The Dividend Kings are a group of just 58 stocks that have all increased their dividends for at least 50 consecutive years.
Regular dividend increases each year, even during recessions, are critical for dividend growth investors. This makes the Dividend Kings a great source of stocks that can provide long-term passive income.
The Dividend Kings are also appealing because many have high dividend yields. This article will discuss 3 Dividend Kings that have high yields above the S&P 500 average, and should continue raising their dividends each year.
RPM International Inc (NYSE:RPM)
RPM International manufactures, markets and distributes chemical products to industrial, retail and specialty customers. The majority of sales are made to industrial customers. RPM was founded in 1947 and employs more than 17,000 people today.
On April 8th, 2026, RPM reported earnings results for the third quarter of fiscal year 2026, which ended February 28th, 2026. For the quarter, revenue grew 8.9% to a quarterly record $1.61 billion and was $60 million more than expected.
Adjusted earnings-per-share of $0.57 was also record, compared favorably to $0.35 in the prior year, and topped estimates by $0.22. For the quarter, the company had an organic revenue growth of 3.0%, acquisitions net of divestitures added 3.5% to results, and currency exchange was a 2.4% benefit.
Organic revenue for the Construction Products Group increased 6.9% as continued strength in roofing solutions and growth in wall systems and concrete admixtures in North America drove results. Performance Coatings Group was up 5.1% due to increased demand across the segment’s businesses. Protective coatings and passive fire protection were among the highlights for the segment.
RPM is a leading manufacturer and distributor of paints, coatings, construction chemicals, colorants and adhesives to consumers, contractors, and construction businesses. These businesses perform well when the economy is growing due to the increases in construction and home improvement spending.
These competitive advantages have helped RPM grow its dividend for 52 consecutive years. Shares are currently yielding 2.1%.
Johnson & Johnson (NYSE:JNJ)
Johnson & Johnson is a diversified health care company and a leader in the area of innovative medicines and medical devices Johnson & Johnson was founded in 1886 and employs nearly 138,000 people around the world. The company expect to generate revenue of ~$100 billion this year.
Johnson & Johnson recently reported first quarter results for the period ending March 31st, 2026. For the quarter, revenue grew 9.9% to $24.1 billion, which was $450 million better than expected. Adjusted earnings-per-share of $2.70 compared unfavorably to $2.77 in the prior year, but this was $0.02 ahead of estimates.
Revenue for Innovative Medicines grew 11.2% on a reported basis and 7.4% on an operational basis. Oncology grew nearly 23% on a reported basis, largely due to increasing demand Darzalex, which treats multiple myeloma, and continued high demand in several other products. Revenue for MedTech improved 7.7% on a reported basis and 4.6% on an operational basis. Cardiovascular continues to produce strong results, as sales were up 13.0%, once again led by new products.
The company announced previously that it plans to separate its orthopedics business into a standalone company called “DePuy Synthes” within the next 18 to 24 months. Johnson & Johnson provided updated guidance for 2026 as well with the company now expecting adjusted earnings-per share in a range of $11.45 to $11.65 for the year.
J&J has a legendary dividend growth history. On April 14th, 2025, Johnson & Johnson announced that it was increasing its quarterly dividend 3.1% to $1.34, extending the company’s dividend growth streak to 64 consecutive years.
PepsiCo Inc (NASDAQ:PEP)
PepsiCo is a global food and beverage company that generates almost $94 billion in annual sales. The company’s products include Pepsi, Mountain Dew, Frito-Lay chips, Gatorade, Tropicana orange juice and Quaker foods.
The company has more than 20 individual $1 billion brands in its portfolio.
On February 3rd, 2026, PepsiCo announced that it would increase its annualized dividend by 4.0% to $5.92 starting with the payment that was made in June 2026, extending the company’s dividend growth streak to 54 consecutive years.
On April 16th, 2026, PepsiCo reported first quarter results. For the quarter, revenue increased 8.5% to $19.4 billion, which topped estimates by $500 million. Adjusted earnings-per-share of $1.61 compared favorably to $1.48 the prior year and was $0.06 better than expected. Organic sales were higher by 2.6% for the quarter. For the quarter, food volume grew 4% while beverages were unchanged.
PepsiCo Beverages North America’s organic revenue improved 2% for the period even as volume declined by 2.5%. Revenue for PepsiCo Foods North America was up 1%, driven by a 2% increase in volume. The International Beverages segment grew 5%, mostly due to higher prices.
Revenue in Europe/Middle East/Africa and Asia Pacific Foods were both up 7% while Latin America Foods grew 3%.
PepsiCo reaffirmed guidance for 2026 as well, with the company still expecting organic sales in a range of 2% to 4%. The company expects earnings-per-share growth in a range of 4% to 6%.
PepsiCo grew earnings at a rate of 5.9% per year from 2016 to 2025, but this growth rate expands somewhat to 6.4% when looking at just the last five years. This steady growth has propelled the company’s annual dividend increases. PEP has increased its dividend for 54 consecutive years, and currently yields 3.8%.
Disclosure: No positions in any stocks mentioned
