Companies That Usually Raise Their Dividend in November
Five-year record · updated
Key facts: dividend raises in November
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, 50 U.S.-listed dividend stocks usually declare their first dividend increase of the year in November, based on SmarterDividends' records of the last five complete years; 19 did so in November in all five.
- The largest companies that usually raise their dividend in November are Merck (MRK), Automatic Data Processing (ADP), Emerson Electric (EMR), EOG Resources (EOG) and Vertiv (VRT).
- The typical first raise of the year among companies that raise in November is 7.1%, the median of each company's five-year median increase.
- Among them, Emerson Electric (EMR) has the longest dividend-growth streak, 53 consecutive years.
- Vertiv (VRT) has had the largest typical raise among November raisers, a median of 65.8% over the last five years.
Cite this page
SmarterDividends, "Companies That Usually Raise Their Dividend in November," updated Oct 19, 2026, https://smarterdividends.com/dividend-raise-calendar/november
Every company that usually raises in November (50)
November raisers, one by one
- Merck (MRK) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 4.9%, was declared on Nov 18, 2025.
- Automatic Data Processing (ADP) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 10.4%, was declared on Nov 12, 2025.
- Emerson Electric (EMR) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 5.1%, was declared on Nov 5, 2025.
- EOG Resources (EOG) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 4.6%, was declared on May 30, 2025.
- Vertiv (VRT) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 65.8%, was declared on Nov 13, 2025.
- Motorola Solutions (MSI) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 11.0%, was declared on Nov 18, 2025.
- Cencora (COR) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 9.1%, was declared on Nov 4, 2025.
- Aflac (AFL) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 5.2%, was declared on Nov 11, 2025.
- Nike (NKE) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 2.5%, was declared on Nov 20, 2025.
- Becton, Dickinson and (BDX) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 27.2%, was declared on Jan 27, 2026.
- Agilent Technologies (A) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 2.8%, was declared on Nov 19, 2025.
- D.R. Horton (DHI) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 12.5%, was declared on Oct 28, 2025.
- Roper Technologies (ROP) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 10.3%, was declared on Nov 5, 2025.
- Atmos Energy (ATO) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 14.9%, was declared on Nov 5, 2025.
- HP (HPQ) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 3.8%, was declared on Nov 26, 2025.
- PulteGroup (PHM) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 18.2%, was declared on Nov 19, 2025.
- Amcor (AMCR) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 1.6%, was declared on Nov 5, 2025.
- Royal Gold (RGLD) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 5.6%, was declared on Nov 18, 2025.
- Evergy (EVRG) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 4.0%, was declared on Oct 30, 2025.
- Snap-on (SNA) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 14.0%, was declared on Nov 6, 2025.
- CDW (CDW) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 0.8%, was declared on Nov 4, 2025.
- Aramark (ARMK) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 14.3%, was declared on Nov 17, 2025.
- Assurant (AIZ) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 10.0%, was declared on Nov 13, 2025.
- Regency Centers (REG) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 7.1%, was declared on Oct 27, 2025.
- McCormick & (MKC) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 6.7%, was declared on Nov 18, 2025.
- Hormel Foods (HRL) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 1.0%, was declared on Nov 24, 2025.
- Fidelity National Financial (FNF) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 7.8%, was declared on Nov 7, 2025.
- Huntington Ingalls Industries (HII) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 2.2%, was declared on Oct 21, 2025.
- Amkor Technology (AMKR) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 1.2%, was declared on Nov 12, 2025.
- Autoliv (ALV) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 2.4%, was declared on Feb 19, 2026.
- AECOM (ACM) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 19.2%, was declared on Nov 18, 2025.
- United Bankshares (UBSI) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 2.7%, was declared on Nov 20, 2025.
- Dolby Laboratories (DLB) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 9.1%, was declared on Nov 11, 2025.
- Spire (SR) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 5.1%, was declared on Nov 13, 2025.
- California Resources (CRC) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 4.4%, was declared on Nov 4, 2025.
- Nelnet (NNI) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 10.0%, was declared on Nov 6, 2025.
- Griffon (GFF) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 22.2%, was declared on Nov 18, 2025.
- Kulicke and Soffa Industries (KLIC) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 2.5%, was declared on Nov 13, 2024.
- LXP Industrial Trust (LXP) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 3.7%, was declared on Oct 30, 2025.
- WesBanco (WSBC) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 2.7%, was declared on Nov 19, 2025.
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 November?
50 U.S. dividend stocks usually do, including Merck (MRK), Automatic Data Processing (ADP), Emerson Electric (EMR), EOG Resources (EOG), Vertiv (VRT) and Motorola Solutions (MSI). The table above lists all of them with their five-year record.
When does Merck raise its dividend?
Usually in November. Merck (MRK) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 4.9%, was declared on Nov 18, 2025.
When does Automatic Data Processing raise its dividend?
Usually in November. Automatic Data Processing (ADP) has declared its first higher dividend of the year in November in 5 of the last 5 years; its most recent raise, 10.4%, was declared on Nov 12, 2025.
When does Emerson Electric raise its dividend?
Usually in November. Emerson Electric (EMR) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 5.1%, was declared on Nov 5, 2025.
When does EOG Resources raise its dividend?
Usually in November. EOG Resources (EOG) has declared its first higher dividend of the year in November in 4 of the last 5 years; its most recent raise, 4.6%, was declared on May 30, 2025.
When does Vertiv raise its dividend?
Usually in November. Vertiv (VRT) has declared its first higher dividend of the year in November in 3 of the last 5 years; its most recent raise, 65.8%, was declared on Nov 13, 2025.
How much do companies raise their dividends in November?
The typical first raise of the year among November raisers is about 7.1%. 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.