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: AbbVie (ABBV)

AbbVie upped its quarterly dividend per share by 5.5% to $1.73. That fell slightly short of my projection of a 6.7% hike in the quarterly dividend per share to $1.75.

My net annual forward dividends surged by $5.04 across my 14 shares of ABBV from this dividend news.

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: American Electric Power (AEP)

American Electric Power announced a 2.2% increase in its quarterly dividend per share to $0.95. This was well short of my expectations. Still, I will tolerate this dividend raise for now because I believe this will pay off down the road.

My net annual forward dividends grew by $1.20 across my 15 shares of AEP from this dividend announcement.

Actual Dividend Increase #3: A.O. Smith (AOS)

A.O. Smith declared 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 due to this dividend declaration.

Actual Distribution Increase #4: Energy Transfer (ET)

Energy Transfer announced a 0.8% increase in its quarterly distribution per unit to $0.3325, which was what I expected.

Across my 207 units, my net annual forward distributions grew by $2.07 from this distribution announcement.

Actual Dividend Increase #5: 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.

Actual Dividend Increase #6: McDonald's (MCD)

McDonald's announced a 5.1% increase in its quarterly dividend per share to $1.86. That came in slightly below my prediction of a 5.6% boost to $1.87.

My net annual forward dividends grew by $1.80 across my five shares of MCD from this dividend announcement.

Actual Distribution Increase #7: MPLX LP (MPLX)

MPLX LP declared a 12.5% hike in its quarterly distribution per unit to $1.0765. This was just above my forecast of a 12.4% lift to $1.075.

Across my 57 units of MPLX, my net annual forward distributions climbed $27.36 higher due to this distribution declaration.

Actual Dividend Increase #8: Pinnacle West Capital (PNW)

Pinnacle West Capital announced a 1.7% raise in its quarterly dividend per share to $0.91, which was what I expected.

My net annual forward dividends edged up by $0.42 across my seven shares of PNW from this dividend announcement.

Actual Dividend Increase #9: Visa (V)

Visa declared a 13.6% hike in its quarterly dividend per share to $0.67. This was $0.01 above my prediction.

Across my 11 shares of V, my net annual forward dividends rose by $3.52 due to this dividend declaration.

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 raise for October 2025 plays out as predicted, my net annual forward dividends would soar by $46.21 from 10 raises. That would be equivalent to investing $1,540.33 at a 3% net dividend yield.

If my three raises for November 2025 materialize, my net annual forward dividends would increase by $13.24. This would be like investing $441.33 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!