Get alerts on this situation
We’ll email you as it develops, and you can follow the whole thread from day one.
Unsubscribe anytime.
[SITUATION] · [ACTIVE]
2 clusters · 7 sources · 11 days · First seen · Last updated
Categories: BUSINESS
Corporate dividend growth streaks
Entities: Madison Asset Management LLC · First Eagle Investment Management LLC · Amundi · Dividend Kings · MiniMed
Overview
In mid‑July 2026, analysts highlighted three major companies for their multi‑decade dividend increases.
McDonald's Corp. marked its 49th consecutive year of dividend raises, putting it one year short of the "Dividend King" benchmark. Despite a 20 % share‑price decline since February, the fast‑food chain pointed to franchise royalties and rent income as support for its 2.8 % forward yield.
Medical‑device maker Becton Dickinson posted a 54‑year dividend streak, offering a 2.7 % yield and emphasizing strong cash‑flow generation, low valuation multiples and an active share‑buyback program.
A week later, Medtronic announced its 49th straight dividend increase, positioning the company to join the Dividend Kings if it reaches a 50‑year run. The stock traded at a 3.4 % forward yield, with recent revenue growth driven by new product launches and AI‑enhanced tools, even as the firm faced supply‑chain and competitive pressures.
Together, these updates illustrate a broader focus on dividend reliability and yield among large U.S. and multinational corporations, with several firms nearing the coveted Dividend King status.
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] Medtronic's stock has declined 33% over the past five years. (86c9579e-3b08-466c-bd6d-d709a2dbfd37)
- [○ 1 SOURCE] Including reinvested dividends, Medtronic delivered a negative total return of 22% over the same period. (86c9579e-3b08-466c-bd6d-d709a2dbfd37)
- [○ 1 SOURCE] Medtronic raised its dividend for the 49th consecutive year in June. (86c9579e-3b08-466c-bd6d-d709a2dbfd37)
- [○ 1 SOURCE] The company's share price is about $87, with a forward earnings multiple of 15 times and a forward dividend yield of 3.4%. (86c9579e-3b08-466c-bd6d-d709a2dbfd37)
- [○ 1 SOURCE] Analysts have a median price target of $100 for Medtronic and have not issued any sell rating. (86c9579e-3b08-466c-bd6d-d709a2dbfd37)
- [○ 1 SOURCE] Fiscal 2026 revenue rose 8.4% to $36.4 billion, the strongest top‑line growth in ten years. (86c9579e-3b08-466c-bd6d-d709a2dbfd37)
- [○ 1 SOURCE] Free cash flow increased 4.6% to $5.43 billion in fiscal 2026. (86c9579e-3b08-466c-bd6d-d709a2dbfd37)
- [○ 1 SOURCE] Medtronic is launching new products including the Affera pulsed‑field ablation system, the Symplicity Spyral hypertension device and the Hugo robotic‑assisted surgery platform, and adding AI features. (86c9579e-3b08-466c-bd6d-d709a2dbfd37)
- [○ 1 SOURCE] McKesson reported consolidated revenue of $403.4 billion for fiscal 2026, up 12% year over year. (McKesson fiscal 2026 earnings release)
- [○ 1 SOURCE] McKesson's fourth‑quarter revenue was $96.3 billion, up 6% year over year. (McKesson fiscal 2026 earnings release)
- [○ 1 SOURCE] McKesson's earnings per diluted share for fiscal 2026 were $38.38. (McKesson fiscal 2026 report)
- [○ 1 SOURCE] Adjusted earnings per diluted share for fiscal 2026 were $39.11, an 18% increase. (McKesson fiscal 2026 report)
Timeline
-
1 day ago
[BUSINESS] 3 sourcesMcKesson reports $403.4 billion revenue and launches $2.25 billion share‑repurchase programMcKesson posted $403.4 billion revenue for fiscal 2026, EPS $38.38, launched a $2.25 billion share‑repurchase program and raised total buyback capacity to $7.7 billion.
-
12 days ago
[BUSINESS] 4 sourcesMcDonald's and Becton Dickinson Highlighted for Strong Dividend GrowthMcDonald's nears Dividend King status with a 49‑year payout streak, while Becton Dickinson marks 54 years of dividend growth and a total yield of 8.3% after buybacks.
Sources
fool.ca · fool.co.uk · inkedin.com · lesgrandsmaitres.fr · marketbeat.com · mommygearest.com · stocknews.com