🦅 Dividend Eagles Update: Who’s Soaring, Who’s Falling, and Who Just Took Off (September ’25)

Meticulously selected based on stringent criteria established by the MaxDividends Team.

MaxDividends Mission: Helping people build growing passive income, retire early, and live off dividends.

An updated compilation of top-performing dividend stocks with 15+ years of consecutive dividend increases, known as Dividend Eagles, selected based on stringent criteria.

⭐️ Premium Content

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🦅 Dividend Eagles List: September’25

Introducing the MaxDividends Dividend Eagles—your private runway to America’s most dependable cash-flow machines.

Hand-selected and continually vetted, this exclusive roster features 100+ U.S. companies that have raised their payouts for 15 straight years (or longer)—proof positive of fortress balance sheets and a boardroom culture laser-focused on rewarding shareholders.

These firms are the quiet rainmakers inside elite portfolios coast to coast—from household names you grew up with to under-the-radar performers most investors won’t spot until it’s too late.

Twice a year we reopen the hangar doors. Fresh earnings roll in, dividend hikes get inked, and we reassess every ticker. The overachievers earn or keep their Eagle wings; any laggards are grounded—no exceptions.

Today you’ll get the inside scoop:

• Who just ascended to Eagle status

• Who maintained their standing

• And who lost altitude and was cut

Ready to see which companies are quietly turning quarterly checks into generational wealth?

Buckle up—your next high-yield opportunity starts now.

Created by the MaxDividends Team. Available only on MaxDividends. Exclusive.

Top 10 🦅 Dividend Growth Focused: September’25

Ticker | Company | Dividend Yield | Dividend Growth 5Y | Market Value | Market Cap | Financial Score | Industry

TROW | T. Rowe Price Group | 4.82% | 63.00% | Undervalued | Large Cap | 97

TGT | Target Corporation | 4.94% | 71.00% | Undervalued | Large Cap | 91

SNA | Snap-On Inc | 2.66% | 96.00% | Fairly valued | Large Cap | 98

OZK | Bank Ozk | 3.34% | 68.00% | Undervalued | Mid Cap | 92

NRIM | Northrim BanCorp Inc | 2.79% | 95.00% | Fairly valued | Small Cap | 95

POOL | Pool Corporation | 1.64% | 124.00% | Fairly valued | Large Cap | 99

PRI | Primerica Inc | 1.55% | 143.00% | Fairly valued | Mid Cap | 95

LOW | Lowe's Companies Inc | 1.84% | 118.00% | Fairly valued | Large Cap | 95

PNC | PNC Financial Services | 3.32% | 50.00% | Fairly valued | Large Cap | 92

HSY | Hershey Co | 2.97% | 83.00% | Fairly valued | Large Cap | 94

Why These 10 Dividend Eagles Made the Cut in September

Each company on this list is a proven Dividend Eagle with 15+ years of steady payout hikes. What makes them stand out in September is a rare mix of strong financial scores and prices that are still fair — or even undervalued — compared to their fundamentals.

Markets have been choppy lately, with pressure on consumer spending and financials, yet Target and PNC are holding their ground at attractive entry points. Regional banks like OZK benefit from stable balance sheets while trading below fair value. On the other side, long-term compounders like Lowe’s and Pool Corp are fairly valued but continue to show double-digit dividend growth.

That’s why September’s spotlight falls here: a moment where quality meets opportunity — giving investors a chance to lock in reliable dividends at levels that may not last into the next quarter.

Key Benefits of the Dividend Eagles Top Stocks List

Consistent Dividend Growth

Companies featured have a proven history of not only paying dividends but also increasing them annually for over 15 years. This consistency can provide investors with a growing income stream, which is particularly valuable for those seeking passive income or planning for retirement.

Financial Stability

The stringent criteria ensure that only financially robust companies are included. These firms have demonstrated resilience across various market cycles, making them potentially safer investments during economic downturns.

Comprehensive Research

The list is meticulously compiled by the MaxDividends team, leveraging in-depth analysis and strict selection criteria. This saves investors time and effort in identifying high-quality dividend stocks, providing a reliable resource for building a dividend-focused portfolio.

