SmarterDividends

Companies That Usually Raise Their Dividend in October

Five-year record · updated

60 U.S. dividend stocks usually declare their dividend increase in October, including Visa (V), ExxonMobil (XOM), AbbVie (ABBV) and Amphenol (APH). 28 of them have raised in October every year for the last five. The typical raise is about 6.1%.

Key facts: dividend raises in October

Data as of · Source: SmarterDividends data

  • As of Oct 19, 2026, 60 U.S.-listed dividend stocks usually declare their first dividend increase of the year in October, based on SmarterDividends' records of the last five complete years; 28 did so in October in all five.
  • The largest companies that usually raise their dividend in October are Visa (V), ExxonMobil (XOM), AbbVie (ABBV), Amphenol (APH) and McDonald's (MCD).
  • The typical first raise of the year among companies that raise in October is 6.1%, the median of each company's five-year median increase.
  • Among them, RPM International (RPM) has the longest dividend-growth streak, 38 consecutive years.
  • First Citizens BancShares (FCNCA) has had the largest typical raise among October raisers, a median of 39.2% over the last five years.
Cite this page

SmarterDividends, "Companies That Usually Raise Their Dividend in October," updated Oct 19, 2026, https://smarterdividends.com/dividend-raise-calendar/october

Every company that usually raises in October (60)

