These Lesser-Known Dividend Stocks Have Raised Payouts for 70 Straight Years
Parker-Hannifin (NYSE:PH) and Northwest Natural (NYSE:NWN) both have 70-year dividend streaks. PH raised its dividend by 11% in 2026, with record sales of $21.5B and EPS of $32.31. NWN offers a 4% yield but slower dividend growth. PH focuses on long-term growth, while NWN provides steady income.
How this was made
The 30-second read
Why it matters
Both firms demonstrate that long‑term dividend streaks can coexist with differing growth and yield profiles, influencing dividend‑focused allocation decisions.
Market read
Provides fresh earnings and dividend data for two large‑cap dividend stocks, useful for income‑oriented investors.
What to watch
Capital‑intensive utility expansion could pressure NWN's payout sustainability.
Background
The article compares two 70‑year dividend‑growth companies, providing earnings numbers, dividend changes, and growth outlooks.
Ticker impact
Parker‑Hannifin reported FY2026 results with 11% dividend increase and record cash flow, confirming its 70‑year dividend streak.
moderate upside as income‑focused funds could add to the stock.
First‑report earnings with concrete numbers; large‑cap with material cash generation.
Northwest Natural Holding disclosed FY2025 dividend continuation (70th year) and FY2026 earnings beat with EPS guidance guidance range.
limited upside; price likely to track income‑seeking demand.
First‑report earnings and dividend data for a utility; scale is moderate.
Market effects
Highlights dividend‑growth potential in industrial and utility sectors, may spur interest in other long‑standing dividend payers.
U.S. equity dividend‑focused funds could rebalance toward these stocks.
Limited to U.S. investors; no direct global macro effect.
Counterpoint
High‑priced industrial dividend may remain unattractive if yield stays low despite growth.
Key entities
- CompanyParker‑Hannifin Corp.
Industrial manufacturer with 70‑year dividend streak.
- CompanyNorthwest Natural Holding Co.
Utility with 70‑year dividend streak.
