Printed on March twentieth, 2025 by Bob Ciura
Many buyers have a want to ‘beat the market’.
This feels like an excellent purpose. In any case, the market is ‘simply common’, so it will make sense to at the very least beat common.
However as a substitute of specializing in an arbitrary benchmark or compounding goal (‘I need to compound at 20% yearly’ for example), I consider it makes extra sense to concentrate on the rationale you might be investing.
Broadly, that’s to become profitable. However extra particularly, the purpose of dividend progress investing is to construct a rising passive revenue stream.
And the underlying function there may be to have a rising passive revenue stream that exceeds your bills – so you will have true, lasting monetary freedom.
The securities you choose on your dividend progress portfolio to be able to obtain lasting monetary freedom by rising passive revenue actually matter.
That’s the place dividend progress shares are available in–extra particularly, blue chip shares which have elevated their dividends for at the very least 10 consecutive years.
You’ll be able to obtain our free blue chip shares listing with vital monetary metrics corresponding to dividend yields and price-to-earnings ratios, by clicking on the hyperlink under:

There are presently greater than 500 securities in our blue chip shares listing.
Blue-chip shares are established, financially robust, and persistently worthwhile publicly traded firms.
Their power makes them interesting investments for comparatively secure, dependable dividends and capital appreciation versus much less established shares.
As a substitute 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 at the very least 10 years, and have Dividend Threat Scores of ‘C’ or higher within the Positive Evaluation Analysis Database, plus the best dividend progress.
The ten blue chip shares are sorted by dividend progress charge.
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 Development: 13.0%
Raymond James Monetary (RJF) is a monetary holding firm whose main operations embrace wealth administration, funding banking, asset administration, and industrial 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 Shopper Group (wealth administration) section.
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% enhance 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 section’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 Development: 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 providers for customers, small companies, self-employed staff, 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 stable quarter, with “World Enterprise Options Group” revenues up 19% year-over-year.
Particularly, QuickBooks On-line Accounting revenues grew 22% year-over-year, pushed by buyer progress, greater 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 charge between 12% and 13% from final yr.
Adjusted EPS is anticipated to be between $19.16 and $19.36. This suggests 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 Development: 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 world wide 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 Development: 13.9%
Apple is a know-how firm that designs, manufactures, and sells merchandise corresponding to iPhones, iPads, Mac, Apple Watch and Apple TV. Apple additionally has a providers 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).
Complete gross sales grew 4% over the prior yr’s quarter, to a brand new file 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 can be pushed by a number of components. One in all these is the continuing cycle of iPhone releases, which creates lumpy outcomes. In the long term, Apple ought to be capable of develop its iPhone gross sales, albeit in an irregular vogue.
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 Development: 14%
UnitedHealth dates again to 1974 when Constitution Med was based by a gaggle of well being care professionals searching for methods to broaden healthcare choices for customers.
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 section is a providers 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. Even if shares have been nicely off their highs previous to the report, the inventory declined anyway as the corporate dissatisfied buyers for the primary time shortly.
Adjusted earnings-per-share got here to $6.81, which was seven cents forward of estimates. Nevertheless, income was up solely 6.8% to $100.8 billion, lacking by nearly a billion {dollars}.
UnitedHealthcare noticed income of $74.1 billion through 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 Development: 15%
MasterCard is a world chief in digital funds. The corporate companions with 25,000 monetary establishments world wide to offer 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 a neighborhood forex foundation, gross greenback volumes for the quarter grew 12% worldwide to $2.56 trillion through the quarter, with the U.S. bettering 9% and the remainder of the world greater 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 Development: 15%
Zoetis is a drug firm that focuses on animal well being, together with discovering, creating, manufacturing, and commercialising medicines, vaccines, and diagnostic merchandise.
Biodevices, genetic exams, and precision livestock farming complement the corporate’s choices. The Vaccine section is the biggest income producing section, 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% enhance 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. section, income was $1.3 billion, reflecting a 4% enhance 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 corresponding to Apoquel and Cytopoint, and monoclonal antibody therapies for osteoarthritis ache.
Development 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 as a result of 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 Development: 15%
Eli Lilly develops, manufactures, and sells prescribed drugs world wide, 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 high 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 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 Methods USA (FIX)
- Dividend Historical past: 13 years of consecutive will increase
- Dividend Development: 15%
Consolation Methods USA gives mechanical and electrical contracting providers throughout the U.S. The corporate focuses on HVAC, plumbing, piping, controls, and electrical system installations and providers, operating 47 items with 178 places in 136 cities.
Serving primarily industrial, industrial, and institutional markets, Consolation Methods 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 providers for current buildings. On February twentieth, 2025, Consolation Methods raised its dividend by 14.3% to a quarterly charge 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 power in market situations, significantly in information facilities and chip crops.
The mechanical section recorded income progress of over 40% year-over-year, fueled by sturdy natural progress in building and providers. {The electrical} section additionally maintained stable efficiency, reflecting sustained demand. EPS elevated by about 60% to $4.09.
For the complete 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 Development: 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 circulation of liquids, corresponding to water, oil and varied chemical substances.
Its merchandise are additionally used to manage the circulation 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 file $826.6 million. Earnings-per-share totaled $4.23, which was a brand new file 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-Sequence 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
In case you are fascinated by discovering different high-yield securities, the next Positive Dividend sources could also be helpful:
Excessive-Yield Particular person Safety Analysis
Different Positive Dividend Sources
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