Largest first. "Raised this month" counts how many of the last five years the first raise of the year came in October.
Companies that usually raise their dividend in October
CompanyThis year
VVVisa Inc.5 of 5 yrs · last +13.6%Due this month
XOMXOMExxonMobil Holdings Corporation4 of 5 yrs · last +4.0%Due this month
ABBVABBVAbbVie Inc.5 of 5 yrs · last +5.5%Due this month
APHAPHAmphenol Corporation4 of 5 yrs · last +51.5%Due this month
MCDMCDMcDonald's Corporation3 of 5 yrs · last +5.1%Due this month
STXSTXSeagate Technology Holdings plc3 of 5 yrs · last +2.8%Due this month
MPCMPCMarathon Petroleum Corporation3 of 5 yrs · last +9.9%Due this month
LMTLMTLockheed Martin Corporation3 of 5 yrs · last +4.5%Due this month
AEPAEPAmerican Electric Power Company, Inc.5 of 5 yrs · last +2.2%Due this month
LNGLNGCheniere Energy, Inc.3 of 5 yrs · last +11.0%Due this month
MPLXMPLXMPLX LP3 of 5 yrs · last +12.5%Due this month
ETRETREntergy Corporation5 of 5 yrs · last +6.7%Due this month
ROKROKRockwell Automation, Inc.5 of 5 yrs · last +5.3%Due this month
WCNWCNWaste Connections, Inc.3 of 5 yrs · last +11.1%Raised Feb 11, 2026
HIGHIGThe Hartford Insurance Group, Inc.4 of 5 yrs · last +15.4%Due this month
WSTWSTWest Pharmaceutical Services, Inc.4 of 5 yrs · last +4.8%Due this month
HUBBHUBBHubbell Incorporated5 of 5 yrs · last +7.6%Due this month
FCNCAFCNCAFirst Citizens BancShares, Inc.4 of 5 yrs · last +7.7%Due this month
BROBROBrown & Brown, Inc.5 of 5 yrs · last +10.0%Due this month
FCNCBFCNCBFirst Citizens BancShares, Inc.4 of 5 yrs · last +7.7%Due this month
ROLROLRollins, Inc.3 of 5 yrs · last +10.9%Due this month
LDOSLDOSLeidos Holdings, Inc.3 of 5 yrs · last +7.5%Due this month
LECOLECOLincoln Electric Holdings, Inc.5 of 5 yrs · last +5.3%Due this month
RPMRPMRPM International Inc.5 of 5 yrs · last +5.9%Due this month
PNWPNWPinnacle West Capital Corporation4 of 5 yrs · last +1.7%Due this month
AFGAFGAmerican Financial Group, Inc.4 of 5 yrs · last +10.2%Raised Oct 1, 2026
UMBFUMBFUMB Financial Corporation4 of 5 yrs · last +16.3%Raised Jul 28, 2026
TFIITFIITFI International Inc.3 of 5 yrs · last +4.4%Raised Mar 16, 2026
CGNXCGNXCognex Corporation3 of 5 yrs · last +6.3%Due this month
PBPBProsperity Bancshares, Inc.5 of 5 yrs · last +3.4%Due this month
AOSAOSA. O. Smith Corporation5 of 5 yrs · last +5.9%Due this month
IDAIDAIDACORP, Inc.5 of 5 yrs · last +2.3%Due this month
ZWSZWSZurn Elkay Water Solutions Corporation3 of 5 yrs · last +22.2%Due this month
BOKFBOKFBOK Financial Corporation3 of 5 yrs · last +10.5%Due this month
MSMMSMMSC Industrial Direct Co., Inc.4 of 5 yrs · last +2.4%Due this month
AWIAWIArmstrong World Industries, Inc.5 of 5 yrs · last +10.1%Due this month
ASBASBAssociated Banc-Corp4 of 5 yrs · last +4.3%Due this month
AUBAUBAtlantic Union Bankshares Corporation3 of 5 yrs · last +8.8%Due this month
SIGISIGISelective Insurance Group, Inc.3 of 5 yrs · last +13.2%Due this month
UNFUNFUniFirst Corporation5 of 5 yrs · last +4.3%Due this month
KTBKTBKontoor Brands, Inc.5 of 5 yrs · last +1.9%Due this month
AVNTAVNTAvient Corporation5 of 5 yrs · last +1.9%Due this month
THOTHOTHOR Industries, Inc.5 of 5 yrs · last +4.0%Due this month
MWAMWAMueller Water Products, Inc.5 of 5 yrs · last +4.5%Due this month
SXISXIStandex International Corporation5 of 5 yrs · last +6.3%Due this month
LBRTLBRTLiberty Energy Inc.3 of 5 yrs · last +12.5%Due this month
NWNNWNNorthwest Natural Holding Company5 of 5 yrs · last +0.6%Due this month
MTXMTXMinerals Technologies Inc.3 of 5 yrs · last +9.1%Due this month
GRCGRCThe Gorman-Rupp Company5 of 5 yrs · last +2.7%Due this month
GTYGTYGetty Realty Corp.5 of 5 yrs · last +3.2%Due this month
STBASTBAS&T Bancorp, Inc.3 of 5 yrs · last +2.8%Raised Apr 29, 2026
SCLSCLStepan Company5 of 5 yrs · last +2.6%Due this month
TMPTMPTompkins Financial Corporation3 of 5 yrs · last +4.5%Raised Jul 23, 2026
TNCTNCTennant Company5 of 5 yrs · last +5.1%Due this month
REPXREPXRiley Exploration Permian, Inc.5 of 5 yrs · last +5.3%Due this month
MSEXMSEXMiddlesex Water Company4 of 5 yrs · last +5.9%Due this month
NXRTNXRTNexPoint Residential Trust, Inc.4 of 5 yrs · last +3.9%Due this month
HTBHTBHomeTrust Bancshares, Inc.5 of 5 yrs · last +15.4%Raised Apr 23, 2026
CASSCASSCass Information Systems, Inc.5 of 5 yrs · last +3.2%Due this month
FDBCFDBCFidelity D & D Bancorp, Inc.5 of 5 yrs · last +7.5%Due this month

