The Greatest DRIP Shares Now | 15 No-Payment Dividend Champions

Up to date on June sixth, 2025 by Bob Ciura

DRIP stands for Dividend Reinvestment Plan. When an investor is enrolled in DRIP shares, it implies that incoming dividend funds are used to buy extra shares of the issuing firm – robotically.

Many companies supply DRIPs that require the traders to pay charges. Clearly, paying charges is a unfavourable for traders. As a basic rule, traders are higher off avoiding DRIP shares that cost charges.

Happily, many firms supply no-fee DRIP shares. These enable traders to make use of their hard-earned dividends to construct even bigger positions of their favourite high-quality, dividend-paying firms – without cost.

The Dividend Champions are a bunch of high quality dividend shares which have raised their dividends for a minimum of 25 consecutive years.

You possibly can obtain your free copy of the Dividend Champions record, together with related monetary metrics like price-to-earnings ratios, dividend yields, and payout ratios, by clicking on the hyperlink under:

 

Take into consideration the highly effective mixture of DRIPs and Dividend Champions…

You’re reinvesting dividends into an organization that pays greater dividends yearly. Because of this yearly you get extra shares – and every share is paying you extra dividend earnings than the earlier 12 months.

This makes a robust (and cost-effective) compounding machine.

This text takes a have a look at the highest 15 Dividend Champions which can be no-fee DRIP shares, ranked so as of anticipated whole returns from lowest to highest.

The up to date record for 2025 contains our prime 15 Dividend Champions, ranked by anticipated returns based on the Positive Evaluation Analysis Database, that supply no-fee DRIPs to shareholders.

You possibly can skip to evaluation of any particular person Dividend Champion under:

Moreover, please see the video under for extra protection.

#15: S&P World (SPGI)

5-year anticipated annual returns: 8.7%

S&P World is a worldwide supplier of monetary providers and enterprise data and income of over $13 billion.

Via its numerous segments, it supplies credit score rankings, benchmarks and indices, analytics, and different knowledge to commodity market individuals, capital markets, and automotive markets.

S&P World has paid dividends repeatedly since 1937 and has elevated its payout for 51 consecutive years.

S&P posted first quarter earnings on April twenty ninth, 2025, and outcomes have been higher than anticipated on each the highest and backside traces. Adjusted earnings-per-share got here to $4.37, which was 16 cents forward of estimates. Income was up 8.3% year-over-year to $3.78 billion, beating estimates by $70 million.

Scores income was up 8% year-over-year, as transactions income rose 7% and non-transactions income rose 10%. Structured finance and financial institution loans have been key contributors to progress.

Market Intelligence was up 5% year-on-year as knowledge analytics and insights merchandise have been up 7%. Commodity Insights income was up 9%, supported by robust demand for power transition and sustainability merchandise. Indices income was up 15%, as asset-linked charges rose 18%.

Mobility income was up 9%, supported by CARFAX and Automotive Mastermind choices, partially offset by currency-related headwinds.

Click on right here to obtain our most up-to-date Positive Evaluation report on SPGI (preview of web page 1 of three proven under):

#14: Emerson Electrical (EMR)

5-year anticipated annual returns: 8.8%

Emerson Electrical is a diversified world chief in know-how and engineering. Its world buyer base and various product and repair choices afford it greater than $17 billion in annual income.

Emerson posted second quarter earnings on Might seventh, 2025, and outcomes have been higher than anticipated on each the highest and backside traces. Income was up 1.1% year-over-year to $4.43 billion, beating estimates by $50 million.

The corporate consummated its acquisition of AspenTech in the course of the quarter. Underlying gross sales have been up 2% after adjusting for forex impacts.

Free money circulate was up 14% to $738 million, whereas working money circulate climbed to $825 million. Adjusted section earnings pretax rose by 200 foundation factors to twenty-eight% of income, a brand new quarterly file. Adjusted earnings have been up 6% year-over-year.

Emerson expects AspenTech to generate about $100 million in value financial savings by 2028. As well as, the corporate is protecting the Security and Productiveness enterprise after the strategic assessment.

Click on right here to obtain our most up-to-date Positive Evaluation report on EMR (preview of web page 1 of three proven under):

#13: Illinois Device Works (ITW)

5-year anticipated annual returns: 9.8%

Illinois Device Works is a diversified multi-industrial producer with seven distinctive working segments: Automotive, Meals Tools, Take a look at & Measurement, Welding, Polymers & Fluids, Building Merchandise and Specialty Merchandise.

