3 Dividend Champions That Could Double Their Dividends From Here

The Motley Fool spotlights three Dividend Aristocrats — S&P Global, Aflac and Chubb — as durable, buy-and-hold dividend growers with room to materially increase payouts over time. S&P Global, a core financial-data and ratings franchise, is a Dividend King with 51 consecutive hikes, a 2025 payout ratio of ~22% and analyst-consenus EPS growth of ~11% that could double its dividend in roughly 6–7 years; Aflac has raised its dividend for 43 years, has cut its share count ~38% over the past decade, a ~33% payout ratio and ~5% EPS growth projecting a dividend doubling in about 14–15 years; and Chubb, a 31-year dividend raiser and a sizeable Berkshire Hathaway holding (>$9.2bn), carries a low ~16% payout ratio and ~4% EPS growth that could double its payout in ~18 years, with management having scope to accelerate raises given the low payout.

Analysis

S&P Global is presented as a high-quality, cash-generative financial-data and ratings franchise and a Dividend King with 51 consecutive annual dividend hikes; the article cites a 2025 payout ratio of ~22% and analysts’ consensus EPS growth of ~11% annually over the next 3–5 years, a profile the author says could double the dividend in roughly 6–7 years. The company’s stable, recurring revenue from global debt markets underpins the low payout ratio and implied runway for accelerated cash returns, and per the sentiment signals market reaction is moderately positive though market-impact is modest.

Aflac is highlighted for 43 consecutive years of dividend increases, a diversified U.S. and Japan supplement-insurance franchise, and aggressive capital return: share count down ~38% over the past decade. Aflac’s payout ratio is ~33% of 2025 estimates with analysts projecting ~5% EPS CAGR, which the article uses to estimate dividend doubling in ~14–15 years; buybacks are a material contributor to shareholder return alongside dividends.

Chubb has a 31-year dividend raise streak, operations across 50+ countries, and a low ~16% payout ratio on 2025 estimates; Berkshire Hathaway built a >$9.2 billion stake starting in late 2023. Analysts model ~4% EPS growth translating to an ~18-year doubling at current rates, but the low payout ratio gives management discretion to raise payouts faster; downside risks noted implicitly include slower-than-forecast earnings or adverse underwriting results that would delay dividend progression.

Key Decisions for Investors

• Consider a core, overweight position in S&P Global for accelerated dividend growth given its 51-year streak, 22% payout ratio and 11% EPS CAGR consensus—accumulate on meaningful pullbacks
• Position Aflac as a dividend-plus-buyback compounder with measured exposure given slower earnings growth (~5% CAGR) and a longer ~14–15 year dividend-doubling horizon
• Treat Chubb as a defensive, lower-payout recovery/optionality trade because of its 16% payout ratio and Berkshire endorsement—monitor management commentary for intent to accelerate raises
• Monitor near-term indicators (quarterly EPS vs. consensus, payout-ratio direction, buyback cadence, and underwriting/catastrophe trends) and trim or hedge positions if earnings trajectory or capital-return signals deteriorate