 83.08% | 6 | 49.07% | 35.81% | Compare |
| NONOF | Novo Nordisk A S | Healthcare | $45.14 | 3.99% | 6 | 10.63% | 44.57% | Compare |
| VICI | Vici Properties Inc. | Real Estate | $26.36 | 6.83% | 6 | 6.40% | 69.77% | Compare |
| STLE | Steele Bancorp Inc | Financial Services | $46.54 | 3.75% | 6 | 3.58% | 60.17% | Compare |
| AME | Ametek Inc/ | Industrials | $254.79 | 53.38% | 6 | 11.33% | 19.01% | Compare |
| ABLZF | Abb Ltd | Industrials | $101.43 | 1.17% | 6 | 6.96% | 43.20% | Compare |
| PNR | PENTAIR plc | Industrials | $66.16 | 1.60% | 6 | 6.06% | 26.80% | Compare |
| RUSHB | Rush Enterprises Inc \Tx\ | Consumer Cyclical | $80.27 | 69.76% | 6 | 4.38% | 34.34% | Compare |
| ERIXF | Ericsson Lm Telephone Co | Technology | $10.00 | 3.30% | 6 | -54.18% | 39.57% | Compare |
| CMGMF | Chemring Group PLC/ADR | Industrials | $8.59 | 1.28% | 6 | 15.30% | 46.78% | Compare |
| SPG | Simon Property Group Inc. | Real Estate | $219.58 | 4.05% | 5 | 10.67% | 62.10% | Compare |
| DE | Deere & Co | Industrials | $608.85 | 1.06% | 5 | 14.31% | 36.71% | Compare |
| VOO | Vanguard S&P 500 ETF | ETF | $713.61 | 76.19% | 5 | 6.79% | — | Compare |
| RACE | Ferrari N.V. | Consumer Cyclical | $414.86 | 1.22% | 5 | 32.57% | 33.21% | Compare |
| DVY | iShares Select Dividend ETF | ETF | $165.50 | 2.14% | 5 | 7.11% | — | Compare |
| GEF-B | Greif, Inc | Consumer Cyclical | $110.70 | 3.11% | 5 | 5.52% | 88.98% | Compare |
| MAIN | Main Street Capital Corporation | Financials | $58.80 | 5.41% | 5 | 11.87% | 86.35% | Compare |
| VTI | Vanguard Total Stock Market ETF | ETF | $383.85 | 73.00% | 5 | 6.83% | — | Compare |
| RYDAF | Shell plc | Energy | $44.60 | 3.50% | 5 | 0.40% | 32.71% | Compare |
| IDEXF | Industria de Diseno Textil Inditex SA / ADR | Consumer Cyclical | $66.11 | 2.12% | 5 | 19.06% | 57.76% | Compare |
| HVT-A | Haverty Furniture Companies Inc | Consumer Cyclical | $32.50 | 3.82% | 5 | -14.68% | 89.13% | Compare |
| TNRSF | Tenaris Sa | Energy | $26.95 | 4.42% | 5 | 33.49% | 47.59% | Compare |
| OSBK | Oconee Financial Corp | Financial Services | $53.00 | 2.17% | 5 | 12.09% | 23.37% | Compare |
| ATGFF | AltaGas Ltd. | Energy | $38.30 | 2.48% | 5 | -9.08% | 65.56% | Compare |
| FOX | Fox Corp | Communication Services | $61.41 | 94.45% | 5 | 4.01% | 14.58% | Compare |
| AEGOF | Aegon Ltd. | Financial Services | $9.05 | 5.30% | 5 | — | 63.33% | Compare |
| MITUF | Mitsui Chemicals Inc | Basic Materials | $13.50 | 3.56% | 5 | 17.61% | 1.23% | Compare |
| MBUMF | Mabuchi Motor Co., Ltd./ADR | Consumer Cyclical | $9.45 | 2.24% | 5 | 20.92% | 50.06% | Compare |
| TOETF | Tosei Corp/Adr | Real Estate | $9.15 | 2.83% | 5 | — | 29.06% | Compare |
| EVI | Evi Industries, Inc. | Industrials | $16.42 | 1.92% | 5 | — | 0.00% | Compare |
| PUKPF | Prudential Plc | Financial Services | $13.67 | 1.98% | 5 | 3.26% | 15.38% | Compare |
| RSMDF | Resmed Inc | Healthcare | $22.48 | 1.16% | 5 | 2.90% | 23.01% | Compare |
| WPPGF | WPP plc | Communication Services | $5.45 | 3.67% | 5 | -20.94% | 1.14% | Compare |
| YSHLF | Yangzijiang Shipbuilding Holdings Ltd/ADR | Industrials | $3.70 | 5.21% | 5 | — | 30.41% | Compare |
| PSBAF | PT Sumber Alfaria Trijaya Tbk/ADR | Consumer Defensive | $0.12 | 14.34% | 5 | 17.35% | 46.23% | Compare |
| DFFVX | DFA U.S. Targeted Value Portfolio Institutional Class | $45.07 | 74.43% | 5 | 9.82% | — | Compare | |
| FZROX | Fidelity ZERO Total Market Index | $27.27 | 91.84% | 5 | 7.19% | — | Compare |
Frequently Asked Questions
What is a Dividend Challenger?
A Dividend Challenger is a company that has increased its dividend for 5 to 9 consecutive years. While they have shorter track records, Challengers often provide higher yields and faster dividend growth as they work to establish long-term dividend credibility.
How many Dividend Challengers does REWD track?
REWD currently tracks 56 Dividend Challengers — companies with 5 to 9 consecutive years of dividend increases. This reflects our data coverage inside that range, not the total number of such companies in the market.
What are some examples of Dividend Challengers?
Notable Dividend Challengers include Parker-Hannifin Corp (PH) with 9 years, Sun Communities Inc (SUI) with 9 years, Constellation Brands, Inc. (STZ) with 9 years, Conocophillips (COP) with 9 years, Gilead Sciences, Inc. (GILD) with 9 years. See the full list above for all qualifying stocks with their current yields and growth metrics.
How do I invest in Dividend Challengers?
You can invest in individual Dividend Challengers through any brokerage account, or gain broad exposure through dividend-focused ETFs like NOBL (ProShares S&P 500 Dividend Aristocrats ETF). Use our dividend calculator to project income from any combination of these stocks.
What's the difference between Dividend Kings, Aristocrats, Contenders, and Challengers?
The classification is based on consecutive years of dividend increases: Kings (50+ years), Aristocrats (25-49 years, S&P 500 members), Contenders (10-24 years), and Challengers (5-9 years). Higher tiers indicate longer track records of dividend growth but may offer lower current yields.
Are Dividend Challengers safe investments?
Dividend Challengers have demonstrated 5+ years of dividend increases, which suggests strong financial discipline. However, past performance doesn't guarantee future results. Always check payout ratios, earnings coverage, and debt levels before investing. Use our safety ratings on each stock's dividend page for a quick assessment.