Printed on March twentieth, 2025 by Bob Ciura
Many buyers have a want to ‘beat the market’.
This appears like a superb objective. In spite of everything, the market is ‘simply common’, so it will make sense to at the very least beat common.
However as a substitute of specializing in an arbitrary benchmark or compounding goal (‘I wish to compound at 20% yearly’ for example), I imagine it makes extra sense to give attention to the explanation you’re investing.
Broadly, that’s to earn a living. However extra particularly, the purpose of dividend progress investing is to construct a rising passive revenue stream.
And the underlying objective there’s to have a rising passive revenue stream that exceeds your bills – so you’ve gotten true, lasting monetary freedom.
The securities you choose in your dividend progress portfolio with a view to obtain lasting monetary freedom via rising passive revenue definitely matter.
That’s the place dividend progress shares are available–extra particularly, blue chip shares which have elevated their dividends for at the very least 10 consecutive years.
You may obtain our free blue chip shares record with essential monetary metrics similar to dividend yields and price-to-earnings ratios, by clicking on the hyperlink under:
There are at the moment greater than 500 securities in our blue chip shares record.
Blue-chip shares are established, financially robust, and persistently worthwhile publicly traded firms.
Their power makes them interesting investments for comparatively secure, dependable dividends and capital appreciation versus much less established shares.
As a substitute of chasing returns, buyers can begin constructing long-term passive revenue via dividend progress shares.
The next 10 blue chip shares have elevated their dividends for at the very least 10 years, and have Dividend Danger Scores of ‘C’ or higher within the Positive Evaluation Analysis Database, plus the best dividend progress.
The ten blue chip shares are sorted by dividend progress fee.
Desk of Contents
The desk of contents under permits for straightforward navigation.
Blue Chip #10: Raymond James Monetary (RJF)
- Dividend Historical past: 13 years of consecutive will increase
- Dividend Development: 13.0%
Raymond James Monetary (RJF) is a monetary holding firm whose main operations embrace wealth administration, funding banking, asset administration, and business banking. Roughly 90% of the corporate’s income is from the U.S., and 74% of fiscal 2024 income is from the corporate’s Personal Shopper Group (wealth administration) phase.
Different segments are Capital Markets (11% of revenues), Asset Administration (8%), and Banking (7%). The corporate has greater than 19,000 staff and helps 8,900 monetary advisors throughout the US, Canada, and the UK.
On January twenty ninth, 2025, Raymond James Monetary launched outcomes for its first quarter of fiscal yr 2025 for the interval ending December thirty first, 2024.
For the quarter, the corporate reported a web revenue of $599 million, which is flat in comparison with the previous quarter’s web revenue of $601 million, and a 21% improve in comparison with the identical quarter within the earlier yr.
Earnings per diluted share for the quarter have been $2.86, the identical as within the previous quarter, and up from $2.32 in the identical quarter of the earlier yr. Robust performances in funding banking and brokerage contributed positively to the Capital Markets phase’s outcomes.
Click on right here to obtain our most up-to-date Positive Evaluation report on RJF (preview of web page 1 of three proven under):
Blue Chip #9: Intuit Inc. (INTU)
- Dividend Historical past: 13 years of consecutive will increase
- Dividend Development: 13%
Intuit is a cloud-based accounting and tax preparation software program large, headquartered in Mountain View, California. Its merchandise present monetary administration, compliance, and providers for shoppers, small companies, self-employed employees, and accounting professionals worldwide.
Its hottest platforms embrace QuickBooks, TurboTax, Mint, and TSheets. Cumulatively they serve greater than 100 million clients. The corporate recorded $16.3 billion in revenues final yr and is headquartered in Mountain View, California.
On February twenty fifth, 2025, Intuit printed its fiscal Q2 outcomes for the interval ending January thirty first, 2025. This was one other stable quarter, with “International Enterprise Options Group” revenues up 19% year-over-year.
Particularly, QuickBooks On-line Accounting revenues grew 22% year-over-year, pushed by buyer progress, larger efficient costs, and mix-shift.
