Revealed on September tenth, 2025 by Bob Ciura
Earnings buyers are seemingly acquainted with the Dividend Aristocrats, that are a few of the highest-quality shares to purchase and maintain for the long run.
We advocate long-term buyers deal with high-quality dividend shares. To that finish, we view the Dividend Aristocrats as among the many finest dividend shares to buy-and-hold for the long term.
The Dividend Aristocrats have a protracted historical past of outperforming the market relating to risk-adjusted returns.
You’ll be able to obtain the complete Dividend Aristocrats listing, together with necessary metrics like dividend yields and price-to-earnings ratios, by clicking on the hyperlink beneath:

Disclaimer: Certain Dividend just isn’t affiliated with S&P International in any method. S&P International owns and maintains The Dividend Aristocrats Index. The knowledge on this article and downloadable spreadsheet is predicated on Certain Dividend’s personal evaluate, abstract, and evaluation of the S&P 500 Dividend Aristocrats ETF (NOBL) and different sources, and is supposed to assist particular person buyers higher perceive this ETF and the index upon which it’s primarily based. Not one of the info on this article or spreadsheet is official knowledge from S&P International. Seek the advice of S&P International for official info.
Even higher, buyers should buy high quality dividend shares when they’re additionally undervalued, which might result in excessive whole returns within the coming years.
In spite of everything, the aim of rational buyers is to maximize whole return below a given set of constraints. Dividends can contribute a good portion of a inventory’s whole return.
Shares with low P/E ratios can provide engaging returns if their valuation multiples develop.
And when a low P/E inventory additionally has a excessive dividend yield, buyers get ‘paid to attend’ for the valuation a number of to extend.
This text will focus on the ten most cost-effective Dividend Aristocrats now.
Desk of Contents
The desk of contents beneath permits for simple navigation. The shares are listed by 5-year annual return from valuation, in ascending order.
Least expensive Dividend Aristocrat #10: Goal Corp. (TGT)
- Annual Valuation Return: 2.5%
Goal was based in 1902 and now operates about 1,850 huge field shops, which provide common merchandise and meals, in addition to serving as distribution factors for the corporate’s e-commerce enterprise.
Goal launched second quarter earnings on August twentieth, 2025, and outcomes have been higher than anticipated. Nonetheless, steerage and the CEO change underwhelmed buyers, and the inventory fell as soon as once more.
Adjusted earnings-per-share got here to $2.05, which was a penny forward of estimates. Income was off fractionally year-on-year to $25.21 billion, however did beat estimates by $310 million. Gross sales have been decrease on merchandise gross sales declines of 1.2%, partially offset by a 14.2% enhance in non-merchandise gross sales.
Comparable gross sales have been down 1.9%, because the bodily shops fell 3.2% whereas digital gross sales grew 4.3%. Administration stated visitors and gross sales developments improved “meaningfully” from the primary quarter.
The corporate is investing closely in its enterprise with a purpose to navigate by way of the altering panorama within the retail sector. The payout is now 62% of earnings for this yr, which is elevated from historic ranges, however the dividend stays well-covered.
Click on right here to obtain our most up-to-date Certain Evaluation report on TGT (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #9: T. Rowe Value Group (TROW)
- Annual Valuation Return: 3.7%
T. Rowe Value Group is without doubt one of the largest publicly traded asset managers. The corporate offers a broad array of mutual funds, sub-advisory providers, and separate account administration for particular person and institutional buyers, retirement plans and monetary intermediaries.
T. Rowe Value had belongings below administration (AUM) of practically $1.6 trillion as of June thirtieth, 2025.
On February eleventh, 2025, T. Rowe Value raised its quarterly dividend 2.4% to $1.27, marking the corporate’s thirty ninth yr of accelerating its payout.
On August 1st, 2025, T. Rowe Value introduced second quarter outcomes for the interval ending June thirtieth, 2025. For the quarter, income declined 0.6% to $1.72 billion and missed estimates by $30 million.
