DIVIDENDTRACKRECORDS.COM

In a recent development, software and technology company Microsoft (MSFT) has solidified its position as the largest dividend payer in the United States, outpacing its closest competitors, including Apple and Exxon Mobil. The tech giant's latest dividend announcement (a 10.3% dividend hike, marking 21 consecutive years of dividend growth) reflects a significant increase, further extending its lead in this regard. Microsoft is approaching Dividend Aristocrat status.

Fastenal is almost a dividend aristocrat with 24 hike years in 2023 In the world of investment, consistency and reliability are highly prized attributes, and for investors seeking stable dividend income, the journey to becoming a " Dividend Aristocrat " is a coveted milestone. These prestigious titles are awarded to companies listed on the US stock market that have consistently increased their dividend payouts for a minimum of 25 consecutive years. As we approach 2024, several companies are poised to enter this exclusive club, with 24 consecutive years of increased dividends under their belt.

Philip Morris International Inc. (NYSE: PM) has announced that its Board of Directors has approved a 2.4% increase in the company's regular quarterly dividend. The new dividend rate will be an annualized amount of $5.20 per share, reflecting an increase from the previous rate of $5.07 per share.

In a remarkable feat, Trane Technologies (NYSE: TT) has reached an all-time high stock price of $210 today, marking a staggering 25% year-to-date increase. This achievement comes on the heels of the company's consistent commitment to sustainability and innovation, highlighted by its impressive history of dividend growth and a newly announced 11.9% dividend hike for 2023, bringing the current dividend yield to 1.5%.

Investors seeking a blend of steady income and capital appreciation often turn to Dividend Aristocrats , a group of elite companies with a history of consistently paying and increasing dividends. The best performing Dividend Aristocrat in 2023 is West Pharmaceutical Services with a 67.3% total return.

Dividend Aristocrat   Stanley Black & Decker (SWK) will hike its dividend by 1.3% to 81 cents quarterly per share. This marks 56 consecutive years of dividend growth for the tools maker.

In 2022 Headwaters announced a cooperation with AI giant Nvidia One of the best performing stocks worldwide in 2023 is Headwaters Co from Japan with a gain of 670% in 2023 as of July 10. Headwaters provides artificial intelligence (AI) solutions and is benefiting from the explosive growth for the sector and the hunt for AI-stocks by investors. However the valuation looks very high, certainly when the current 30%+ revenue growth drops to lower levels.