Three stocks raised dividends by over 50% in five years while maintaining payout ratios below 27% and doubling EPS.
Eli Lilly, Parker-Hannifin, and Microsoft have increased dividends by at least 50% over the past five years, outpacing inflation. All three companies maintain payout ratios below 27%, ensuring sustainable growth.
Eli Lilly reported first-quarter revenue of $19.8 billion, up 56% year over year, with earnings per share rising 156% to $8.55. The company’s GLP-1 drugs, including Mounjaro and Zepbound, drove the surge. Microsoft and Parker-Hannifin also doubled EPS while expanding dividends.
These stocks offer dependable dividend growth alongside share-price appreciation, appealing to income investors seeking inflation protection.