Final 12 months the corporate generated $15.9 billion in income.

On April thirtieth, 2025, Illinois Device Works reported first quarter 2025 outcomes for the interval ending March thirty first, 2025. For the quarter, income got here in at $3.8 billion, shrinking 3.4% year-over-year. Gross sales declined 3.7% within the Automotive OEM section, the biggest out of the corporate’s seven segments.

In actual fact, each single certainly one of ITW’s segments skilled income declines year-over-year. Meals Tools, Take a look at & Measurement and Electronics, Welding, Polymers & Fluids, Building Merchandise and Specialty Merchandise all noticed income decline -0.7%, -6.3%, -0.9%, -0.8%, -9.2%, and -1.0% respectively.

Internet earnings equaled $700 million or $2.38 per share in comparison with $819 million or $2.73 per share in Q1 2024. Within the first quarter, ITW repurchased $375 million of its shares. Illinois Device Works reaffirmed its 2025 steering, nonetheless anticipating full-year GAAP EPS to be $10.15 to $10.55.

Click on right here to obtain our most up-to-date Positive Evaluation report on ITW (preview of web page 1 of three proven under):

#12: Realty Revenue (O)

5-year anticipated annual returns: 10.0%

Realty Revenue is a retail actual property centered REIT that has grow to be well-known for its profitable dividend progress historical past and month-to-month dividend funds.

Realty Revenue owns retail properties that aren’t a part of a wider retail growth (resembling a mall), however as a substitute are standalone properties.

The REIT has generated robust shareholder returns for a few years.

Supply: Investor Presentation

Realty Revenue’s diversified portfolio contains 15,627 business properties throughout eight international locations, with 79.9% inretail, 14.4% in industrial, 3.2% in gaming, and a pair of.5% in different sectors. Geographically, 84.6% of annualized base rentoriginates from the USA, 12.6% from the UK, and a pair of.8% from continental Europe.

On Might 5, 2025, Realty Revenue Company reported its monetary outcomes for the primary quarter. The corporate achieved whole income of $1.38 billion, surpassing analyst expectations of $1.27 billion.

Internet earnings out there to frequent stockholders was $249.8 million, or $0.28 per diluted share, in comparison with $129.7 million, or $0.16 per share, in the identical interval of the earlier 12 months.

Funds from Operations (FFO) per share elevated to $1.05 from $0.94, whereas adjusted Funds from Operations (AFFO) per share rose to $1.06 from $1.03, reflecting a 2.9% year-over-year progress.

Click on right here to obtain our most up-to-date Positive Evaluation report on Realty Revenue (preview of web page 1 of three proven under):

#11: Common Well being Realty Belief (UHT)

5-year anticipated annual returns: 10.1%

Common Well being Realty Revenue Belief operates as an actual property funding belief (REIT), specializing within the healthcare sector. The belief owns healthcare and human service-related services.

Its property portfolio contains acute care hospitals, medical workplace buildings, rehabilitation hospitals, behavioral healthcare services, sub-acute care services and childcare facilities.

Common Well being’s portfolio consists of 76 properties positioned in 21 states.

On April 28, 2025, Common Well being Realty Revenue Belief (UHT) reported its monetary outcomes for the primary quarter ended March 31, 2025. The corporate achieved internet earnings of $4.8 million, or $0.34 per diluted share, in comparison with $5.3 million, or $0.38 per diluted share, in the identical interval of the earlier 12 months.

This lower was primarily attributed to a $401,000 discount in property-level earnings and a $122,000 improve in curiosity bills, reflecting greater common borrowings and rising rates of interest.

Funds from operations (FFO) totaled $11.9 million, or $0.86 per diluted share, down from $12.4 million, or $0.90 per share, within the first quarter of 2024. Whole revenues declined by 2.4%.

Click on right here to obtain our most up-to-date Positive Evaluation report on UHT (preview of web page 1 of three proven under):

#10: A.O. Smith (AOS)

5-year anticipated annual returns: 10.1%

A.O. Smith is a number one producer of residential and business water heaters, boilers and water treatmentproducts. It generates two-thirds of its gross sales in North America, and a lot of the relaxation in China.

A.O. Smith has raised its dividend for 30 years in a row, making the corporate a Dividend Aristocrat. The corporate was based in 1874 and is headquartered in Milwaukee, WI.

