2 ASX stocks that have continually raised dividends for 10+ years

They may not have the highest dividend yield around, but these ASX stocks have a strong track record of consistent growth.

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I always have an eye out for ASX dividend stocks which pay reliable passive income to their shareholders.

Sometimes I like to investigate the ASX stocks which pay the most regular dividend. Other times, it's the ones which pay the highest dividend yield, or have paid out over the longest period of time.

But what about the ASX stocks which have a history of doing all three?

Here are two ASX stocks which have continually raised their regular dividend payment over the past decade (or more).

Accountant woman counting an Australian money and using calculator for calculating dividend yield.

Image source: Getty Images

Washington H. Soul Pattinson and Company Ltd (ASX: SOL)

Soul Patts is widely regarded as Australian dividend royalty.

The diversified Australian investment house paid dividends to its shareholders every year since it listed on the ASX in 1903. 

What's more, the ASX stock has raised that dividend payment every single year since 1998. That's 28 years of continually raising dividend payments.

Soul Patts historically pays its fully-franked dividends twice per year in May and a final dividend in December. It occasionally also pays shareholders an additional special dividend.

In FY25, the company paid a total of $1.03 per share, fully franked. 

For the first half of FY26, Soul Patts paid a fully-franked interim dividend of 48 cents per share which was a 9.1% increase on the prior corresponding period. 

Based on its last two payouts, the ASX stock has a grossed-up dividend yield of around 2.5%, including franking credits, at the time of writing.

Charter Hall Group (ASX: CHC)

Charter Hall has been paying shareholders a partially or fully-franking dividend payment twice per year since 2006. This payment has been raised every year since 2010.

That's a 16-year run of continually raising its dividend payment for investors.

In FY25, the property investment and funds management business paid its shareholders a total of 48 cents per share, up from 45 cents per share in FY24, partially franked.

The ASX stock paid an interim dividend of 24.8 cents for the forest half of FY26 and it forecast to pay a total dividend of around 50 cents for the full financial year. That translates to a forward dividend yield of around 2.3% at the time of writing.

The business has been attracting strong capital inflows and recently upgraded earnings guidance, which supports future distribution growth.

In a guidance update last month, Charter Hall said it anticipates ongoing demand for commercial property, driven by rising institutional allocations, attractive yields, and recent changes to residential property tax rules. This is great news for its shareholders. 

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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