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Intro
Hey everyone, Max here! Just a quick update — I'm still on a little mini vacation through Friday. I'll be back Friday morning and will be putting together the latest Buy Report. Since I was away, this Friday's report will cover the past two weeks.
In the meantime, check out the updated Dividend Radar and catch up on the latest dividend increase announcements!
Dividend Radar is a weekly updated list of reliable, dividend-growing companies — built on the timeless CCC method first introduced by David Fish.
Dividend Radar — Weekly Edition · 08/26/2026
The legendary method of dividend discipline returns every Wednesday — powered by MaxDividends.
It’s official: Dividend Radar is back — now on MaxDividends — rebuilt, refreshed, and ready for your review.
A quick note:
Every edition of Dividend Radar by MaxDividends is powered by the deep, real-time data inside the MaxDividends Research Platform — including our advanced Screener, which scans over 19,000+ companies worldwide to surface the next dividend gems.
🧾 Download the full Excel version below — just like the classic Dividend Radar everyone remembers.
You’re Premium — enjoy full access to the legendary Dividend Radar.
Interesting Picks from Today’s Dividend Radar List
Avnet, Inc. (AVT)
The company is one of the world’s largest distributors of electronic components and embedded technology solutions, serving manufacturers and technology companies across global markets.
Last Div Date: 20.08.2026
Dividend: $0.35 → $0.37 (+5.71%)
Dividend Growth Streak: 13 consecutive years
Consistent Years: 13
Dividend Safety Score: 93/99 (Premium only)
💿 Dividend Hikes — August 17–24, 2026
This week brought a strong round of dividend increases from companies across the United States and Australia.
⭐ This Week’s Standouts
🇦🇺 Computershare Limited (CPU) — Raised its dividend by 18.18%, the largest increase of the week, extending its dividend growth streak to 4 consecutive years and maintaining 25 years of consistent dividend payments.
🇺🇸 SS&C Technologies Holdings, Inc. (SSNC) — Increased its dividend by 11.11%, extending its dividend growth streak to 10 consecutive years and marking 10 years of consistent dividend payments.
🇺🇸 Reinsurance Group of America, Incorporated (RGA) — Raised its dividend by 5.38%, extending its dividend growth streak to 16 consecutive years and maintaining a 26-year record of consistent dividends.
🇺🇸 United States
Unity Bancorp, Inc. (UNTY)
Last Div Date: 20.08.2026
Dividend: $0.16 → $0.17 (+6.25%)
Dividend Growth Streak: 13 consecutive years
Consistent Years: 13
Dividend Safety Score: 87/99 (Premium only)
Unity Bancorp announced a 6.25% dividend increase, extending its dividend growth streak to 13 consecutive years. The company operates Unity Bank and provides commercial and retail banking services, including loans, deposits, and other financial products to individuals and businesses.
Avnet, Inc. (AVT)
Last Div Date: 20.08.2026
Dividend: $0.35 → $0.37 (+5.71%)
Dividend Growth Streak: 13 consecutive years
Consistent Years: 13
Dividend Safety Score: 93/99 (Premium only)
Avnet increased its quarterly dividend by 5.71%, extending its dividend growth streak to 13 consecutive years. The company is one of the world’s largest distributors of electronic components and embedded technology solutions, serving manufacturers and technology companies across global markets.
First Capital, Inc. (FCAP)
Last Div Date: 19.08.2026
Dividend: $0.31 → $0.32 (+3.23%)
Dividend Growth Streak: 3 consecutive years
Consistent Years: 25
Dividend Safety Score: 91/99 (Premium only)
First Capital increased its dividend by 3.23%, extending its dividend growth streak to three consecutive years while maintaining 25 years of consistent dividend payments. The company is the holding company for First Harrison Bank, providing banking and financial services to individuals and businesses primarily in Indiana and Kentucky.
Chemung Financial Corporation (CHMG)
Last Div Date: 19.08.2026
Dividend: $0.34 → $0.36 (+5.88%)
Dividend Growth Streak: 1 consecutive year
Consistent Years: 33
Dividend Safety Score: 86/99 (Premium only)
Chemung Financial raised its dividend by 5.88%, beginning a new dividend growth streak while extending its record of consistent dividend payments to 33 years. The company operates Chemung Canal Trust Company and provides commercial and consumer banking, lending, wealth management, and related financial services.
