30 previously collected Nanalyze references plus 70 independent screen candidates: 49 additional NOBL holdings and 21 additional SDY holdings. The result is a research universe of 100 stocks, not Nanalyze’s proprietary portfolio or 100 companies verified against every Quantigence requirement.
The seven public factors Nanalyze describes dividend-increase history, company size, international sales, current yield, five-year dividend growth, ten-year dividend growth and payout ratio. Its public framework begins with 25-year growers and removes smaller companies. The historical market-cap threshold in that article is not a current universal cutoff. The exact licensed inputs, current universe and official Q-scores require Nanalyze’s own data.
Nanalyze · Quantigence and its seven factors Growth of income matters more than the largest yield Nanalyze treats the dividend record as evidence of business durability. A large yield can reflect a falling share price, while slow increases can signal weakening prospects. Its public portfolio-construction guide also discusses upcoming champions with shorter records. We use that distinction to include a clearly labeled 20-year screening group, rather than imply every candidate has 25 standalone years.
Nanalyze · Dividend rules, upcoming champions and portfolio construction How the 70 additions were selected First, we added the 49 NOBL holdings not already in the section, using ProShares holdings dated September 18, 2026. The index targets S&P 500 companies with at least 25 consecutive annual dividend increases. Then we selected 21 additional names from State Street’s SDY holdings dated September 17, whose index targets at least 20 years. These add technology, services, insurance, utilities and royalty exposure.
ProShares · NOBL methodology and full holdings A screening result is the start of research Index membership does not verify the other Q-score inputs or guarantee that the next dividend will rise. SDY additions must be reviewed against the stricter 25-year rule; any candidate can fail current size, international-sales, growth or payout requirements. Kenvue has a short standalone history despite index treatment of predecessor history. REIT payout coverage should be examined using property cash-flow measures alongside ordinary earnings.
State Street · SDY methodology and full holdings Diversify the business risks The expanded universe covers consumer brands, healthcare, industrial services, technology, financials, utilities, materials, energy and property. Each added stock has a business rationale and a specific question to investigate. Sector coverage helps organize research; it does not make these companies equally attractive or justify buying all 100. We have not estimated future price targets or claimed a completed fundamental valuation.
How to interpret the ranking The 20 existing Income Lens Q-score estimates remain assessed; the other 80 stocks are explicitly unassessed. No score is inferred from index membership or price returns. Unassessed stocks follow alphabetically in the default view, and all 100 are available in return sorts. The price-history comparison is separate from dividend-growth quality and cannot replace the missing fundamental inputs.
Primary sources The 100-investment research universe Every investment has a permanent page, source link and price history. The notes below distinguish existing creator references from independent additions. Research candidates are not buy recommendations or a claim about current fair value.
ABBV AbbVie Inc. Healthcare · Independent candidate Biopharmaceutical cash flows provide a healthcare dividend comparison.
Research question: Patent expirations, pipeline execution and debt are central risks.
NOBL issuer holdings ABT Abbott Laboratories Healthcare · Top core stock Nanalyze described Abbott as its highest-ranked core dividend-growth stock in December 2025.
Selection source ACN Accenture plc Technology · Independent candidate Global consulting and managed services provide repeat enterprise demand.
Research question: Client spending, AI disruption and contract execution affect growth.
SDY issuer holdings ADI Analog Devices Technology · Upcoming champion Nanalyze names Analog Devices among the highest-scoring companies with 20-plus years of dividend increases.
Selection source ADM Archer-Daniels-Midland Company Consumer staples · Independent candidate Agricultural processing diversifies the business sources of dividends.
Research question: Commodity margins, governance and working-capital swings need review.
NOBL issuer holdings ADP Automatic Data Processing Business services · Nanalyze holding Nanalyze uses ADP as an example of a clear, balanced capital-allocation policy.
Selection source AFL Aflac Financials · Financial finalist One of four financial dividend champions Nanalyze selected for closer comparison.
Selection source AIZ Assurant, Inc. Financials · Independent candidate Specialty insurance provides differentiated consumer and housing exposure.
Research question: Claims, concentration and economic cycles affect payout room.
SDY issuer holdings ALB Albemarle Materials · Nanalyze candidate Nanalyze highlights Albemarle as a dividend-growth company that also provides lithium exposure.
Selection source AMCR Amcor plc Materials · Independent candidate Consumer packaging adds recurring volume across end markets.
Research question: Debt, restructuring and customer demand affect dividend coverage.
NOBL issuer holdings AMP Ameriprise Financial, Inc. Financials · Independent candidate Wealth management fees support a recurring financial-services model.
