Many Dividend Aristocrats are expected to hike their dividend in December 2020 © DIVIDENDHIKE.COM
Many Dividend Aristocrats are expected to hike their dividend in December 2020 © DIVIDENDHIKE.COM

In December 2020, many more American listed companies will announce a dividend increase, including many Dividend Aristocrats. Dividendhike.com provides an overview of expected increases in the last month of this year.

Among the stocks that are likely to increase the dividend (or at least announce the increase, often for the first quarter of 2021) are a number of very large and well-known names such as Pfizer (PFE), Mastercard (MA) and AT&T (T) as well as some lesser-known stocks that often do have a very good dividend history. Below you will also find the tweet on the possible upcoming dividend hikes.

We have listed the stocks for which a dividend hike is expected in December 2020 below, with the ones likely to be the first to make news at the top. For example, next week we expect a dividend increase from companies such as Toro Company (TTC), Mastercard (MA), Medifast (MED) etc.


  • Toro Company (TTC)
  • Mastercard (MA)
  • Medifast (MED)
  • Ecolab (ECL)
  • Stryker (SYK)
  • Hanover Insurance (THG)
  • PulteGroup (PHM)
  • Wisconsin Energy (WEC)
  • Bristol-Myers Squibb (BMY)
  • J&J Snack Foods (JJSF)
  • PNM Resources (PNM)
  • Morningstar (MORN)
  • Graco (GGG)
  • Pentair (PNR)
  • AES Corp (AES)
  • WD-40 Company (WDFC)
  • Mid-America Apartment (MAA)
  • Broadcom (AVGO)
  • Zoetis (ZTS)
  • Amgen (AMGN)
  • Edison International (EIX)
  • Nucor (NUE)
  • Abbott Laboratories (ABT)
  • AT&T (T)
  • Heico (HEI)
  • Eli Lilly (LLY)
  • Pfizer (PFE)
  • Boston Properties (BXP)
  • ABM Industries (ABM)
  • FMC Corp (FMC)

The list above thus includes many Dividend Aristocrats, including AT&T, Ecolab, Abbott Laboratories and Nucor, all of which are expected to increase the dividend again in December.

Of these listed shares, telecom and media giant AT&T (T) is by far the largest dividend payer with an annual payout to shareholders of nearly $ 15 billion. AT&T is therefore a Dividend Aristocrat with a dividend that was raised for the 36th year in a row last year. However, the dividend growth at AT&T continues to slow down, averaging about 2% in recent years.

A big star in dividend growth is Broadcom, the former Avago Technologies (AVG0). The semiconductor and software company has increased the dividend by at least 20% each time in recent years. In 2019, Broadcom announced a dividend increase of 'only' 22.6%, which was the smallest since the tech company started paying dividends in 2010. Between 2016 and 2018, the dividend even increased by more than 50% annually, with the absolute exception being a 131.8% dividend increase by Broadcom in 2016.

For the latest ex-dividend dates please check the dividend calendar on dividendhike.com with daily updates about the next US companies paying dividends.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 21 AVGO 2.9% 0.0%
Sep 21 FRT 3.6% 0.9%
Sep 21 STX 3.2% 0.0%
Sep 23 FLS 2.3% 0.0%
Sep 23 XRAY 0.7% 10.0%
Sep 23 RL 2.5% 0.0%
Sep 23 MDT 2.0% 8.6%
Sep 23 IFF 2.3% 2.6%
Sep 23 SRE 3.4% 5.3%
Sep 24 CERN 1.2% 0.0%