A.O. Smith reported its first quarter earnings outcomes on April 29. The corporate generated revenues of $964 million in the course of the quarter, which represents a decline of two% in comparison with the prior 12 months’s quarter.

Revenues have been down by 2% in North America, whereas the worldwide enterprise was secure in comparison with the earlier 12 months’s quarter, regardless of China gross sales being down, as progress in different international locations offset this.

A.O. Smith generated earnings-per-share of $0.95 in the course of the first quarter, which was down 5% on a 12 months over 12 months foundation. This was attributable to decrease revenues and decrease margins, with buybacks not with the ability to totally offset these headwinds.

Click on right here to obtain our most up-to-date Positive Evaluation report on AOS (preview of web page 1 of three proven under):

#9: Northwest Pure Holding (NWN)

5-year anticipated annual returns: 11.1%

NW Pure was based in 1859 and has grown from only a handful of consumers to serving greater than 760,000 at the moment. The utility’s mission is to ship pure fuel to its clients within the Pacific Northwest.

The corporate’s places served are proven within the picture under.

Supply: Investor Presentation

On Might 6, 2025, Northwest Pure Holding Firm reported its monetary outcomes for the primary quarter ended March 31, 2025. The corporate achieved internet earnings of $87.9 million, or $2.18 per diluted share, in comparison with $63.8 million, or $1.69 per share, in the identical interval of the earlier 12 months.

Adjusted internet earnings, which excludes $3.9 million in after-tax transaction prices associated to the SiEnergy acquisition, was $91.8 million, or $2.28 per share, surpassing analyst expectations of $2.01 per share. Whole working revenues elevated by 14% year-over-year to $494.3 million, pushed by robust efficiency throughout all enterprise segments.

The NWN Gasoline Utility section reported internet earnings of $87.2 million, up from $65.7 million, primarily attributable to new charges in Oregon and elevated margins. SiEnergy, acquired in January 2025, contributed $5.5 million in internet earnings and added roughly 73,000 meters, reflecting strong buyer progress in Texas.

The NWN Water Utility section posted internet earnings of $1.7 million, reversing a lack of $0.7 million within the prior 12 months, aided by new charges in Arizona and the Puttman acquisition.

NW Pure Holdings reaffirmed its adjusted 2025 EPS steering of $2.75 to $2.95.

Click on right here to obtain our most up-to-date Positive Evaluation report on NWN (preview of web page 1 of three proven under):

#8: Johnson & Johnson (JNJ)

5-year anticipated annual returns: 12.1%

Johnson & Johnson is a diversified well being care firm and a pacesetter within the space of revolutionary medicines and medical units Johnson & Johnson was based in 1886 and employs practically 132,000 folks all over the world.

On April fifteenth, 2025, Johnson & Johnson introduced that it was growing its quarterly dividend 4.8% to $1.30, extending the corporate’s dividend progress streak to 63 consecutive years.

Supply: Investor Presentation

That very same day, Johnson & Johnson reported first quarter outcomes for the interval ending March thirty first, 2025. For the quarter, income grew 2.3% to $21.9 billion, which beat estimates by $330 million.

Adjusted earnings-per-share of $2.77 in comparison with $2.71 within the prior 12 months and was $0.19 greater than anticipated. Outcomes included changes associated to the prices of acquisitions.

Click on right here to obtain our most up-to-date Positive Evaluation report on JNJ (preview of web page 1 of three proven under):

#7: Arrow Monetary Company (AROW)

5-year anticipated annual returns: 12.4%

Arrow Monetary Company is a multi-bank holding firm primarily based in Glen Falls, New York. The corporate operates by way of two important subsidiary banks, the Glens Falls Nationwide Financial institution and Belief Firm, and the Saratoga Nationwide Financial institution and Belief Firm.

Arrow Monetary Company can also be the guardian firm of North Nation Funding Advisers and Replace Company, an insurance coverage company. The corporate is a small cap, and it produces about $163 million in annual income. Arrow Monetary has elevated its dividend for 28 consecutive years.

Arrow posted first quarter earnings on Might 1st, 2025, and outcomes have been respectable. Internet earnings got here to $6.3 million, which was equal to 38 cents per share. Internet curiosity earnings was a file for the corporate at $31.4 million. As well as, internet curiosity margin was 3.07%, up sharply from 2.83% within the prior quarter.

Arrow ended the quarter with deposits rising to $4 billion, so loans-to-deposits got here to 86.1%. That’s barely elevated relative to most of Arrow’s friends, which introduces a bit extra threat, in addition to taking away some potential progress.

