Revealed on March twentieth, 2025 by Bob Ciura
Many buyers have a need to ‘beat the market’.
This seems like an excellent purpose. In any case, the market is ‘simply common’, so it could make sense to no less than beat common.
However as a substitute of specializing in an arbitrary benchmark or compounding goal (‘I need to compound at 20% yearly’ for instance), I consider it makes extra sense to deal with the rationale you might be investing.
Broadly, that’s to earn cash. However extra particularly, the purpose of dividend progress investing is to construct a rising passive revenue stream.
And the underlying goal there’s to have a rising passive revenue stream that exceeds your bills – so you could have true, lasting monetary freedom.
The securities you choose to your dividend progress portfolio so as to obtain lasting monetary freedom by rising passive revenue definitely matter.
That’s the place dividend progress shares are available–extra particularly, blue chip shares which have elevated their dividends for no less than 10 consecutive years.
You may obtain our free blue chip shares checklist with vital monetary metrics akin to dividend yields and price-to-earnings ratios, by clicking on the hyperlink under:

There are at present greater than 500 securities in our blue chip shares checklist.
Blue-chip shares are established, financially robust, and persistently worthwhile publicly traded corporations.
Their energy makes them interesting investments for comparatively secure, dependable dividends and capital appreciation versus much less established shares.
As an alternative of chasing returns, buyers can begin constructing long-term passive revenue by dividend progress shares.
The next 10 blue chip shares have elevated their dividends for no less than 10 years, and have Dividend Danger Scores of ‘C’ or higher within the Positive Evaluation Analysis Database, plus the very best dividend progress.
The ten blue chip shares are sorted by dividend progress price.
Desk of Contents
The desk of contents under permits for straightforward navigation.
Blue Chip #10: Raymond James Monetary (RJF)
- Dividend Historical past: 13 years of consecutive will increase
- Dividend Progress: 13.0%
Raymond James Monetary (RJF) is a monetary holding firm whose main operations embrace wealth administration, funding banking, asset administration, and business banking. Roughly 90% of the corporate’s income is from the U.S., and 74% of fiscal 2024 income is from the corporate’s Personal Consumer Group (wealth administration) phase.
Different segments are Capital Markets (11% of revenues), Asset Administration (8%), and Banking (7%). The corporate has greater than 19,000 staff and helps 8,900 monetary advisors throughout the US, Canada, and the UK.
On January twenty ninth, 2025, Raymond James Monetary launched outcomes for its first quarter of fiscal yr 2025 for the interval ending December thirty first, 2024.
For the quarter, the corporate reported a internet revenue of $599 million, which is flat in comparison with the previous quarter’s internet revenue of $601 million, and a 21% improve in comparison with the identical quarter within the earlier yr.
Earnings per diluted share for the quarter have been $2.86, the identical as within the previous quarter, and up from $2.32 in the identical quarter of the earlier yr. Sturdy performances in funding banking and brokerage contributed positively to the Capital Markets phase’s outcomes.
Click on right here to obtain our most up-to-date Positive Evaluation report on RJF (preview of web page 1 of three proven under):
Blue Chip #9: Intuit Inc. (INTU)
- Dividend Historical past: 13 years of consecutive will increase
- Dividend Progress: 13%
Intuit is a cloud-based accounting and tax preparation software program big, headquartered in Mountain View, California. Its merchandise present monetary administration, compliance, and companies for shoppers, small companies, self-employed employees, and accounting professionals worldwide.
Its hottest platforms embrace QuickBooks, TurboTax, Mint, and TSheets. Cumulatively they serve greater than 100 million clients. The corporate recorded $16.3 billion in revenues final yr and is headquartered in Mountain View, California.
On February twenty fifth, 2025, Intuit printed its fiscal Q2 outcomes for the interval ending January thirty first, 2025. This was one other strong quarter, with “International Enterprise Options Group” revenues up 19% year-over-year.
Particularly, QuickBooks On-line Accounting revenues grew 22% year-over-year, pushed by buyer progress, increased efficient costs, and mix-shift.