Adjusted earnings-per-share of $2.24 in contrast unfavorably to $2.26 within the prior yr, however this was $0.11 greater than anticipated.
Through the quarter, AUMs of $1.59 billion grew 3.6% year-over-year, however decreased 1.9% sequentially. Market appreciation of $125.4 billion was offset by internet money outflows of $14.9 billion.
Working bills of $1.23 billion elevated 6.5% year-over-year and have been up 6.6% quarter-over-quarter.
Click on right here to obtain our most up-to-date Certain Evaluation report on TROW (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #8: Brown-Forman Corp. (BF.B)
- Annual Valuation Return: 3.9%
Brown-Forman is an alcoholic beverage firm that’s primarily based in Louisville. The corporate was based in 1870. It produces and sells whiskey, vodka, tequila, champagne, and wine.
Its portfolio features a vary of largely premium manufacturers, comparable to Jack Daniel’s, Finlandia Vodka, Previous Forester, and plenty of others.
On August 28, Brown-Forman reported revenues of $924 million for its first quarter (fiscal 2026) earnings outcomes. The corporate’s revenues have been down by 3% in comparison with the earlier yr’s quarter.
Revenues got here in above the analyst consensus, not like in the course of the earlier quarter, this time beating the consensus estimate by a stable $14 million. The sequential development charge was optimistic in the course of the interval, whereas the year-over-year efficiency improved as nicely, relative to the earlier quarter.
Brown-Forman’s earnings-per-share weakened in comparison with the earlier yr’s quarter, primarily as a consequence of decrease revenues. The corporate noticed its working revenue pull again in the course of the interval, with margins declining as a consequence of working leverage headwinds attributable to decrease revenues.
Earnings-per-share have been down by double-digits, hitting $0.36, lacking the consensus estimate by $0.01 as analysts have been predicting a smaller earnings decline.
Brown-Forman guides for revenues to say no at a low single-digits charge this yr.
Click on right here to obtain our most up-to-date Certain Evaluation report on BF.B (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #7: Eversource Vitality (ES)
- Annual Valuation Return: 5.0%
Eversource Vitality is a diversified holding firm with subsidiaries that present regulated electrical, fuel, and water distribution service within the Northeast U.S.
The corporate’s utilities serve greater than 4 million clients. Eversource has delivered regular development to shareholders for a few years.
On July thirty first, ES launched its monetary outcomes for the second quarter ended June thirtieth, 2025. The corporate’s whole working income jumped 12% over the year-ago interval to $2.84 billion within the quarter.
As has been the case prior to now, base distribution charge will increase and continued system investments powered this top-line development in the course of the quarter.
ES recorded $0.96 in non-GAAP EPS for the quarter, which was a 1.1% year-over-year development charge. That got here in $0.01 higher than the analyst consensus within the quarter.
Click on right here to obtain our most up-to-date Certain Evaluation report on ES (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #6: Factset Analysis Techniques (FDS)
- Annual Valuation Return: 5.1%
FactSet Analysis Techniques, a monetary knowledge and analytics agency based in 1978, offers built-in monetary info and analytical instruments to the funding neighborhood within the Americas, Europe, the Center East, Africa, and Asia-Pacific.
The corporate offers perception and knowledge by way of analysis, analytics, buying and selling workflow options, content material and know-how options, and wealth administration.
On June twenty third, 2025, FactSet Analysis Techniques introduced Q3 2025 outcomes, reporting non-GAAP EPS of $4.27 for the interval, beating market consensus by $0.03, whereas income rose 5.9% to $585.5 million.
It delivered a gentle third quarter for fiscal 2025, reporting GAAP revenues of $585.5 million, up practically 6% year-over-year, pushed by sturdy demand from wealth and institutional buy-side purchasers.
Natural annual subscription worth (ASV) climbed 4.5% to $2.3 billion, highlighting the corporate’s stickiness in recurring income.