Price of interest-bearing deposits fell by 23 foundation factors to 2.41%, which made up the whole lot of the acquire within the firm’s internet curiosity margin. Tangible e-book worth got here to $22.72 per share. Arrow repurchased 128k shares in the course of the quarter for $3.4 million.

Click on right here to obtain our most up-to-date Positive Evaluation report on AROW (preview of web page 1 of three proven under):

#6: Hormel Meals (HRL)

5-year anticipated annual returns: 12.8%

Hormel Meals is a juggernaut within the meals merchandise trade with practically $10 billion in annual income. It has a big portfolio of category-leading manufacturers. Just some of its prime manufacturers embrace embrace Skippy, SPAM, Applegate, Justin’s, and greater than 30 others.

It has additionally pursued acquisitions to drive progress. For instance, in 2021, Hormel acquired the Planters snack nuts enterprise from Kraft-Heinz (KHC) for $3.35 billion, which has boosted Hormel’s progress.

Hormel posted second quarter earnings on Might twenty ninth, 2025, and outcomes have been largely consistent with expectations. Adjusted earnings-per-share got here to 35 cents, which was a penny forward of estimates.

Income was up fractionally to $2.9 billion, assembly expectations. The corporate noticed a 7% decline in quantity and flat gross sales in each retail and foodservice. Pricing will increase helped to offset that.

Click on right here to obtain our most up-to-date Positive Evaluation report on HRL (preview of web page 1 of three proven under):

#5: Polaris Inc. (PII)

5-year anticipated annual returns: 13.2%

Polaris designs, engineers, and manufactures snowmobiles, all-terrain automobiles (ATVs) and bikes. As well as, associated equipment and alternative components are bought with these automobiles by way of sellers positioned all through the U.S.

The corporate operates underneath 30+ manufacturers together with Polaris, Ranger, RZR, Sportsman, Indian Motorbike, Slingshot and Transamerican Auto Elements.

The worldwide powersports maker, serving over 100 international locations, generated $7.2 billion in gross sales in 2024.

On April twenty ninth, 2025, Polaris reported first quarter outcomes for the interval ending March thirty first, 2025.

Supply: Investor Presentation

For the quarter, income fell 11.5% to $1.54 billion, however this was $10 million above estimates.

Adjusted earnings-per-share of -$0.90 in contrast unfavorably to $0.23 within the prior 12 months, however this was $0.01 higher than anticipated.

For the quarter, Marine gross sales decreased 7%, On-Highway was decrease by 20%, and Off-Highway, the biggest part of the corporate, declined 10%. As with earlier quarters, decreases in all three companies have been largely attributable to decrease volumes.

Click on right here to obtain our most up-to-date Positive Evaluation report on PII (preview of web page 1 of three proven under):

#4: Tompkins Monetary (TMP)

5-year anticipated annual returns: 13.3%

Tompkins Monetary is a regional monetary providers holding firm headquartered in Ithaca, NY that may hint its roots again greater than 180 years. It has whole property of about $8 billion, which produce about $300 million in annual income.

The corporate provides a variety of providers, together with checking and deposit accounts, time deposits, loans, bank cards, insurance coverage providers, and wealth administration to its clients in New York and Pennsylvania.

Tompkins posted first quarter earnings on April twenty fifth, 2025, and outcomes confirmed good progress for the small financial institution. Income was up greater than 12% year-over-year to $81.7 million, and earnings-per-share got here to $1.37.

Internet curiosity margin got here to 2.98%, up from 2.93% within the prior quarter, and up sharply from 2.73% within the year-ago interval. Common value of funds was 1.84%, down 4 foundation factors from This autumn, and down two foundation factors from the year-ago interval from funding combine and decrease market rates of interest.

Click on right here to obtain our most up-to-date Positive Evaluation report on TMP (preview of web page 1 of three proven under):

#3: Nucor Corp. (NUE)

5-year anticipated annual returns: 13.3%

Nucor is the biggest publicly traded US-based metal company primarily based on its market capitalization. The metal trade is notoriously cyclical, which makes Nucor’s streak of 52 consecutive years of dividend will increase much more exceptional.

On April 28, 2025, Nucor Company reported its monetary outcomes for the primary quarter of 2025. The corporate posted internet earnings attributable to stockholders of $156 million, or $0.67 per diluted share, a big lower from $845 million, or $3.46 per share, in the identical quarter of the earlier 12 months.

