CompanyGraph
Use to find companies where this pattern is active.
Three multi-year observations co-occur: dividend has been increased in each of the last five or more fiscal years, the dividend growth rate is in its elevated range, and revenue increased year-over-year in each of the last three fiscal years.
State
Dividend increased each of the last 5+ years, dividend growth rate elevated, and revenue increased each of the last 3 years
Emergence
Three multi-year observations co-occur. The company has increased its dividend in each of the last five or more fiscal years. The dividend growth rate is in its elevated range. Revenue increased year-over-year in each of the last three fiscal years. The configuration describes a present-state of past dividend-increase consistency, present-state dividend growth rate, and past revenue-growth consistency. None of the observations measures future commitment to the dividend.
Limits
Long dividend-increase streaks can end abruptly when conditions change; the obs reads only past behavior. The dividend growth rate is computed over a window and can decelerate without breaking the streak. Revenue growth in each of three years describes the consistency of direction, not the rate. Past dividend behaviour does not bind future periods.
Explanation
Each observation is an independent multi-year reading: Dividend Increased Every Year (5Y+) confirms the company has raised its dividend in each of the last five or more fiscal years. Dividend Growth Rate (Standard) measures the pace of dividend increases over the lookback window. Revenue Increased Every Year (3Y) confirms revenue rose year-over-year in each of the last three fiscal years. The three together describe a multi-year configuration. They do not predict future dividend increases or guarantee that the growth rate persists.
Interpretation
Co-occurrence of the dividend-streak, dividend-growth-rate, and multi-year income-increase readings. The formulas record past payment and earnings trajectories; they do not predict future dividend actions.
Required Observations
All Years Increased Income 3y
Revenue grew year-over-year in each of the last 3 fiscal years
Dividend Growth Rate Standard
Compound annual growth rate of dividend payments
Dividend Increased Years 5y
Normal annual dividends increased in each of the last N years