October raisers, one by one

  • Visa (V) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 13.6%, was declared on Oct 28, 2025.
  • ExxonMobil (XOM) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 4.0%, was declared on Oct 31, 2025.
  • AbbVie (ABBV) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.5%, was declared on Oct 31, 2025.
  • Amphenol (APH) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 51.5%, was declared on Oct 22, 2025.
  • McDonald's (MCD) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 5.1%, was declared on Oct 22, 2025.
  • Seagate Technology (STX) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 2.8%, was declared on Oct 28, 2025.
  • Marathon Petroleum (MPC) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 9.9%, was declared on Oct 29, 2025.
  • Lockheed Martin (LMT) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 4.5%, was declared on Oct 9, 2025.
  • American Electric Power (AEP) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 2.2%, was declared on Oct 22, 2025.
  • Cheniere Energy (LNG) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 11.0%, was declared on Oct 28, 2025.
  • MPLX LP (MPLX) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 12.5%, was declared on Oct 28, 2025.
  • Entergy (ETR) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 6.7%, was declared on Oct 31, 2025.
  • Rockwell Automation (ROK) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.3%, was declared on Oct 30, 2025.
  • Waste Connections (WCN) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 11.1%, was declared on Feb 11, 2026.
  • Hartford Insurance (HIG) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 15.4%, was declared on Oct 27, 2025.
  • West Pharmaceutical Services (WST) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 4.8%, was declared on Jul 23, 2025.
  • Hubbell (HUBB) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 7.6%, was declared on Oct 23, 2025.
  • First Citizens BancShares (FCNCA) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 7.7%, was declared on Oct 21, 2025.
  • Brown & Brown (BRO) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 10.0%, was declared on Oct 22, 2025.
  • First Citizens BancShares (FCNCB) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 7.7%, was declared on Oct 21, 2025.
  • Rollins (ROL) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 10.9%, was declared on Oct 28, 2025.
  • Leidos (LDOS) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 7.5%, was declared on Oct 31, 2025.
  • Lincoln Electric (LECO) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.3%, was declared on Oct 15, 2025.
  • RPM International (RPM) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.9%, was declared on Oct 2, 2025.
  • Pinnacle West Capital (PNW) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 1.7%, was declared on Oct 22, 2025.
  • American Financial (AFG) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 10.2%, was declared on Oct 1, 2026.
  • UMB Financial (UMBF) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 16.3%, was declared on Jul 28, 2026.
  • TFI International (TFII) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 4.4%, was declared on Mar 16, 2026.
  • Cognex (CGNX) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 6.3%, was declared on Oct 29, 2025.
  • Prosperity Bancshares (PB) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 3.4%, was declared on Oct 22, 2025.
  • A. O. Smith (AOS) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.9%, was declared on Oct 13, 2025.
  • IDACORP (IDA) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 2.3%, was declared on Oct 16, 2025.
  • Zurn Elkay Water Solutions (ZWS) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 22.2%, was declared on Oct 28, 2025.
  • BOK Financial (BOKF) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 10.5%, was declared on Oct 28, 2025.
  • MSC Industrial Direct (MSM) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 2.4%, was declared on Oct 7, 2025.
  • Armstrong World Industries (AWI) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 10.1%, was declared on Oct 22, 2025.
  • Associated Banc-Corp (ASB) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 4.3%, was declared on Oct 28, 2025.
  • Atlantic Union Bankshares (AUB) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 8.8%, was declared on Oct 30, 2025.
  • Selective Insurance (SIGI) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 13.2%, was declared on Oct 18, 2025.
  • UniFirst (UNF) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 4.3%, was declared on Oct 28, 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 October?

60 U.S. dividend stocks usually do, including Visa (V), ExxonMobil (XOM), AbbVie (ABBV), Amphenol (APH), McDonald's (MCD) and Seagate Technology (STX). The table above lists all of them with their five-year record.

When does Visa raise its dividend?

Usually in October. Visa (V) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 13.6%, was declared on Oct 28, 2025.

When does ExxonMobil raise its dividend?

Usually in October. ExxonMobil (XOM) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 4.0%, was declared on Oct 31, 2025.

When does AbbVie raise its dividend?

Usually in October. AbbVie (ABBV) has declared its first higher dividend of the year in October in 5 of the last 5 years; its most recent raise, 5.5%, was declared on Oct 31, 2025.

When does Amphenol raise its dividend?

Usually in October. Amphenol (APH) has declared its first higher dividend of the year in October in 4 of the last 5 years; its most recent raise, 51.5%, was declared on Oct 22, 2025.

When does McDonald's raise its dividend?

Usually in October. McDonald's (MCD) has declared its first higher dividend of the year in October in 3 of the last 5 years; its most recent raise, 5.1%, was declared on Oct 22, 2025.

How much do companies raise their dividends in October?

The typical first raise of the year among October raisers is about 6.1%. 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.

Raise calendar by month

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Related

This week's dividend increases and cutsWeekly dividend changes archiveDividend AristocratsDividend KingsDividends by payment month

Raise months are derived from SmarterDividends' payment and declaration records for the last five complete years. For information only, not investment advice. Full calendar.