Adjusted internet earnings, excluding one-time fees associated to facility closures and repurposing, have been $179 million, or $0.77 per share, surpassing analyst expectations of $0.64 per share.

Internet gross sales for the quarter have been $7.83 billion, down 4% year-over-year however up 11% sequentially, pushed by a ten% improve in whole shipments to six.83 million tons, regardless of a 12% decline in common gross sales worth per ton in comparison with the primary quarter of 2024.

Click on right here to obtain our most up-to-date Positive Evaluation report on NUE (preview of web page 1 of three proven under):

#2: Nordson Company (NDSN)

5-year anticipated annual returns: 13.6%

Nordson was based in 1954 in Amherst, Ohio by brothers Eric and Evan Nord, however the firm can hint its roots again to 1909 with the U.S. Computerized Firm.

Right now the corporate has operations in over 35 international locations and engineers, manufactures, and markets merchandise used for allotting adhesives, coatings, sealants, biomaterials, plastics, and different supplies, with purposes starting from diapers and straws to cell telephones and aerospace.

Supply: Investor Presentation

On February nineteenth, 2025, Nordson reported first quarter outcomes for the interval ending January 31, 2025. For the quarter, the corporate reported gross sales of $615 million, 3% decrease in comparison with $633 million in Q1 2024, which was pushed by natural gross sales lower of 9%, partly offset by a optimistic acquisition influence.

Medical and Fluid Options noticed gross sales improve by 21%, whereas the Industrial Precision Options and Superior Know-how Options segments each had gross sales decreases of 11%. The corporate generated adjusted earnings per share of $2.06, a 7% lower in comparison with the identical prior 12 months interval.

Click on right here to obtain our most up-to-date Positive Evaluation report on NDSN (preview of web page 1 of three proven under):

#1: New Jersey Sources (NJR)

5-year anticipated annual returns: 14.2%

New Jersey Sources supplies pure fuel and clear power providers, transportation, distribution, asset administration and residential providers by way of its 5 important subsidiaries. The corporate owns each regulated and non-regulated operations.

NJR’s principal subsidiary, New Jersey Pure Gasoline (NJNG), owns and operates pure fuel transportation and distribution infrastructure serving over half 1,000,000 clients.

NJR Clear Power Ventures (CEV) invests in and operates photo voltaic initiatives, to offer clients with low-carbon options.

NRJ Power Providers manages a portfolio of pure fuel transportation and storage property, in addition to supplies bodily pure fuel providers to clients in North America.

Supply: Investor Presentation

New Jersey Sources was based in 1952 and has paid a quarterly dividend since. The corporate has elevated its annual dividend for 28 consecutive years.

New Jersey Sources reported second quarter 2025 outcomes on Might fifth, 2025, for the interval ending March thirty first, 2025. Second quarter internet earnings of $204.3 million in contrast favorably to the prior 12 months quarter’s $120.8 million.

Consolidated internet monetary earnings (NFE) amounted to $178.3 million, in comparison with internet monetary earnings (NFE) of $138.6 million in Q2 2025 and NFE per share of $1.78 in comparison with $1.41 per share one 12 months in the past.

Administration raised its steering for fiscal 2025, now seeing NFEPS within the vary of $3.15 to $3.30 (from $3.05 to $3.20 at earlier steering).

Click on right here to obtain our most up-to-date Positive Evaluation report on NJR (preview of web page 1 of three proven under):

Ultimate Ideas and Extra Sources

Enrolling in DRIP shares might be an effective way to compound your portfolio earnings over time. Extra assets are listed under for traders all for additional analysis for DRIP shares.

For dividend progress traders all for DRIP shares, the 15 firms talked about on this article are an incredible place to start out. Every enterprise may be very shareholder pleasant, as evidenced by their lengthy dividend histories and their willingness to supply traders no-fee DRIP shares.

At Positive Dividend, we frequently advocate for investing in firms with a excessive chance of accelerating their dividends each 12 months.

If that technique appeals to you, it could be helpful to flick thru the next databases of dividend progress shares:

The Dividend Kings Record is much more unique than the Dividend Aristocrats. It’s comprised of 55 shares with 50+ years of consecutive dividend will increase.
The Excessive Dividend Shares Record: shares that attraction to traders within the highest yields of 5% or extra.
The Month-to-month Dividend Shares Record: shares that pay dividends each month, for 12 dividend funds per 12 months.