Research question: Market levels, client flows and regulatory costs can affect earnings.
SDY issuer holdings AOS A. O. Smith Corporation Industrials · Independent candidate Water-heating replacement demand supports recurring product sales.
Research question: Construction, China exposure and input costs affect growth.
NOBL issuer holdings APD Air Products and Chemicals Materials · Nanalyze materials candidate Industrial-gases company included in Nanalyze’s February 2024 materials dividend comparison.
Selection source ATO Atmos Energy Corporation Utilities · Independent candidate Regulated gas distribution provides a recurring utility-income model.
Research question: Financing needs, safety obligations and rate decisions can constrain growth.
NOBL issuer holdings AWR American States Water Utilities · Track-record leader Nanalyze features American States Water for one of the longest records of annual dividend increases.
Selection source BDX Becton, Dickinson and Company Healthcare · Independent candidate Recurring medical products diversify healthcare cash flows.
Research question: Product quality, litigation and acquisition debt can constrain dividend capacity.
NOBL issuer holdings BEN Franklin Resources Financials · Nanalyze holding · watch Nanalyze still held Franklin Resources in its public review, while warning that a high yield and weakening dividend growth can be trouble.
Selection source BF-B Brown-Forman Corporation Consumer staples · Independent candidate Global spirits brands offer repeat demand and international exposure.
Research question: Changing alcohol consumption, tariffs and distributor inventory create risk.
NOBL issuer holdings BRO Brown & Brown, Inc. Financials · Independent candidate Insurance brokerage offers recurring commissions without direct underwriting exposure.
Research question: Acquisition integration, pricing cycles and valuation need review.
NOBL issuer holdings CAH Cardinal Health, Inc. Healthcare · Independent candidate Medical and pharmaceutical distribution adds recurring healthcare volume.
Research question: Thin margins, customer concentration and litigation can affect cash flow.
NOBL issuer holdings CAT Caterpillar Industrials · Nanalyze candidate Nanalyze highlights Caterpillar as a dividend-growth company that also provides connected-equipment exposure.
Selection source CB Chubb Limited Financials · Independent candidate Global insurance operations diversify earnings sources.
Research question: Catastrophes, reserve errors and underwriting cycles can hurt cash flows.
NOBL issuer holdings CHD Church & Dwight Co., Inc. Consumer staples · Independent candidate Household and personal-care brands provide repeat demand.
Research question: Retailer concentration, competition and input inflation affect margins.
NOBL issuer holdings CHRW C.H. Robinson Worldwide, Inc. Industrials · Independent candidate Asset-light freight brokerage adds a logistics dividend-growth comparison.
Research question: Freight cycles and pricing pressure can impair cash generation.
NOBL issuer holdings CINF Cincinnati Financial Corporation Financials · Independent candidate Insurance underwriting and investment income add financial-sector diversification.
Research question: Catastrophes, loss reserves and equity-market exposure create volatility.
NOBL issuer holdings CL Colgate-Palmolive Company Consumer staples · Independent candidate Global oral-care and household brands add international consumer exposure.
Research question: Currency movements, competition and valuation affect the dividend-growth thesis.
NOBL issuer holdings CLX The Clorox Company Consumer staples · Independent candidate Household brands add recurring consumer demand.
Research question: Execution, input costs and brand competition can constrain dividend growth.
NOBL issuer holdings CMI Cummins Inc. Industrials · Independent candidate Engines and aftermarket services diversify industrial dividend sources.
Research question: Truck cycles, emissions costs and technology transition affect cash flows.
SDY issuer holdings CNI Canadian National Railway Industrials · Nanalyze holding · Feb 2026 Nanalyze identified Canadian National Railway as a portfolio holding in February 2026. CNI is its U.S. listing; the Canadian ticker is CNR.
Selection source CNQ Canadian Natural Resources Energy · Canadian dividend candidate One of Nanalyze’s five featured Canadian dividend names in February 2026. Charts use the U.S. listing in USD.
Selection source COST Costco Wholesale Corporation Consumer staples · Independent candidate Membership fees and repeat retail demand provide a durable business comparison.
Research question: Valuation and thin retail margins matter; special dividends are not recurring growth.
SDY issuer holdings CSL Carlisle Companies Incorporated Industrials · Independent candidate Building-envelope products offer a specialized dividend-growth comparison.
Research question: Construction cycles and business concentration affect earnings.
SDY issuer holdings CTAS Cintas Corporation Industrials · Independent candidate Workplace services and rental contracts support recurring revenue.
