Data · Dividend Increases · monthly
Dividend Increases, November 2026
Preliminary · Period 2026-11-01 to 2026-12-01 · Generated November 9, 2026 · updates daily until the period closes
Abstract
86 listed dividend payers increased a regular dividend in November 2026, against 2 cuts (43.0 increases per cut).
The median increase was 8.4%; 36 increases (42%) were 10% or more.
4 companies with 25 or more consecutive years of growth extended their streak: WST, BRO, TNC, ATR.
Key figures
- Dividend increases
- 86
- Cuts in the same period
- 2
- Increases per cut
- 43.0
- Median increase
- 8.4%
- Increases of 10% or more
- 36
- Streaks of 25+ years extended
- 4
Commentary
Dividend increases overwhelmingly outnumbered cuts in November, with 86 increases versus 2 reductions, or 43.0 increases per cut. Financial Services led activity with 28 increases, followed by Energy with 19, while every other sector recorded fewer increases.
Energy supplied the largest percentage moves: EFXT raised its dividend 93.5%, and STNG increased it 66.7%. Financial Services placed FBP and SII among the next tier, while Energy’s LPG joined them with a 25.0% increase. Basic Materials had the highest sector median increase at 19.6%, despite only three increases.
Among the long-streak names, WST delivered the largest increase at 18.2%, ahead of BRO at 9.1%; TNC and ATR posted 4.8% and 4.2%. The group spans Healthcare, Financial Services and Industrials, and TNC’s 38-year streak was the longest. The gap between WST and the other long-running growers shows that an extended streak did not imply a uniform increase size.
SmarterDividends Team · written from the figures in this note · November 8, 2026
1.Twenty largest increases
| Ex-date | Ticker | Company | Sector | Before | After | Change | Streak (yrs) | Yield now |
|---|---|---|---|---|---|---|---|---|
| 2026-11-12 | EFXT | Enerflex Ltd. | Energy | $0.0310 | $0.0600 | +93.5% | 2 | 0.6% |
| 2026-11-13 | STNG | Scorpio Tankers Inc. | Energy | $0.4500 | $0.7500 | +66.7% | 0 | 3.7% |
| 2026-11-27 | FBP | First BanCorp. | Financial Services | $0.2000 | $0.2500 | +25.0% | 6 | 3.9% |
| 2026-11-18 | OSW | OneSpaWorld Holdings Limited | Consumer Cyclical | $0.0500 | $0.0625 | +25.0% | 1 | 0.8% |
| 2026-11-16 | SII | Sprott Inc. | Financial Services | $0.4000 | $0.5000 | +25.0% | 2 | 1.8% |
| 2026-11-09 | LPG | Dorian LPG Ltd. | Energy | $1.0000 | $1.2500 | +25.0% | 0 | 7.2% |
| 2026-11-12 | GGB | Gerdau S.A. | Basic Materials | $0.0450 | $0.0549 | +21.9% | 0 | 3.4% |
| 2026-11-24 | VOYA | Voya Financial, Inc. | Financial Services | $0.4700 | $0.5700 | +21.3% | 7 | 2.3% |
| 2026-11-10 | COSO | CoastalSouth Bancshares, Inc. | Financial Services | $0.0500 | $0.0600 | +20.0% | 0 | 0.9% |
| 2026-11-03 | SCCO | Southern Copper Corporation | Basic Materials | $1.0870 | $1.3000 | +19.6% | 1 | 3.1% |
| 2026-11-20 | ZWS | Zurn Elkay Water Solutions Corporation | Industrials | $0.1100 | $0.1300 | +18.2% | 5 | 1.2% |
| 2026-11-12 | PBF | PBF Energy Inc. | Energy | $0.2750 | $0.3250 | +18.2% | 3 | 1.9% |
| 2026-11-10 | WST | West Pharmaceutical Services, Inc. | Healthcare | $0.2200 | $0.2600 | +18.2% | 33 | 0.3% |
| 2026-11-10 | DK | Delek US Holdings, Inc. | Energy | $0.2550 | $0.3000 | +17.6% | 3 | 1.9% |
| 2026-11-20 | CBC | Central Bancompany, Inc. | Financial Services | $0.1200 | $0.1400 | +16.7% | 0 | 1.3% |
| 2026-11-10 | MTDR | Matador Resources Company | Energy | $0.3750 | $0.4375 | +16.7% | 4 | 3.5% |
| 2026-11-02 | ALLY | Ally Financial Inc. | Financial Services | $0.3000 | $0.3500 | +16.7% | 0 | 3.7% |
| 2026-11-10 | V | Visa Inc. | Financial Services | $0.6700 | $0.7800 | +16.4% | 17 | 0.7% |
| 2026-11-02 | WCCB | West Coast Community Bancorp | Financial Services | $0.2500 | $0.2900 | +16.0% | 5 | 1.9% |
| 2026-11-05 | SIMO | Silicon Motion Technology Corporation | Technology | $0.5000 | $0.5750 | +15.0% | 0 | 1.4% |
2.Increases by companies with 25+ year streaks
| Ex-date | Ticker | Company | Sector | Before | After | Change | Streak (yrs) |
|---|---|---|---|---|---|---|---|
| 2026-11-10 | WST | West Pharmaceutical Services, Inc. | Healthcare | $0.2200 | $0.2600 | +18.2% | 33 |
| 2026-11-04 | BRO | Brown & Brown, Inc. | Financial Services | $0.1650 | $0.1800 | +9.1% | 32 |
| 2026-11-30 | TNC | Tennant Company | Industrials | $0.3100 | $0.3250 | +4.8% | 38 |
| 2026-11-12 | ATR | AptarGroup, Inc. | Healthcare | $0.4800 | $0.5000 | +4.2% | 32 |
3.Increases by sector
| Sector | Increases | Median increase |
|---|---|---|
| Financial Services | 28 | 9.3% |
| Energy | 19 | 9.4% |
| Industrials | 14 | 6.5% |
| Utilities | 8 | 3.1% |
| Consumer Cyclical | 7 | 9.3% |
| Basic Materials | 3 | 19.6% |
| Technology | 3 | 7.7% |
| Healthcare | 2 | 11.2% |
| Communication Services | 1 | 14.7% |
| Real Estate | 1 | 12.5% |
Method and definitions
- An increase is a regular payment more than 1% above the prior payment and at least equal to the payment a year earlier; doublings and larger jumps are excluded as split artifacts or specials.
- Universe: U.S.-listed dividend payers tracked by SmarterDividends; OTC and ADR duplicate listings are excluded. Streak is consecutive years of a higher annual dividend at detection.
- Period: 2026-11-01 to 2026-12-01 by ex-dividend date.
Cite this note
SmarterDividends (2026). Dividend Increases, November 2026. https://smarterdividends.com/data/dividend-raises/2026-11
Free to quote and reproduce with attribution and a link to this page.
For informational purposes only; not investment advice.