Enhanced Portfolio Performance

Investing in companies with a strong dividend growth history can lead to superior long-term returns. Reinvested dividends and the power of compounding can significantly boost portfolio value over time.

Access to Exclusive Insights

Subscribers to the Dividend Eagles Top Stocks List gain access to regular updates, detailed company analyses, and insights into dividend trends, helping them make informed investment decisions.

These companies have been meticulously selected based on stringent criteria established by the MaxDividends team.

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Top 10 🦅 Capital Growth Focused: September’25

Ticker | Company | Dividend Yield | Dividend Growth 5 years | Market Value | Market Cap | Financial Score | Industry

WST | West Pharmaceutical | 0.34% | 33.00% | Fairly valued | Large Cap | 98

AIT | Applied Industrial Techno | 0.70% | 19.00% | Undervalued | Mid Cap | 98

CHE | Chemed Corp | 0.52% | 45.00% | Fairly valued | Mid Cap | 96

LNN | Lindsay Corporation | 1.08% | 14.00% | Fairly valued | Small Cap | 98

DOV | Dover Corporation | 1.19% | 6.00% | Fairly valued | Large Cap | 98

BRC | Brady Corporation | 1.24% | 11.00% | Fairly valued | Mid Cap | 98

BRO | Brown & Brown Inc | 0.63% | 66.00% | Fairly valued | Large Cap | 97

MSFT | Microsoft Corporation | 0.66% | 53.00% | Fairly valued | Large Cap | 99

GWW | WW Grainger Inc | 0.89% | 41.00% | Undervalued | Large Cap | 99

ROP | Roper Technologies | 0.63% | 62.00% | Fairly valued | Large Cap | 91

Why We’re Watching These 10 in September

This month’s Capital Growth Dividend Eagles stand out for combining elite financial strength with steady dividend growth — even if their yields are on the lower side. What makes them attractive in September is that many are still fairly valued (or even undervalued), despite being long-term compounders with proven track records.

Big names like Microsoft and Roper continue to drive earnings momentum while quietly raising dividends every year. Industrial leaders such as Dover and Applied Industrial Technologies are benefiting from strong demand and still trade at reasonable valuations. Meanwhile, insurers like Brown & Brown offer a growth story with impressive dividend consistency.

That’s why September’s spotlight is here: a group of high-quality businesses positioned for capital growth, with dividends acting as the steady bonus along the way.

By incorporating the Dividend Eagles Top Stocks List into your investment strategy, you align yourself with a disciplined approach focused on quality, stability, and growth.

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🦅 Dividend Eagles

An updated compilation of 100+ top-performing dividend stocks with 15+ years of consecutive dividend increases, selected based on MaxDividends’ strict criteria.

Companies featured on the Dividend Eagles list have a proven track record of regular and increasing dividend payouts. This ensures you receive a reliable income, whether you're planning for retirement or seeking additional cash flow.

The Dividend Eagles list offers precisely that—a gateway to financial growth and stability.

Beyond dividends, these companies often exhibit strong fundamentals and growth prospects. Investing in them not only provides income but also the opportunity for your investment to grow over time.

This is how we build our own growing passive income and long-term wealth.

Dividend Eagles 2025: Who’s In, Who’s Out Recently

Who’s In (New Status → BUY)

1. KO - The Coca-Cola Company: Coca-Cola is known for its strong brand and global reach, offering a dividend yield of 2.82% with a 60-year streak of increasing dividends. It's a staple choice for long-term dividend investors.

2. GPC - Genuine Parts Co: A leader in automotive replacement parts, Genuine Parts Co has a robust dividend history, consistently rewarding its shareholders over the years.

3. PH - Parker-Hannifin Corp: Specializing in motion and control technologies, Parker-Hannifin Corp boasts a reliable dividend track record, appealing to investors seeking long-term income.

4. FUL - H B Fuller Company: As a global adhesives provider, H B Fuller Company offers a consistent dividend, underscoring its commitment to shareholder returns.

5. ADI - Analog Devices Inc: Known for its focus on high-performance analog technology, Analog Devices Inc provides a stable dividend, enhancing its appeal to income-focused investors.