Research question: Employment cycles and a demanding valuation can limit future returns.
NOBL issuer holdings CVX Chevron Corporation Energy · Independent candidate Integrated energy operations diversify dividend-growth sources.
Research question: Commodity prices and large capital projects make cash coverage cyclical.
NOBL issuer holdings DOV Dover Corporation Industrials · Independent candidate Diversified engineered products add multiple industrial cash-flow sources.
Research question: Cyclical demand and acquisitions can affect coverage.
NOBL issuer holdings ECL Ecolab Inc. Materials · Independent candidate Water, hygiene and service relationships support repeat customer revenue.
Research question: Industrial activity, input costs and valuation remain material.
NOBL issuer holdings ED Consolidated Edison, Inc. Utilities · Independent candidate Regulated utility investment offers a predictable business framework.
Research question: Rate decisions, financing costs and heavy capital expenditure constrain growth.
NOBL issuer holdings EMR Emerson Electric Co. Industrials · Independent candidate Industrial automation supports a recurring investment and service thesis.
Research question: Industrial cycles and portfolio changes affect the historical comparison.
NOBL issuer holdings ERIE Erie Indemnity Company Financials · Independent candidate Insurance administration fees offer a different earnings model from underwriting.
Research question: Concentrated agency relationships and valuation are key risks.
NOBL issuer holdings ES Eversource Energy Utilities · Independent candidate Regulated electricity and gas operations add defensive-business exposure.
Research question: Capital spending, debt and regulatory outcomes affect dividend capacity.
NOBL issuer holdings ESS Essex Property Trust, Inc. Real estate · Independent candidate Apartment rental income adds a property-based dividend-growth comparison.
Research question: Regional concentration, rent regulation and refinancing costs create risk.
NOBL issuer holdings EXPD Expeditors International of Washington, Inc. Industrials · Independent candidate An asset-light global logistics business adds geographic exposure.
Research question: Freight volumes, pricing and trade disruption make earnings cyclical.
NOBL issuer holdings FAST Fastenal Company Industrials · Independent candidate Industrial supplies and onsite services offer repeat customer demand.
Research question: Manufacturing activity and valuation can affect returns.
NOBL issuer holdings FDS FactSet Research Systems Inc. Financials · Independent candidate Financial data subscriptions provide recurring revenue.
Research question: Competition, client budgets and acquisition costs require review.
NOBL issuer holdings FRT Federal Realty Investment Trust Real estate · Independent candidate Shopping-center rents add a property-income dividend-growth comparison.
Research question: Tenant health, development spending and refinancing costs need review.
NOBL issuer holdings GD General Dynamics Corporation Industrials · Independent candidate Defense programs and business aviation provide differentiated end markets.
Research question: Government budgets, contract execution and aircraft demand create risks.
NOBL issuer holdings GGG Graco Inc. Industrials · Independent candidate Fluid-handling equipment and aftermarket demand add industrial diversification.
Research question: Capital spending and global manufacturing conditions drive cyclicality.
SDY issuer holdings GPC Genuine Parts Company Consumer discretionary · Independent candidate Replacement parts create repeat demand across automotive and industrial markets.
Research question: Margins, competition and industrial activity affect cash generation.
NOBL issuer holdings GWW W.W. Grainger, Inc. Industrials · Independent candidate Maintenance supplies and distribution services offer repeat business demand.
Research question: Industrial cycles and valuation can affect total returns.
NOBL issuer holdings HRL Hormel Foods Corporation Consumer staples · Independent candidate Branded food products provide recurring consumer demand.
Research question: Protein costs, changing consumption and margin recovery are key issues.
NOBL issuer holdings IBM International Business Machines Technology · Nanalyze holding Nanalyze discusses IBM as a portfolio holding while warning that mature technology companies still face disruption risk.
Selection source IMO Imperial Oil Energy · Canadian dividend candidate One of Nanalyze’s five featured Canadian dividend names in February 2026. Charts use the U.S. listing in USD.
Selection source ITW Illinois Tool Works Industrials · Compounding example Nanalyze uses Illinois Tool Works to demonstrate how reinvested, growing dividends compound.
Selection source JNJ Johnson & Johnson Healthcare · Nanalyze holding Nanalyze highlights Johnson & Johnson’s long dividend-growth record and diversified healthcare businesses.
Selection source KMB Kimberly-Clark Corporation Consumer staples · Independent candidate Household paper and personal-care brands provide repeat demand.
Research question: Input costs, competition and portfolio changes affect margins.
