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Dividend Aristocrat Consolidated Edison (ED) will raise its quarterly dividend by 1.3 percent to $0.775 per share in 2021. This marks the utility company's 47th consecutive year of higher dividends.

Dividend Aristocrat Cintas Corporation (CTAS) will raise its quarterly dividend by five cents to $0.75 per share in Q1 of 2021. This marks 38 consecutive years of dividend increases by the work uniforms maker.

Dividend Aristocrat Abbott Laboratories (ABT) will raise its quarterly dividend by 25% to $0.45 per share in the first quarter of 2021. This is by far the biggest increase announced by the company since it separated from fellow Aristocrat AbbVie (ABBV).

BDX is a Dividend Aristocrat (image: company website) Dividend Aristocrat Becton Dickinson (BDX) will raise its quarterly dividend by 5.1 percent to $0.83 per share in 2020.  This is double the dividend hike announced last year by the medical technology company and marks the 49th consecutive year of dividend increases for Becton.

Peanut butter and meat products maker Hormel Foods will raise its quarterly dividend to $0.245 per share in 2021. This marks the 55th consecutive year of dividend increases for Dividend Aristocrat Hormel Foods.

US Dividend Aristocrat McCormick (MKC) will raise its quarterly dividend by almost 10 percent to $0.68 per share in 2020, marking the 35th year of dividend increases by the spices and flavor company. On December 1, 2020 the company will do a 2-for-1 stock split.