Dividend Radar — Weekly Edition · 09/30/2026

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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.

🧾 Download the full Excel version below — just like the classic Dividend Radar everyone remembers.

Lam Research increased its dividend by 26.92%, extending both its dividend growth streak and consistent payment record to 11 consecutive years. The company is a major supplier of semiconductor manufacturing equipment used in the fabrication of advanced chips and memory products.

This period brought another broad round of dividend increases across the U.S., Europe, and Japan, with companies across financials, technology, utilities, healthcare, industrials, and consumer businesses raising their payouts.

First American Corporation raised its dividend by 10.91%, extending its dividend growth streak to 14 consecutive years while maintaining 15 years of consistent dividend payments. The company provides title insurance, settlement services, and other real estate-related financial and data services.

Lam Research increased its dividend by 26.92%, extending both its dividend growth streak and consistent payment record to 11 consecutive years. The company is a major supplier of semiconductor manufacturing equipment used in the fabrication of advanced chips and memory products.

OGE Energy raised its dividend by 0.88%, extending its dividend growth streak to 19 consecutive years while maintaining 27 years of consistent dividend payments. The company is an electric utility holding company primarily serving customers in Oklahoma and western Arkansas.

BancFirst increased its dividend by 6.12%, extending both its dividend growth streak and consistent payment record to 32 consecutive years. The company is an Oklahoma-based financial holding company providing commercial banking, retail banking, wealth management, and other financial services.

Compagnie de l'Odet recorded a dividend increase of 7,816.67%, with the reported dividend moving from €4.80 to €380.00. The company has maintained consistent dividend payments for 28 years, with a 2-year dividend growth streak. Compagnie de l'Odet is a French holding company associated with the Bolloré group and its diversified portfolio of investments and businesses.

Schroder Income Growth Fund increased its dividend by 70.77%, extending both its dividend growth streak and consistent payment record to 14 consecutive years. The investment trust focuses primarily on UK-listed companies with the objective of generating growing income alongside long-term capital growth.

Comsys Holdings raised its dividend by 8.33%, extending its dividend growth streak to 13 consecutive years while maintaining 22 years of consistent dividend payments. The company provides telecommunications infrastructure construction, electrical engineering, IT solutions, and related infrastructure services.

Kinden raised its dividend by 84.62%, extending its dividend growth streak to 14 consecutive years while maintaining 16 years of consistent payments. The company is a Japanese engineering and construction business specializing in electrical, telecommunications, environmental, and building systems.

Mitsubishi Research Institute increased its dividend by 6.25%, extending its dividend growth streak to 12 consecutive years while maintaining 14 years of consistent payments. The company provides research, consulting, IT, and digital transformation services to corporations and public-sector organizations.

Shionogi increased its dividend by 15.15%, extending its dividend growth streak to 14 consecutive years while maintaining 26 years of consistent dividend payments. The Japanese pharmaceutical company develops and markets medicines across areas including infectious diseases and other major therapeutic categories.

Astellas Pharma raised its dividend by 2.56%, extending its dividend growth streak to 14 consecutive years while maintaining 23 years of consistent dividend payments. The global pharmaceutical company develops and commercializes medicines across oncology, urology, immunology, and other therapeutic areas.

Rohto Pharmaceutical increased its dividend by 8.70%, extending both its dividend growth streak and consistent payment record to 20 consecutive years. The company develops and sells healthcare and consumer products, including eye care, skincare, pharmaceuticals, and related wellness products.

Fujifilm Holdings raised its dividend by 7.14%, extending both its dividend growth streak and consistent payment record to 16 consecutive years. The company operates across healthcare, electronics, business innovation, imaging, and advanced materials.

Rinnai increased its dividend by 6.00%, extending both its dividend growth streak and consistent payment record to 25 consecutive years. The company manufactures heating and hot-water equipment, including water heaters, boilers, kitchen appliances, and other residential energy products.

Maruwa raised its dividend by 7.84%, extending its dividend growth streak to 13 consecutive years while maintaining 25 years of consistent dividend payments. The company develops and manufactures ceramic components and electronic materials used across semiconductor, communications, automotive, and industrial applications.

Kurita Water Industries increased its dividend by 19.64%, extending its dividend growth streak to 22 consecutive years while maintaining 25 years of consistent dividend payments. The company provides water treatment chemicals, systems, maintenance services, and water-management solutions for industrial customers.

Elecom raised its dividend by 11.54%, extending its dividend growth streak to 16 consecutive years while maintaining 17 years of consistent dividend payments. The company develops and sells computer peripherals, networking products, digital accessories, storage products, and other consumer electronics equipment.

Kohsoku increased its dividend by 3.45%, extending both its dividend growth streak and consistent payment record to 25 consecutive years. The company distributes food packaging materials, containers, machinery, and related supplies to customers across Japan.

Mitsubishi HC Capital increased its dividend by 8.70%, extending both its dividend growth streak and consistent payment record to 25 consecutive years. The company provides leasing, financing, asset management, mobility, real estate, aviation, logistics, and other financial services.

Business Brain Showa-Ota increased its dividend by 6.05%, extending both its dividend growth streak and consistent payment record to 15 consecutive years. The company provides consulting, accounting and management systems, IT solutions, and business process outsourcing 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.

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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:

Companies that raised their dividends for 25 years or more. These are the icons of reliability — the long-term legends.

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.

10 to 24 years of consecutive increases. Proven performers with strong growth and discipline.

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.

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:

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.

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:

Look for companies that meet these conditions:

✅ Long History of Dividend Growth

✅ Safe Dividend

✅ Strong and Durable Business

✅ Reasonable Valuation

✅ Attractive Income Potential

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.

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.

Consider selling when:

❌ Dividend Cut

❌ Dividend Freeze

❌ Significant Deterioration in Business Quality

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.

Each name comes with a Financial Score, Dividend Score, yield, and growth rate — everything you need to spot quality and momentum at a glance.

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.

Each Wednesday morning, the new Dividend Radar 2.0 update goes live in your inbox.

Tomorrow’s first issue includes:

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.

💌 Questions or thoughts? Reach me anytime at [email protected]

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