Consecutive years of dividends held or raised (Div streak)
Years in a row the regular dividend per share was held or raised.
Boards cut dividends only under real pressure, so a long unbroken run is a genuine signal about management confidence.
How it is computed here
Count of consecutive completed years, newest first, with regular dividends per share not below the year before
Combines more than one basis. See the note. Years in a row the dividend per share was held or raised, from the record of declared dividends. Where that record cannot be used, the count of filed years in which the total cash paid did not fall, which is a different thing counted a different way. Filed under quality. Higher is the stronger reading, other things equal.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- Per share, so buybacks do not break it and new shares do not hide a cut.
- Beyond the filed years, the record is the data vendor's.
- When that record begins inside the run, the count is a floor and the source trail says so.
Questions
How is consecutive years of dividends held or raised calculated?
Count of consecutive completed years, newest first, with regular dividends per share not below the year before. Combines more than one basis. See the note. Years in a row the dividend per share was held or raised, from the record of declared dividends. Where that record cannot be used, the count of filed years in which the total cash paid did not fall, which is a different thing counted a different way.
What does consecutive years of dividends held or raised tell a value investor?
Boards cut dividends only under real pressure, so a long unbroken run is a genuine signal about management confidence.
When does consecutive years of dividends held or raised mislead?
Per share, so buybacks do not break it and new shares do not hide a cut. Beyond the filed years, the record is the data vendor's. When that record begins inside the run, the count is a floor and the source trail says so.