NOBL issuer holdings KO The Coca-Cola Company Consumer staples · Nanalyze selection Nanalyze selected Coca-Cola rather than holding a closely overlapping Pepsi position.
Selection source KVUE Kenvue Inc. Consumer staples · Independent candidate Consumer-health brands offer a repeat-demand dividend candidate.
Research question: Standalone dividend history is short; index membership includes predecessor-history treatment.
NOBL issuer holdings LECO Lincoln Electric Holdings, Inc. Industrials · Independent candidate Welding equipment and consumables support repeat industrial demand.
Research question: Capital-spending cycles and input costs can affect payout capacity.
SDY issuer holdings LIN Linde plc Materials · Nanalyze materials candidate Industrial-gases company included in Nanalyze’s February 2024 review of five materials dividend aristocrats.
Selection source LMT Lockheed Martin Corporation Industrials · Independent candidate Long-cycle defense programs add contractual revenue visibility.
Research question: Government concentration, program costs and budget changes create risk.
SDY issuer holdings LNT Alliant Energy Corporation Utilities · Independent candidate Regulated utility investment offers recurring demand and income.
Research question: Financing, regulation and construction execution affect growth.
SDY issuer holdings LOW Lowe's Companies, Inc. Consumer discretionary · Independent candidate Home maintenance and remodeling support a repeat-demand retail thesis.
Research question: Housing cycles, consumer spending and leverage influence cash coverage.
NOBL issuer holdings MCD McDonald's Corporation Consumer discretionary · Independent candidate Franchise royalties provide a repeatable global cash-flow model.
Research question: Restaurant traffic, franchisee health and valuation still matter.
NOBL issuer holdings MDT Medtronic plc Healthcare · Independent candidate A diversified medical-device franchise supports a recurring demand thesis.
Research question: Innovation cycles, regulation and currency movements affect earnings.
NOBL issuer holdings MKC McCormick & Company, Incorporated Consumer staples · Independent candidate Flavor and seasoning products support recurring consumer and business demand.
Research question: Input costs, debt and customer concentration need monitoring.
NOBL issuer holdings MSFT Microsoft Corporation Technology · Independent candidate Enterprise software and cloud services provide recurring global revenue.
Research question: Heavy AI investment, competition and valuation can reduce future returns.
SDY issuer holdings NDSN Nordson Corporation Industrials · Independent candidate Precision dispensing equipment serves multiple industrial end markets.
Research question: Capital-spending cycles and acquisition integration need monitoring.
NOBL issuer holdings NEE NextEra Energy Utilities · Nanalyze candidate Nanalyze highlights NextEra Energy as a dividend-growth company that also provides renewable-energy exposure.
Selection source NKE Nike Consumer discretionary · Upcoming champion Nanalyze names Nike among the highest-scoring companies with 20-plus years of dividend increases.
Selection source NOC Northrop Grumman Corporation Industrials · Independent candidate Defense and aerospace programs diversify industrial income.
Research question: Fixed-price contracts and development costs can pressure cash flow.
SDY issuer holdings NUE Nucor Corporation Materials · Independent candidate A large steel producer adds materials exposure to dividend growers.
Research question: Steel pricing and construction demand cause large earnings swings.
NOBL issuer holdings NVO Novo Nordisk A/S Healthcare · Top-ranked by Nanalyze Nanalyze identified Novo Nordisk as the top name in its 200-stock dividend-growth universe in August 2025.
Selection source O Realty Income Corporation Real estate · Independent candidate Long-term property leases provide a recurring rental-income thesis.
Research question: Tenant credit, financing spreads and dilution affect per-share growth.
NOBL issuer holdings PEP PepsiCo, Inc. Consumer staples · Independent candidate Snacks and beverages diversify recurring consumer cash flows.
Research question: Consumer volumes, pricing elasticity and debt require monitoring.
NOBL issuer holdings PG The Procter & Gamble Company Consumer staples · Nanalyze holding Nanalyze publicly identifies Procter & Gamble as a holding with one of the longest dividend-growth records.
Selection source PNR Pentair plc Industrials · Independent candidate Water treatment and related equipment serve recurring maintenance needs.
Research question: Housing demand and portfolio restructuring affect comparability.
NOBL issuer holdings PPG PPG Industries Materials · Nanalyze materials candidate Coatings company included in Nanalyze’s February 2024 materials dividend comparison.
Selection source QCOM Qualcomm Technology · Upcoming champion Nanalyze names Qualcomm among the highest-scoring companies with 20-plus years of dividend increases.