Adjusted EPS for the quarter grew by 26% to $3.32 in comparison with FQ2 2024.
Administration reiterated its income and nonGAAP EPS steering for FY2025. Revenues are anticipated to be in a spread of $18.160 billion to $18.347 billion, implying a progress price between 12% and 13% from final yr.
Adjusted EPS is predicted to be between $19.16 and $19.36. This means a year-over-year progress of 18% to 19%.
Click on right here to obtain our most up-to-date Positive Evaluation report on INTU (preview of web page 1 of three proven under):
Blue Chip #8: Visa Inc. (V)
- Dividend Historical past: 16 years of consecutive will increase
- Dividend Progress: 13%
Visa is the world’s chief in digital funds, with exercise in additional than 200 international locations. The corporate’s world processing community gives safe and reliable funds around the globe and is able to dealing with greater than 65,000 transactions a second.
On January thirtieth, 2025, Visa reported first quarter 2025 outcomes for the interval ending December thirty first, 2024. (Visa’s fiscal yr ends September thirtieth.)
For the quarter, Visa generated income of $9.5 billion, adjusted internet revenue of $5.5 billion and adjusted earnings-per-share of $2.75, marking will increase of 10%, 11% and 14%, respectively.
These outcomes have been pushed by a 9% acquire in Funds Quantity, a 16% acquire in Cross-Border Quantity and an 11% acquire in Processed Transactions. Visa processed 63.8 billion transactions within the quarter.
Click on right here to obtain our most up-to-date Positive Evaluation report on Visa (preview of web page 1 of three proven under):
Blue Chip #7: Apple Inc. (AAPL)
- Dividend Historical past: 12 years of consecutive will increase
- Dividend Progress: 13.9%
Apple is a know-how firm that designs, manufactures, and sells merchandise akin to iPhones, iPads, Mac, Apple Watch and Apple TV. Apple additionally has a companies enterprise that sells music, apps, and subscriptions.
On January thirtieth, 2025, Apple reported monetary outcomes for the primary quarter of fiscal yr 2025 (Apple’s fiscal yr ends the final Saturday in September).
Whole gross sales grew 4% over the prior yr’s quarter, to a brand new report of $124.3 billion, due to sustained progress in iPhone, iPad and Wearables throughout all areas.
Earnings-per-share grew 10%, from $2.18 to $2.40, and exceeded the analysts’ consensus by $0.05. Notably, Apple has missed the analysts’ estimates solely as soon as within the final 25 quarters.
Going ahead, Apple’s earnings progress will likely be pushed by a number of components. One in every of these is the continued cycle of iPhone releases, which creates lumpy outcomes. In the long term, Apple ought to have the ability to develop its iPhone gross sales, albeit in an irregular style.
Click on right here to obtain our most up-to-date Positive Evaluation report on AAPL (preview of web page 1 of three proven under):
Blue Chip #6: UnitedHealth Group (UNH)
- Dividend Historical past: 15 years of consecutive will increase
- Dividend Progress: 14%
UnitedHealth dates again to 1974 when Constitution Med was based by a gaggle of well being care professionals searching for methods to increase healthcare choices for shoppers.
The corporate has two main reporting segments: UnitedHealth and Optum. The previous gives world healthcare advantages to people, employers, and Medicare/Medicaid beneficiaries. The Optum phase is a companies enterprise that seeks to decrease healthcare prices and optimize outcomes for its clients.
UnitedHealth posted fourth quarter and full-year earnings on January sixteenth, 2025, and outcomes confirmed a uncommon miss on the highest line. Although shares have been nicely off their highs previous to the report, the inventory declined anyway as the corporate disillusioned buyers for the primary time shortly.
Adjusted earnings-per-share got here to $6.81, which was seven cents forward of estimates. Nonetheless, income was up solely 6.8% to $100.8 billion, lacking by nearly a billion {dollars}.
UnitedHealthcare noticed income of $74.1 billion throughout the quarter, lacking consensus by $1.3 billion. OptumRx posted $35.8 billion of income, up 15% year-over-year and beating estimates. OptumHealth noticed 5% progress year-over-year to $25.7 billion, additionally beating estimates.