Nonetheless, working margins confronted some stress, with the GAAP determine slipping to 33.2% and adjusted margins right down to 36.8%, impacted by greater compensation prices and acquisitions.
Even so, the corporate continues to generate stable money, posting free money move of $228.6 million for the quarter.
FactSet returned worth to shareholders by way of $80.7 million in share repurchases and elevated its quarterly dividend for the twenty sixth straight yr.
Click on right here to obtain our most up-to-date Certain Evaluation report on FDS (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #5: PepsiCo Inc. (PEP)
- Annual Valuation Return: 6.5%
PepsiCo is a worldwide meals and beverage firm. Its merchandise embrace Pepsi, Mountain Dew, Frito-Lay chips, Gatorade, Tropicana orange juice and Quaker meals.
Its enterprise is cut up roughly 60-40 by way of meals and beverage income. Additionally it is balanced geographically between the U.S. and the remainder of the world.
Supply: Investor Presentation
On July 18th, 2025, PepsiCo introduced second quarter earnings outcomes for the interval ending June thirtieth, 2025. For the quarter, income grew 1.0% to $22.7 billion, which topped estimates by $430 million.
Adjusted earnings-per-share of $2.12 in contrast unfavorably to $2.28 the prior yr, however this was $0.09 forward of expectations. Forex trade lowered income by 1.5% and adjusted earnings-per-share by 5%.
Natural gross sales grew 2.1% for the second quarter. For the interval, quantity for drinks was as soon as once more unchanged whereas meals fell 1.5%.
Click on right here to obtain our most up-to-date Certain Evaluation report on PEP (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #4: PPG Industries (PPG)
- Annual Valuation Return: 6.5%
PPG Industries is the world’s largest paints and coatings firm. Its solely opponents of comparable measurement are Sherwin-Williams and Dutch paint firm Akzo Nobel.
PPG Industries was based in 1883 as a producer and distributor of glass (its title stands for Pittsburgh Plate Glass) and at this time has roughly 3,500 technical staff situated in additional than 70 nations at 100 places.
On July seventeenth, 2025, PPG Industries raised its quarterly dividend 4.4% to $0.71, extending the corporate’s dividend development streak to 54 consecutive years.
On July twenty ninth, 2025, PPG Industries introduced second-quarter outcomes. For the quarter, income decreased 1% to $4.2 billion, however this was $40 million greater than anticipated. Adjusted earnings-per-share of $2.22 in contrast unfavorably to adjusted earnings-per-share of $2.50 within the prior yr, however was in-line with estimates.
Natural development was 2% for the interval as greater costs and quantity every added 1% to outcomes. Divestitures lowered year-over-year gross sales by 3%. Income for International Architectural Coatings declined 5% to $1.02 billion as pricing was greater than offset by a 2% decline from quantity and a 4% influence from divestitures.
Efficiency Coatings grew 7% to $1.51 billion as a consequence of a 3% enchancment in quantity and three% contribution from pricing. Forex trade added 1%. Protecting and marine coatings have been once more up for the interval.
PPG Industries repurchased ~$150 million value of shares throughout Q2 and has retired ~$540 million value of shares year-to-date.
Click on right here to obtain our most up-to-date Certain Evaluation report on PPG (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #3: Becton Dickinson & Co. (BDX)
- Annual Valuation Return: 7.5%
Becton, Dickinson & Co. is a worldwide chief within the medical provide business. The corporate was based in 1897 and has 75,000 staff throughout 190 nations.
The corporate generates about $20 billion in annual income, with roughly 43% of revenues coming from outdoors of the U.S.
Becton, Dickinson & Co., or BD, is a worldwide chief within the medical provide business. The corporate generates nearly $22 billion in annual income, with roughly 43% of revenues coming from outdoors of the U.S.
On August seventh, 2025, BD introduced outcomes for the third quarter of fiscal yr 2025, which ended June thirtieth, 2025. For the quarter, income improved 10.4% to $5.5 billion, which was $10 million greater than anticipated.