Stock Yards Bancorp, Inc. (SYBT)
Last Div Date: 19.08.2026
Dividend: $0.32 → $0.33 (+3.13%)
Dividend Growth Streak: 16 consecutive years
Consistent Years: 33
Dividend Safety Score: 78/99 (Premium only)
Stock Yards Bancorp announced a 3.13% dividend increase, extending its dividend growth streak to 16 consecutive years and its record of consistent dividend payments to 33 years. Through Stock Yards Bank & Trust, the company provides commercial banking, private banking, mortgage, investment management, and wealth management services.
TrustCo Bank Corp NY (TRST)
Last Div Date: 18.08.2026
Dividend: $0.38 → $0.40 (+5.26%)
Dividend Growth Streak: 1 consecutive year
Consistent Years: 15
Dividend Safety Score: 83/99 (Premium only)
TrustCo Bank Corp NY increased its dividend by 5.26%, restarting dividend growth while maintaining 15 years of consistent dividend payments. The company operates Trustco Bank, a regional bank focused primarily on residential mortgage lending, deposits, and traditional banking services.
SS&C Technologies Holdings, Inc. (SSNC)
Last Div Date: 18.08.2026
Dividend: $0.27 → $0.30 (+11.11%)
Dividend Growth Streak: 10 consecutive years
Consistent Years: 10
Dividend Safety Score: 92/99 (Premium only)
SS&C Technologies announced an 11.11% dividend increase, extending its dividend growth streak to ten consecutive years. The company is a leading global provider of software and technology-enabled services for the financial services and healthcare industries, serving asset managers, insurers, banks, and other institutions.
Reinsurance Group of America, Incorporated (RGA)
Last Div Date: 18.08.2026
Dividend: $0.93 → $0.98 (+5.38%)
Dividend Growth Streak: 16 consecutive years
Consistent Years: 26
Dividend Safety Score: 93/99 (Premium only)
Reinsurance Group of America raised its quarterly dividend by 5.38%, extending its dividend growth streak to 16 consecutive years and maintaining 26 years of consistent dividend payments. RGA is one of the world’s largest life and health reinsurance companies, providing mortality, longevity, health, and financial solutions to insurers around the globe.
🇦🇺 Australia
Computershare Limited (CPU)
Last Div Date: 18.08.2026
Dividend: A$0.55 → A$0.65 (+18.18%)
Dividend Growth Streak: 4 consecutive years
Consistent Years: 25
Dividend Safety Score: 98/99 (Premium only)
Computershare delivered the largest dividend increase of the week, raising its payout by 18.18% and extending its dividend growth streak to four consecutive years. The Australian company is a global leader in share registration, employee equity plans, corporate trust, mortgage servicing, and other financial administration services.
👉 Congratulations to all shareholders who spotted their company among this week’s winners!
Full details are inside the MaxDividends Research Platform — where you can also set up email alerts to get notified about every dividend hike in real time.
***
📜 Dividend Radar: The Origin Story
In the early 2000s, the late David Fish — an independent analyst and dividend-growth pioneer — created what became known as the Dividend Champions, Contenders & Challengers List (CCC List).
It was simple but powerful: group companies by how many years in a row they’ve raised their dividends. Over time, this evolved into Dividend Radar, a weekly update trusted by thousands of income investors.
For more than two decades, dividend investors across the world followed one proven framework — Dividend Radar, built on the timeless CCC method:
Champions. Contenders. Challengers.
It wasn’t just a list. It was a reputation. To be included meant a company had achieved what only the strongest businesses ever do — raising its dividend every single year, without fail.
Here’s the essence of David Fish’s the system:
Dividend Champions (Aristocrats)
Companies that raised their dividends for 25 years or more. These are the icons of reliability — the long-term legends.
Dividend Eagles
15-24 years of dividend growth, identified using a modernized, data-driven framework that goes beyond streak length alone. Eagles combine long-term consistency with strong financial quality — spotlighting companies that not only raise dividends, but do so with superior fundamentals, healthy balance sheets, and durable business models.
