Expected Dividend Increases for November 2025

As I'm writing this blog post, it's Friday, October 10th. The temperature here in Central Wisconsin is set to reach a high of 67 degrees Fahrenheit later today. There will be intermittent showers throughout the day, but I'll still take this weather for this time of year.

As of yet, I haven't received any dividend raises this month. However, I'm expecting 10 raises. As these are announced, I will update this blog post accordingly.

Actual Dividend Increases for October 2025

Actual Dividend Increase #1: Agree Realty (ADC)

Agree Realty declared a 2.3% raise in its monthly dividend per share to $0.263. This exceeded my prediction of a 1.6% increase in the monthly dividend per share to $0.26.

Across my 20 shares of ADC, my net annual forward dividends grew by $1.44 due to this dividend declaration.

Actual Dividend Increase #2: A.O. Smith (AOS)

A.O. Smith announced a 5.9% boost in its quarterly dividend per share to $0.36, which matched my forecast.

My net annual forward dividends edged $0.96 higher across my 12 shares of AOS from this dividend announcement.

Actual Dividend Increase #3: Lockheed Martin (LMT)

Lockheed Martin declared a 4.5% raise in its quarterly dividend per share to $3.45. This was in line with my projection.

Across my four shares of LMT, my net annual forward dividends increased by $2.40 due to this dividend declaration.

Three dividend raises have been declared so far this month. Since I am reiterating my expectations for each remaining company, I would refer readers to this series' prior blog post.

Expected Dividend Increases for November 2025

Expected Dividend Increase #1: Automatic Data Processing (ADP)

The first dividend hike that I'm expecting for November 2025 will come from Automatic Data Processing. I anticipate that ADP will announce a 9.7% boost in its quarterly dividend per share to $1.69.

My net annual forward dividends would surge $6.60 higher across my 11 shares of ADP from such a dividend announcement.

Expected Dividend Increase #2: Main Street Capital (MAIN)

The next dividend raise that I'm predicting for next month will be from Main Street Capital. My best guess is that MAIN will declare a 2% increase in its monthly dividend per share to $0.26.

Across my 30 shares of MAIN, my net annual forward dividends would grow by $1.80 due to such a dividend declaration.

Expected Dividend Increase #3: Merck (MRK)

The third and final dividend hike that I'm forecasting for November 2025 will come from Merck. My guess is that MRK will announce a 4.9% increase in its quarterly dividend per share to $0.85.

My net annual forward dividends would rise by $3.04 across my 19 shares of MRK from such a dividend announcement.

Concluding Thoughts:

If my remaining dividend/distribution raises for October 2025 play out as predicted, my net annual forward dividends would soar by $48.548 from 10 raises. That would be equivalent to investing $1,618.27 at a 3% net dividend yield.

If my three raises for November 2025 materialize, my net annual forward dividends would increase by $11.44. This would be like investing $381.33 at a 3% dividend yield.

Discussion:

How has your month been to date for dividend hikes?

Have you received any first-time payout boosts in October 2025?

Thanks for reading and please feel free to comment below!