The corporate’s medical care ratio was 85.5% in 2024, a deterioration of about 230 foundation factors year-over-year. This was attributable to elevated Medicare funding reductions and member combine, primarily. The corporate issued steering for this yr of $29.50 to $30.00 in adjusted earnings-per-share.
Click on right here to obtain our most up-to-date Positive Evaluation report on UNH (preview of web page 1 of three proven under):
Blue Chip #5: Mastercard Inc. (MA)
- Dividend Historical past: 14 years of consecutive will increase
- Dividend Progress: 15%
MasterCard is a world chief in digital funds. The corporate companions with 25,000 monetary establishments around the globe to supply an digital cost community. MasterCard has greater than 3.1 billion credit score and debit playing cards in use.
On January thirtieth, 2025, MasterCard introduced fourth quarter and full yr outcomes for the interval ending December thirty first, 2024.
For the quarter, income improved 15.4% to $7.5 billion, which was $120 million above estimates. Adjusted earnings-per-share of $3.82 in contrast favorably to $3.18 within the prior yr and was $0.13 greater than anticipated.
For the yr, income grew 12% to $28.2 billion whereas adjusted earnings-per-share of $14.60 in comparison with $12.26 in 2023.
On an area foreign money foundation, gross greenback volumes for the quarter grew 12% worldwide to $2.56 trillion throughout the quarter, with the U.S. enhancing 9% and the remainder of the world increased by 13%.
Cross border volumes remained robust, rising 20% from the prior yr and 17% from Q3 2024.
Click on right here to obtain our most up-to-date Positive Evaluation report on Mastercard (preview of web page 1 of three proven under):
Blue Chip #4: Zoetis Inc. (ZTS)
- Dividend Historical past: 11 years of consecutive will increase
- Dividend Progress: 15%
Zoetis is a drug firm that focuses on animal well being, together with discovering, growing, manufacturing, and commercialising medicines, vaccines, and diagnostic merchandise.
Biodevices, genetic checks, and precision livestock farming complement the corporate’s choices. The Vaccine phase is the biggest income producing phase, with 22% of the whole income, whereas the US generates 54% of the income.
On February thirteenth, 2025, Zoetis Inc. reported robust monetary outcomes for the fourth quarter of 2024, with income reaching $2.3 billion, a 5% improve from the earlier yr and up 6% on an operational foundation. The corporate skilled progress in each its U.S. and Worldwide segments, pushed primarily by robust demand for companion animal merchandise.
Within the U.S. phase, income was $1.3 billion, reflecting a 4% improve in comparison with This fall 2023. Gross sales of companion animal merchandise grew by 7%, fueled by continued robust demand for Simparica Trio, dermatology merchandise akin to Apoquel and Cytopoint, and monoclonal antibody therapies for osteoarthritis ache.
Progress was partially offset by the influence of the preliminary stocking of Librela and Apoquel Chewable merchandise throughout their prior-year launches. Livestock product gross sales declined by 8%, primarily because of the divestiture of the medicated feed additive portfolio and sure water-soluble merchandise.
Click on right here to obtain our most up-to-date Positive Evaluation report on ZTS (preview of web page 1 of three proven under):
Blue Chip #3: Eli Lilly & Co. (LLY)
- Dividend Historical past: 11 years of consecutive will increase
- Dividend Progress: 15%
Eli Lilly develops, manufactures, and sells prescription drugs around the globe, and has about 43,000 staff globally. Eli Lilly has annual income of $59 billion.
On December ninth, 2024, Eli Lilly raised its quarterly dividend 15.4% to $1.50, extending the corporate’s dividend progress streak to 11 years.
On February sixth, 2025, Eli Lilly introduced fourth quarter and full yr outcomes for the interval ending December thirty first, 2024. For the quarter, income surged 44.7%% to $13.5 billion, which beat estimates by $100 million.
Supply: Investor Presentation
Adjusted earnings-per-share of $5.32 in contrast very favorably to adjusted earnings-per-share of $2.49 within the prior yr and was $0.24 forward of expectations.