On a forex impartial foundation, income elevated 8.5%. Adjusted earnings-per-share of $3.68 in contrast favorably to $3.50 within the prior yr and was $0.28 greater than anticipated.
For the quarter, U.S. grew 10% whereas worldwide was up 11% on a reported foundation. Excluding forex trade, worldwide was greater by 9.8%. Natural development was greater by 3% for the interval.
BD partially reaffirmed its outlook for fiscal yr 2025 as nicely. Income continues to be projected to be in a spread of $21.8 billion to $21.9 billion, in comparison with $21.7 billion to $21.9 billion beforehand. Adjusted earnings-per-share is anticipated to be in a spread of $14.30 to $14.45.
Click on right here to obtain our most up-to-date Certain Evaluation report on BDX (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #2: Hormel Meals (HRL)
- Annual Valuation Return: 7.7%
Hormel Meals was based again in 1891 in Minnesota. Since that point, the corporate has grown right into a juggernaut within the meals merchandise business with practically $10 billion in annual income.
Hormel has stored with its core competency as a processor of meat merchandise for nicely over 100 years, however has additionally grown into different enterprise traces by way of acquisitions.
Hormel has a big portfolio of category-leading manufacturers. Only a few of its prime manufacturers embrace embrace Skippy, SPAM, Applegate, Justin’s, and greater than 30 others.
The corporate has elevated its dividend for 59 consecutive years.
Supply: Investor Presentation
Hormel posted second quarter earnings on Could twenty ninth, 2025, and outcomes have been largely in step with expectations. Adjusted earnings-per-share got here to 35 cents, which was a penny forward of estimates.
Income was up fractionally to $2.9 billion, assembly expectations. The corporate noticed a 7% decline in quantity and flat gross sales in each retail and foodservice. Pricing will increase helped to offset that.
Click on right here to obtain our most up-to-date Certain Evaluation report on HRL (preview of web page 1 of three proven beneath):
Least expensive Dividend Aristocrat #1: Amcor plc (AMCR)
- Annual Valuation Return: 7.8%
Amcor plc is without doubt one of the world’s most distinguished designers and producers of packaging for meals, pharmaceutical, medical, and different client merchandise. The corporate emphasizes making accountable packaging that’s light-weight, recyclable, and reusable.
Amcor reported its fourth quarter outcomes for Fiscal Yr 2025 on August 14th, 2025. The corporate fiscal yr ends in June. The corporate reported sturdy top-line development pushed by the transformational acquisition of Berry International, which closed April 30.
Web gross sales rose 43% in fixed forex to $5.1 billion, whereas adjusted EBITDA climbed 43% to $789 million. Nonetheless, GAAP internet revenue was a lack of $39 million, reflecting acquisition-related bills. Adjusted EBIT elevated 34% to $611 million, and adjusted EPS got here in at 20 cents, down 5% as a consequence of a better share depend.
Phase outcomes have been blended: Versatile Packaging posted 18% gross sales development, whereas Inflexible Packaging greater than doubled gross sales and practically tripled EBIT, though the North America beverage enterprise continued to face quantity and price pressures.
For the complete fiscal yr, Amcor delivered internet gross sales of $15.0 billion, up 11% in fixed forex, with adjusted EBIT up 12% to $1.72 billion. Adjusted EPS elevated 3% to 71.2 cents, supported by regular free money move of $926 million.
The steadiness sheet displays the dimensions of the Berry deal, with internet debt climbing to $13.3 billion and goodwill and intangibles increasing to $18.7 billion.
The corporate raised its annual dividend to 51 cents per share and underscored its deal with disciplined integration, with administration concentrating on $650 million in value synergies by fiscal 2028, together with about $260 million in fiscal 2026.
Click on right here to obtain our most up-to-date Certain Evaluation report on AMCR (preview of web page 1 of three proven beneath):
Extra Studying
The next Certain Dividend databases comprise probably the most dependable dividend growers in our funding universe:
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