Companies That Usually Raise Their Dividend in August
Five-year record · updated
Key facts: dividend raises in August
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, 40 U.S.-listed dividend stocks usually declare their first dividend increase of the year in August, based on SmarterDividends' records of the last five complete years; 22 did so in August in all five.
- The largest companies that usually raise their dividend in August are Lam Research (LRCX), BP (BP), Altria (MO), Intuit (INTU) and Illinois Tool Works (ITW).
- The typical first raise of the year among companies that raise in August is 9.6%, the median of each company's five-year median increase.
- As of Oct 19, 2026, 35 of the 40 companies that usually raise in August have raised their dividend this year, and 5 have not.
- Among them, Dover (DOV) has the longest dividend-growth streak, 43 consecutive years.
- Dillard's (DDS) has had the largest typical raise among August raisers, a median of 25.0% over the last five years.
Cite this page
SmarterDividends, "Companies That Usually Raise Their Dividend in August," updated Oct 19, 2026, https://smarterdividends.com/dividend-raise-calendar/august
Every company that usually raises in August (40)
August raisers, one by one
- Lam Research (LRCX) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 26.9%, was declared on Aug 26, 2026.
- BP (BP) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 4.2%, was declared on Aug 4, 2026.
- Altria (MO) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 4.7%, was declared on Aug 27, 2026.
- Intuit (INTU) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 15.0%, was declared on Aug 20, 2026.
- Illinois Tool Works (ITW) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 6.8%, was declared on Aug 7, 2026.
- Martin Marietta Materials (MLM) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 1.2%, was declared on Aug 13, 2026.
- ResMed (RMD) has declared its first higher dividend of the year in August in 4 of the last 5 years; its most recent raise, 10.0%, was declared on Aug 6, 2026.
- Cboe Global Markets (CBOE) has declared its first higher dividend of the year in August in 4 of the last 5 years; its most recent raise, 19.4%, was declared on Aug 13, 2026.
- Dover (DOV) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 1.0%, was declared on Aug 7, 2026.
- Tapestry (TPR) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 15.8%, was declared on Aug 13, 2026.
- Broadridge Financial Solutions (BR) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 11.8%, was declared on Aug 3, 2026.
- SS&C Technologies (SSNC) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 11.1%, was declared on Aug 17, 2026.
- Tyson Foods (TSN) has declared its first higher dividend of the year in August in 4 of the last 5 years; its most recent raise, 2.0%, was declared on Aug 7, 2025.
- Skyworks Solutions (SWKS) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 1.4%, was declared on Aug 5, 2025.
- Nordson (NDSN) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 14.6%, was declared on Aug 27, 2026.
- Reinsurance of America (RGA) has declared its first higher dividend of the year in August in 4 of the last 5 years; its most recent raise, 5.4%, was declared on Jul 23, 2026.
- Warner Music (WMG) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 5.3%, was declared on Aug 5, 2026.
- RB Global (RBA) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 6.5%, was declared on Jul 21, 2026.
- Carlisle (CSL) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 13.6%, was declared on Aug 6, 2026.
- EastGroup Properties (EGP) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 12.9%, was declared on Aug 27, 2026.
- Dillard's (DDS) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 20.0%, was declared on Aug 21, 2025.
- Federal Realty Investment Trust (FRT) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 2.7%, was declared on Jul 31, 2026.
- Westlake (WLK) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 0.6%, was declared on Aug 14, 2026.
- Avnet (AVT) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 5.7%, was declared on Aug 20, 2026.
- Terreno Realty (TRNO) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 9.6%, was declared on Aug 5, 2026.
- Chemed (CHE) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 16.7%, was declared on Aug 6, 2026.
- First American Financial (FAF) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 10.9%, was declared on Sep 16, 2026.
- Ingredion (INGR) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 1.2%, was declared on Sep 17, 2026.
- Open Text (OTEX) has declared its first higher dividend of the year in August in 4 of the last 5 years; its most recent raise, 1.8%, was declared on Aug 5, 2026.
- EnerSys (ENS) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 9.5%, was declared on Aug 12, 2026.
- H&R Block (HRB) has declared its first higher dividend of the year in August in 4 of the last 5 years; its most recent raise, 9.5%, was declared on Aug 11, 2026.
- StepStone (STEP) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 17.9%, was declared on Aug 4, 2026.
- Greif (GEF) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 10.7%, was declared on Jun 2, 2026.
- Badger Meter (BMI) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 10.0%, was declared on Aug 14, 2026.
- BancFirst (BANF) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 6.1%, was declared on Sep 21, 2026.
- MGE Energy (MGEE) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 6.9%, was declared on Aug 21, 2026.
- Stock Yards Bancorp (SYBT) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 3.1%, was declared on Aug 18, 2026.
- J&J Snack Foods (JJSF) has declared its first higher dividend of the year in August in 4 of the last 5 years; its most recent raise, 2.6%, was declared on Aug 11, 2025.
- Virtus Investment Partners (VRTS) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 6.7%, was declared on Aug 14, 2025.
- Winnebago Industries (WGO) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 2.9%, was declared on Aug 12, 2026.
How to read the raise calendar
Companies that raise their dividend every year usually do it at the same time each year, often alongside a particular quarter's results. Coca-Cola, for example, declares its higher dividend in February.
The month here is when the company declared its first higher dividend of the year. The higher payment goes ex-dividend a few weeks later and is paid after that. A raise announced in a press release can come earlier than the declaration.
Past timing is a pattern, not a promise. A company can skip a year or cut instead, which is why the table shows whether this year's raise has arrived.
Frequently asked questions
Which companies raise their dividends in August?
40 U.S. dividend stocks usually do, including Lam Research (LRCX), BP (BP), Altria (MO), Intuit (INTU), Illinois Tool Works (ITW) and Martin Marietta Materials (MLM). The table above lists all of them with their five-year record.
When does Lam Research raise its dividend?
Usually in August. Lam Research (LRCX) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 26.9%, was declared on Aug 26, 2026.
When does BP raise its dividend?
Usually in August. BP (BP) has declared its first higher dividend of the year in August in 3 of the last 5 years; its most recent raise, 4.2%, was declared on Aug 4, 2026.
When does Altria raise its dividend?
Usually in August. Altria (MO) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 4.7%, was declared on Aug 27, 2026.
When does Intuit raise its dividend?
Usually in August. Intuit (INTU) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 15.0%, was declared on Aug 20, 2026.
When does Illinois Tool Works raise its dividend?
Usually in August. Illinois Tool Works (ITW) has declared its first higher dividend of the year in August in 5 of the last 5 years; its most recent raise, 6.8%, was declared on Aug 7, 2026.
How much do companies raise their dividends in August?
The typical first raise of the year among August raisers is about 9.6%. Individual raises range widely, from token increases to double digits; the table shows each company's last raise and its usual size.
Is a dividend raise guaranteed?
No. These months describe what companies have done, not a promise. A company can skip a raise, change its timing, or cut its dividend; only its board decides, and it announces each dividend shortly before paying it.
How is the raise month decided here?
For each company, SmarterDividends takes the first higher dividend of each of the last five complete years and records the month it was declared (or, where the declaration date is missing, the month it went ex-dividend). A company appears in the month that happened most often, at least three times in five years. Companies that raise several times a year are left out.
Related
Raise months are derived from SmarterDividends' payment and declaration records for the last five complete years. For information only, not investment advice. Full calendar.