6. LSTR - Landstar System Inc: This asset-light provider of integrated transportation management solutions offers a solid dividend, attracting investors looking for steady returns.

7. BK - The Bank of New York Mellon: With a rich history in financial services, BNY Mellon offers a competitive dividend yield, making it a strong choice for income investors.

8. PNC - PNC Financial Services Group Inc: A diversified financial services powerhouse, PNC consistently pays dividends, reflecting its stable financial health.

9. HOMB - Home BancShares Inc: Known for its banking services, Home BancShares Inc offers a reliable dividend, appealing to investors seeking steady income.

10. CFR - Cullen/Frost Bankers Inc: With a focus on banking services in Texas, Cullen/Frost Bankers Inc provides a solid dividend, underlining its commitment to shareholder value.

11. MKTX - MarketAxess Holdings Inc: As a leading electronic trading platform, MarketAxess Holdings Inc offers dividends, though its growth focus may keep yields modest.

12. MMC - Marsh & McLennan: A global leader in insurance and risk management, Marsh & McLennan offers a steady dividend, appealing to income-centric investors.

13. HNI - HNI Corp: With its focus on office furniture and hearth products, HNI Corp provides dividends, appealing to those seeking stable returns.

14. JBHT - JB Hunt Transport Services: As a leader in transportation and logistics, JB Hunt Transport Services offers dividends, making it a reliable choice for income investors.

15. JKHY - Jack Henry & Associates Inc: Specializing in tech solutions for financial institutions, Jack Henry & Associates Inc provides a consistent dividend, appealing to long-term investors.

16. AJG - Arthur J Gallagher & Co: Known for its insurance brokerage services, Arthur J Gallagher & Co offers a stable dividend yield, highlighting its financial strength.

Who’s on Hold (New Status → HOLD)

1. YORW York Water score → reason: Financial Score 91 → 88

2. MGRC McGrath RentCorp score → reason: Financial Score 90 → 89

3. WM Waste Management Inc score → reason: Financial Score 90 → 89

4. BBY BestBuy Co score → reason: Financial Score 94 → 85

5. AROW Arrow Financial Corp → reason: Financial Score 94 → 85

6. LARK Landmark Bancorp score → reason: Financial Score 92 → 81

7. TXN Texas Instruments Inc → reason: Current PayOut Ratio

8. MCHP Microchip Technology Inc → reason: Current PayOut Ratio

9. UPS United Parcel Services → reason: Current PayOut Ratio

10. PII Polaris Industries → reason: Current PayOut Ratio

11. RHI Robert Half Int → reason: Current PayOut Ratio

Reason: Financial Score

According to the latest financial analysis, the company’s current results aren’t showing the growth we look for—or there’s a noticeable slowdown in the business. Based on the full set of financial indicators, the company’s Financial Score has dropped below 90. When that happens, we move the stock to a Hold status.

In most cases, we simply take a pause on adding more shares of these positions.
We don’t make any changes to the shares already in the portfolio—those stay as they are. No action needed. Just holding steady.

If the business shows clear signs of improvement down the road, it may return to the Buy list.

Reason: Current PayOut Ratio

Based on the latest financial reports, the company is currently paying out more in dividends than it’s earning in profits. That can happen from time to time—and on its own, it’s not an automatic sell signal unless there are other red flags in the business.

In most cases, we simply take a pause on adding more shares of these positions.
We don’t make any changes to the shares already in the portfolio—those stay as they are. No action needed. Just holding steady.

Because of this, we’re moving the stock to a Hold status for now. If the payout levels come back down to a more sustainable range, it may be added back to the Buy list.

Who’s Out (New Status → SELL)

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MaxDividends Mission

Helping people build growing passive income, retire early, and live off dividends.

Someone's sitting in the shade today because someone planted a tree a long time ago. ― Warren Buffett.

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*Disclaimer: This article reflects the author’s personal opinions and is intended for educational and entertainment purposes only. It does not constitute financial advice in any form. Always do your own research and consult a licensed financial advisor. The author may hold positions in some of the stocks mentioned, in line with the views expressed. This is a disclosure, not a recommendation to buy or sell any securities.

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