For the yr, income grew 32% $45 billion whereas adjusted earnings-per-share of $12.99 in comparison with $6.32 in 2023. Volumes company-wide have been up 48% for the quarter, however pricing was down 4%.
U.S. income grew 40% to $9.03 billion, as quantity was up 45% whereas pricing fell 5%. Worldwide revenues have been up 55% to $4.5 billion as volumes improved 56%.
Income for Mounjaro, which helps sufferers with weight administration and is the corporate’s prime gross product, totaled $3.53 billion, in comparison with $2.21 billion a yr in the past.
Demand stays extremely excessive for the product. Zepbound, which can also be used to deal with sufferers with weight problems, had income of $1.91 billion for the quarter and $4.9 billion for the yr.
Click on right here to obtain our most up-to-date Positive Evaluation report on LLY (preview of web page 1 of three proven under):
Blue Chip #2: Consolation Techniques USA (FIX)
- Dividend Historical past: 13 years of consecutive will increase
- Dividend Progress: 15%
Consolation Techniques USA gives mechanical and electrical contracting companies throughout the U.S. The corporate makes a speciality of HVAC, plumbing, piping, controls, and electrical system installations and companies, working 47 models with 178 areas in 136 cities.
Serving primarily business, industrial, and institutional markets, Consolation Techniques USA works in sectors like manufacturing, healthcare, schooling, and authorities.
The corporate generated $7.0 billion in revenues final yr, with 56.7% of it coming from new facility installations and 43.3% coming from companies for present buildings. On February twentieth, 2025, Consolation Techniques raised its dividend by 14.3% to a quarterly price of $0.40.
On the identical day, the corporate posted its This fall and full-year outcomes for the interval ending December thirty first, 2024. Income for the interval was $1.87 billion, up 37.5% in comparison with final yr.
The rise included robust same-store exercise progress and contributions from acquisitions. The identical-store income progress was largely pushed by continued energy in market circumstances, significantly in information facilities and chip crops.
The mechanical phase recorded income progress of over 40% year-over-year, fueled by strong natural progress in development and companies. {The electrical} phase additionally maintained strong efficiency, reflecting sustained demand. EPS elevated by about 60% to $4.09.
For the total yr, the corporate reported EPS of $14.64, exceeding prior estimates. The corporate’s backlog remained robust, reaching $5.99 billion on the finish of December.
Click on right here to obtain our most up-to-date Positive Evaluation report on FIX (preview of web page 1 of three proven under):
Excessive Yield Blue Chip #1: Badger Meter Inc. (BMI)
- Dividend Historical past: 32 years of consecutive will increase
- Dividend Progress: 15%
Badger Meter was based in 1905 in Milwaukee, WI. It manufactures and markets meters and valves which might be used to measure and management the movement of liquids, akin to water, oil and numerous chemical compounds.
Its merchandise are additionally used to regulate the movement of air and different gases. Badger Meter generates ~$827 million in annual revenues.
On January thirty first, 2025, Badger Meter introduced fourth quarter and full yr earnings outcomes for the interval ending December thirty first, 2025. For the quarter, income improved 12.5% to $205.2 million, which topped estimates by $2.45 million.
Earnings-per-share of $1.04 in contrast favorably to earnings-per-share of $0.84 within the prior yr and was $0.04 greater than anticipated. For the yr, income grew 18% to a brand new report $826.6 million. Earnings-per-share totaled $4.23, which was a brand new report and was up from $3.14 in 2023.
The utility water enterprise as soon as once more grew 14% for the quarter. As with prior durations, this progress was led by a rise in demand for ORION Mobile endpoint, E-Collection Ultrasonic meters, and BEACON Software program as a Service.
Click on right here to obtain our most up-to-date Positive Evaluation report on BMI (preview of web page 1 of three proven under):
Further Studying
If you’re taken with discovering different high-yield securities, the next Positive Dividend assets could also be helpful:
Excessive-Yield Particular person Safety Analysis
Different Positive Dividend Assets
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