Selection source RGLD Royal Gold, Inc. Materials · Independent candidate Precious-metal royalties add commodity-linked cash flow with a different operating model.
Research question: Metal prices, counterparties and asset concentration remain material risks.
SDY issuer holdings ROP Roper Technologies Technology · Nanalyze candidate Nanalyze identifies Roper as a stronger current technology-sector dividend-growth candidate than IBM.
Selection source RPM RPM International Materials · Nanalyze materials candidate Specialty coatings and building-products company included in Nanalyze’s February 2024 materials dividend comparison.
Selection source RSG Republic Services, Inc. Industrials · Independent candidate Waste services provide recurring demand across local markets.
Research question: Capital intensity, acquisition prices and environmental liabilities create risk.
SDY issuer holdings SHW The Sherwin-Williams Company Materials · Nanalyze materials candidate Paints and coatings company included in Nanalyze’s February 2024 materials dividend comparison.
Selection source SJM The J. M. Smucker Company Consumer staples · Independent candidate Packaged-food brands provide repeat consumer demand.
Research question: Brand competition, input costs and acquisition debt affect payout room.
NOBL issuer holdings SO The Southern Company Utilities · Independent candidate Regulated energy utilities provide a defensive-business income comparison.
Research question: Project costs, regulation and financing needs can affect coverage.
SDY issuer holdings SPGI S&P Global Financials · Financial finalist One of four financial dividend champions Nanalyze selected for closer comparison.
Selection source SWK Stanley Black & Decker, Inc. Industrials · Independent candidate Tools and industrial products provide a cyclical dividend-growth comparison.
Research question: Debt, restructuring and weak end-market demand can constrain increases.
NOBL issuer holdings SYY Sysco Corporation Consumer staples · Independent candidate Food distribution offers recurring demand across restaurants and institutions.
Research question: Foodservice demand and thin margins make execution important.
NOBL issuer holdings TGT Target Corporation Consumer discretionary · Independent candidate An established retailer adds a consumer dividend-growth comparison.
Research question: Retail margins, inventory execution and consumer demand can pressure cash flow.
NOBL issuer holdings TROW T. Rowe Price Group Financials · Financial finalist One of four financial dividend champions Nanalyze selected for closer comparison.
Selection source TRP TC Energy Corporation Energy · Canadian dividend candidate One of Nanalyze’s five featured Canadian dividend names in February 2026. Charts use the U.S. listing in USD.
Selection source TRV The Travelers Companies, Inc. Financials · Independent candidate Property and casualty insurance adds diversified underwriting cash flows.
Research question: Catastrophe losses, reserve estimates and pricing cycles matter.
SDY issuer holdings TXN Texas Instruments Incorporated Technology · Independent candidate Analog semiconductors diversify the dividend-growth technology sleeve.
Research question: Factory investment and chip cycles can temporarily strain free-cash-flow coverage.
SDY issuer holdings VZ Verizon Communications Inc. Communication services · Independent candidate Telecom subscriptions provide recurring cash flows.
Research question: Debt, capital expenditure and slow dividend growth require scrutiny.
SDY issuer holdings WEC WEC Energy Group, Inc. Utilities · Independent candidate Regulated utility businesses add recurring cash-flow exposure.
Research question: Debt, rate cases and capital spending constrain dividend growth.
SDY issuer holdings WM Waste Management, Inc. Industrials · Independent candidate Essential waste collection and disposal offer repeat service demand.
Research question: Acquisition debt, capital costs and regulation require monitoring.
SDY issuer holdings WMT Walmart Consumer staples · Nanalyze holding · May 2024 Nanalyze publicly identified Walmart as part of its Quantigence dividend-growth portfolio in May 2024; this is a dated research reference.
Selection source WST West Pharmaceutical Services, Inc. Healthcare · Independent candidate Drug-packaging components add recurring pharmaceutical supply demand.
Research question: Customer concentration and biopharma production cycles affect growth.
NOBL issuer holdings XEL Xcel Energy Inc. Utilities · Independent candidate Regulated electric and gas operations support a utility-growth thesis.
Research question: Wildfire liabilities, capital expenditure and rate decisions create risk.
SDY issuer holdings XOM ExxonMobil Holdings Corporation Energy · Independent candidate Integrated oil and gas adds a long-cycle dividend-income comparison.
Research question: Energy prices, project spending and transition costs can pressure coverage.
NOBL issuer holdings Research date is not the publication date of every source. Holdings, mandates and dividends can change. Historical returns do not establish future potential. Return and ranking methodology