Adjusted EPS for the quarter grew by 26% to $3.32 in comparison with FQ2 2024.
Administration reiterated its income and nonGAAP EPS steering for FY2025. Revenues are anticipated to be in a variety of $18.160 billion to $18.347 billion, implying a progress fee between 12% and 13% from final yr.
Adjusted EPS is anticipated to be between $19.16 and $19.36. This means a year-over-year progress of 18% to 19%.
Click on right here to obtain our most up-to-date Positive Evaluation report on INTU (preview of web page 1 of three proven under):
Blue Chip #8: Visa Inc. (V)
- Dividend Historical past: 16 years of consecutive will increase
- Dividend Development: 13%
Visa is the world’s chief in digital funds, with exercise in additional than 200 international locations. The corporate’s world processing community offers safe and reliable funds all over the world and is able to dealing with greater than 65,000 transactions a second.
On January thirtieth, 2025, Visa reported first quarter 2025 outcomes for the interval ending December thirty first, 2024. (Visa’s fiscal yr ends September thirtieth.)
For the quarter, Visa generated income of $9.5 billion, adjusted web revenue of $5.5 billion and adjusted earnings-per-share of $2.75, marking will increase of 10%, 11% and 14%, respectively.
These outcomes have been pushed by a 9% acquire in Funds Quantity, a 16% acquire in Cross-Border Quantity and an 11% acquire in Processed Transactions. Visa processed 63.8 billion transactions within the quarter.
Click on right here to obtain our most up-to-date Positive Evaluation report on Visa (preview of web page 1 of three proven under):
Blue Chip #7: Apple Inc. (AAPL)
- Dividend Historical past: 12 years of consecutive will increase
- Dividend Development: 13.9%
Apple is a expertise firm that designs, manufactures, and sells merchandise similar to iPhones, iPads, Mac, Apple Watch and Apple TV. Apple additionally has a providers enterprise that sells music, apps, and subscriptions.
On January thirtieth, 2025, Apple reported monetary outcomes for the primary quarter of fiscal yr 2025 (Apple’s fiscal yr ends the final Saturday in September).
Whole gross sales grew 4% over the prior yr’s quarter, to a brand new report of $124.3 billion, because of sustained progress in iPhone, iPad and Wearables throughout all areas.
Earnings-per-share grew 10%, from $2.18 to $2.40, and exceeded the analysts’ consensus by $0.05. Notably, Apple has missed the analysts’ estimates solely as soon as within the final 25 quarters.
Going ahead, Apple’s earnings progress will likely be pushed by a number of components. One among these is the continued cycle of iPhone releases, which creates lumpy outcomes. In the long term, Apple ought to be capable of develop its iPhone gross sales, albeit in an irregular trend.
Click on right here to obtain our most up-to-date Positive Evaluation report on AAPL (preview of web page 1 of three proven under):
Blue Chip #6: UnitedHealth Group (UNH)
- Dividend Historical past: 15 years of consecutive will increase
- Dividend Development: 14%
UnitedHealth dates again to 1974 when Constitution Med was based by a bunch of well being care professionals searching for methods to increase healthcare choices for shoppers.
The corporate has two main reporting segments: UnitedHealth and Optum. The previous offers world healthcare advantages to people, employers, and Medicare/Medicaid beneficiaries. The Optum phase is a providers enterprise that seeks to decrease healthcare prices and optimize outcomes for its clients.
UnitedHealth posted fourth quarter and full-year earnings on January sixteenth, 2025, and outcomes confirmed a uncommon miss on the highest line. Although shares have been nicely off their highs previous to the report, the inventory declined anyway as the corporate upset buyers for the primary time shortly.
Adjusted earnings-per-share got here to $6.81, which was seven cents forward of estimates. Nevertheless, income was up solely 6.8% to $100.8 billion, lacking by virtually a billion {dollars}.
UnitedHealthcare noticed income of $74.1 billion throughout the quarter, lacking consensus by $1.3 billion. OptumRx posted $35.8 billion of income, up 15% year-over-year and beating estimates. OptumHealth noticed 5% progress year-over-year to $25.7 billion, additionally beating estimates.