Dividend Contenders
10 to 24 years of consecutive increases. Proven performers with strong growth and discipline.
Dividend Challengers
5 to 9 years of raises. Rising stars on their way to the upper tiers.
For nearly twenty years, the CCC system served as the investor’s compass — until mid-2024, when Dividend Radar was quietly discontinued.
The updates stopped. The spreadsheet disappeared. And with it, one of the most respected tools in dividend investing was gone.
⚙️ How It Works Now
Every Wednesday, we publish a refreshed MaxDividends Dividend Radar — a live list of companies that have raised dividends for at least five consecutive years.
Each company is automatically evaluated using our core metrics:
Business Quality Score — overall business quality, stability, and balance-sheet strength
Dividend Safety Score — dividend consistency, yield sustainability, and growth momentum
Alongside these scores you’ll find: ticker and name, sector, years of raises, current yield, payout ratio, 5- and 10-year dividend CAGR, and key financial metrics (EPS, revenue growth, debt, cash flow).
Everything updates automatically — no manual files, no downloads. Just clean data inside the MaxDividends Platform.
The Dave Fish Dividend Strategy
Powered by MaxDividends
Dave Fish, creator of the famous CCC (Champions, Contenders, Challengers) list, never claimed to have a complex investing system. His approach was remarkably simple:
Buy high-quality companies with long histories of dividend growth. Hold them while the dividend keeps growing and the business remains strong. Sell only when the original investment thesis breaks. Today, every part of that philosophy can be tracked using MaxDividends metrics.
BUY
Look for companies that meet these conditions:
✅ Long History of Dividend Growth
10+ consecutive years of annual dividend increases
✅ Safe Dividend
Dividend Safety Score: 90+
Payout Ratio: Below 70%
✅ Strong and Durable Business
Business Quality Score: 90+
✅ Reasonable Valuation
Rated Fairly Valued or Undervalued
✅ Attractive Income Potential
MaxRatio: 8+
This combination identifies companies that not only pay dividends today, but have a high probability of continuing to grow those dividends for years to come.
HOLD
Continue holding as long as:
✅ The dividend continues to grow
✅ The business remains financially strong
For Dave Fish, most successful investments were measured in years and decades, not quarters.
SELL
Consider selling when:
❌ Dividend Cut
❌ Dividend Freeze
❌ Significant Deterioration in Business Quality
Business Quality Score falls below 80
Dividend Safety Score falls below 80
A dividend growth portfolio does not require frequent trading. The key is monitoring whether the original reasons for owning the company are still intact.
Every metric used in this framework is available inside the weekly Dividend Radar by MaxDividends publication and is continuously updated inside the MaxDividends Research Platform.
🧭 What You’ll See Every Wednesday
Top Dividend Champions — the elite 25+ year streaks
Top Dividend Eagles - top names with 15–24 years of dividend growth — a curated, higher-quality subset that blends consistency with stronger fundamentals than the broad Contender group.
Top Contenders — 10–24 year consistent raisers
Top Challengers — 5–9 year up-and-comers
New Additions & Drops — who entered or fell off the list
Dividend Raises of the Week — the latest increase announcements
Each name comes with a Financial Score, Dividend Score, yield, and growth rate — everything you need to spot quality and momentum at a glance.
💎 Why This Method Still Matters
Because true dividend growth isn’t luck — it’s discipline.
Companies that keep raising through recessions and rate cycles are built differently.
That’s why this approach stood the test of time for two decades. When you invest in consistent raisers, you’re not chasing price swings — you’re building income that grows year after year.
🗓 Every Wednesday
Each Wednesday morning, the new Dividend Radar 2.0 update goes live in your inbox.
Tomorrow’s first issue includes:
All Dividend Champions
Fresh Contenders with double-digit streaks
Rising Challengers entering the radar
All hikes, cuts, changes (soon)
As we move forward, we’ll gradually evolve it into a fully interactive experience inside the MaxDividends Research Platform — keeping the spirit of the original method alive while adding our own upgrades and precision analytics.
🦅 Dividend Radar 2.0 Is Back — Powered by MaxDividends
💌 Questions or thoughts? Reach me anytime at [email protected]
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