The corporate’s medical care ratio was 85.5% in 2024, a deterioration of about 230 foundation factors year-over-year. This was attributable to elevated Medicare funding reductions and member combine, primarily. The corporate issued steering for this yr of $29.50 to $30.00 in adjusted earnings-per-share.
Click on right here to obtain our most up-to-date Positive Evaluation report on UNH (preview of web page 1 of three proven under):
Blue Chip #5: Mastercard Inc. (MA)
- Dividend Historical past: 14 years of consecutive will increase
- Dividend Development: 15%
MasterCard is a world chief in digital funds. The corporate companions with 25,000 monetary establishments all over the world to offer an digital fee community. MasterCard has greater than 3.1 billion credit score and debit playing cards in use.
On January thirtieth, 2025, MasterCard introduced fourth quarter and full yr outcomes for the interval ending December thirty first, 2024.
For the quarter, income improved 15.4% to $7.5 billion, which was $120 million above estimates. Adjusted earnings-per-share of $3.82 in contrast favorably to $3.18 within the prior yr and was $0.13 greater than anticipated.
For the yr, income grew 12% to $28.2 billion whereas adjusted earnings-per-share of $14.60 in comparison with $12.26 in 2023.
On a neighborhood forex foundation, gross greenback volumes for the quarter grew 12% worldwide to $2.56 trillion throughout the quarter, with the U.S. enhancing 9% and the remainder of the world larger by 13%.
Cross border volumes remained robust, rising 20% from the prior yr and 17% from Q3 2024.
Click on right here to obtain our most up-to-date Positive Evaluation report on Mastercard (preview of web page 1 of three proven under):
Blue Chip #4: Zoetis Inc. (ZTS)
- Dividend Historical past: 11 years of consecutive will increase
- Dividend Development: 15%
Zoetis is a drug firm that focuses on animal well being, together with discovering, creating, manufacturing, and commercialising medicines, vaccines, and diagnostic merchandise.
Biodevices, genetic assessments, and precision livestock farming complement the corporate’s choices. The Vaccine phase is the biggest income producing phase, with 22% of the overall income, whereas the US generates 54% of the income.
On February thirteenth, 2025, Zoetis Inc. reported robust monetary outcomes for the fourth quarter of 2024, with income reaching $2.3 billion, a 5% improve from the earlier yr and up 6% on an operational foundation. The corporate skilled progress in each its U.S. and Worldwide segments, pushed primarily by robust demand for companion animal merchandise.
Within the U.S. phase, income was $1.3 billion, reflecting a 4% improve in comparison with This fall 2023. Gross sales of companion animal merchandise grew by 7%, fueled by continued robust demand for Simparica Trio, dermatology merchandise similar to Apoquel and Cytopoint, and monoclonal antibody therapies for osteoarthritis ache.
Development was partially offset by the impression of the preliminary stocking of Librela and Apoquel Chewable merchandise throughout their prior-year launches. Livestock product gross sales declined by 8%, primarily because of the divestiture of the medicated feed additive portfolio and sure water-soluble merchandise.
Click on right here to obtain our most up-to-date Positive Evaluation report on ZTS (preview of web page 1 of three proven under):
Blue Chip #3: Eli Lilly & Co. (LLY)
- Dividend Historical past: 11 years of consecutive will increase
- Dividend Development: 15%
Eli Lilly develops, manufactures, and sells prescription drugs all over the world, and has about 43,000 staff globally. Eli Lilly has annual income of $59 billion.
On December ninth, 2024, Eli Lilly raised its quarterly dividend 15.4% to $1.50, extending the corporate’s dividend progress streak to 11 years.
On February sixth, 2025, Eli Lilly introduced fourth quarter and full yr outcomes for the interval ending December thirty first, 2024. For the quarter, income surged 44.7%% to $13.5 billion, which beat estimates by $100 million.
Supply: Investor Presentation
Adjusted earnings-per-share of $5.32 in contrast very favorably to adjusted earnings-per-share of $2.49 within the prior yr and was $0.24 forward of expectations.
For the yr, income grew 32% $45 billion whereas adjusted earnings-per-share of $12.99 in comparison with $6.32 in 2023. Volumes company-wide have been up 48% for the quarter, however pricing was down 4%.
U.S. income grew 40% to $9.03 billion, as quantity was up 45% whereas pricing fell 5%. Worldwide revenues have been up 55% to $4.5 billion as volumes improved 56%.
Income for Mounjaro, which helps sufferers with weight administration and is the corporate’s high gross product, totaled $3.53 billion, in comparison with $2.21 billion a yr in the past.
Demand stays extremely excessive for the product. Zepbound, which can also be used to deal with sufferers with weight problems, had income of $1.91 billion for the quarter and $4.9 billion for the yr.
Click on right here to obtain our most up-to-date Positive Evaluation report on LLY (preview of web page 1 of three proven under):
Blue Chip #2: Consolation Programs USA (FIX)
- Dividend Historical past: 13 years of consecutive will increase
- Dividend Development: 15%
Consolation Programs USA offers mechanical and electrical contracting providers throughout the U.S. The corporate focuses on HVAC, plumbing, piping, controls, and electrical system installations and providers, working 47 items with 178 areas in 136 cities.
Serving primarily business, industrial, and institutional markets, Consolation Programs USA works in sectors like manufacturing, healthcare, training, and authorities.
The corporate generated $7.0 billion in revenues final yr, with 56.7% of it coming from new facility installations and 43.3% coming from providers for present buildings. On February twentieth, 2025, Consolation Programs raised its dividend by 14.3% to a quarterly fee of $0.40.
On the identical day, the corporate posted its This fall and full-year outcomes for the interval ending December thirty first, 2024. Income for the interval was $1.87 billion, up 37.5% in comparison with final yr.
The rise included robust same-store exercise progress and contributions from acquisitions. The identical-store income progress was largely pushed by continued power in market situations, significantly in information facilities and chip crops.
The mechanical phase recorded income progress of over 40% year-over-year, fueled by sturdy natural progress in building and providers. {The electrical} phase additionally maintained stable efficiency, reflecting sustained demand. EPS elevated by about 60% to $4.09.
For the complete yr, the corporate reported EPS of $14.64, exceeding prior estimates. The corporate’s backlog remained robust, reaching $5.99 billion on the finish of December.
Click on right here to obtain our most up-to-date Positive Evaluation report on FIX (preview of web page 1 of three proven under):
Excessive Yield Blue Chip #1: Badger Meter Inc. (BMI)
- Dividend Historical past: 32 years of consecutive will increase
- Dividend Development: 15%
Badger Meter was based in 1905 in Milwaukee, WI. It manufactures and markets meters and valves which can be used to measure and management the circulation of liquids, similar to water, oil and numerous chemical substances.
Its merchandise are additionally used to manage the circulation of air and different gases. Badger Meter generates ~$827 million in annual revenues.
On January thirty first, 2025, Badger Meter introduced fourth quarter and full yr earnings outcomes for the interval ending December thirty first, 2025. For the quarter, income improved 12.5% to $205.2 million, which topped estimates by $2.45 million.
Earnings-per-share of $1.04 in contrast favorably to earnings-per-share of $0.84 within the prior yr and was $0.04 greater than anticipated. For the yr, income grew 18% to a brand new report $826.6 million. Earnings-per-share totaled $4.23, which was a brand new report and was up from $3.14 in 2023.
The utility water enterprise as soon as once more grew 14% for the quarter. As with prior intervals, this progress was led by a rise in demand for ORION Mobile endpoint, E-Collection Ultrasonic meters, and BEACON Software program as a Service.
Click on right here to obtain our most up-to-date Positive Evaluation report on BMI (preview of web page 1 of three proven under):
Extra Studying
In case you are all for discovering different high-yield securities, the next Positive Dividend sources could also be helpful:
Excessive-Yield Particular person Safety Analysis
Different Positive Dividend Sources
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