Dividends matter. For income-focused investors, they provide steady cash returns. For growth-minded investors, a dividend hike is often an even stronger signal: it shows management's confidence in future earnings and balance sheet strength. If you're new to this topic, check out Dividend Investing: A Beginner's Guide to Building Passive Income for a quick primer.

In the past two weeks, several major companies announced higher payouts to shareholders. Below, we highlight five notable names — and then show you how to systematically track dividend hikes using FMP's Dividends Calendar API.

Recent Dividend Hikes: 5 Companies to Note

Philip Morris International (PM)

• New dividend: $1.47 per share quarterly ($5.88 annualized)
  
  
• Change: +8.9% from $1.35
  
  
• Payable: October 20, 2025 (record date October 3; ex-dividend October 2)
  
  
• Yield: 3.57%
• Analysis: Philip Morris continues to demonstrate that pricing power remains the core driver of its resilient profitability, even as cigarette volumes decline. The nearly 9% dividend hike marks the company's 17th consecutive annual increase, underscoring management's commitment to returning cash to shareholders. It also signals confidence in steady cash flows and the ongoing transition toward reduced-risk products like IQOS.
  

Texas Instruments (TXN)

• New dividend: $1.42 per share quarterly ($5.68 annualized)
  
  
• Change: +4.4% from $1.36
  
  
• Payable: November 12, 2025 (record date October 31; ex-dividend October 30)
  
  
• Yield: 3.08%
• Analysis: Texas Instruments' 4.4% dividend hike may be modest, but it marks the company's 22nd consecutive annual increase — a testament to its disciplined capital allocation and resilience through the semiconductor industry's natural cycles. The move aligns with the company's long-term goal of delivering a sustainable, steadily growing dividend and underscores its commitment to returning 100% of free cash flow to shareholders over time.

T-Mobile (TMUS)

• New dividend: $1.02 per share quarterly ($4.08 annualized)
  
  
• Change: +15.9% from $0.88
  
  
• Payable: December 11, 2025 (record date November 26; ex-dividend November 25)
  
  
• Yield: 1.72%
• Analysis: T-Mobile only started paying dividends in 2023 to expand its investor base. With shares up over 70% in the past two years, the company is positioning itself as both a growth stock and an income payer.
  
  

InterDigital (IDCC)

• New dividend: $0.70 per share quarterly ($2.80 annualized)
  
  
• Change: +16.7% from $0.60
  
  
• Payable: October 22, 2025 (record date October 8; ex-dividend October 7)
  
  
• Yield: 0.81%
• Analysis: InterDigital's yield may be modest, but its payout ratio is only about 12%, giving management significant room to raise dividends further if earnings momentum holds.
  
  

JPMorgan Chase (JPM)

• New dividend: $1.50 per share quarterly ($6.00 annualized)
  
  
• Change: +7.1% from $1.40
  
  
• Payable: October 31, 2025 (record date October 6; ex-dividend October 3)
  
  
• Yield: 1.90%
• Analysis: A true dividend aristocrat, JPMorgan Chase has paid dividends consistently since 1985 and increased them for the past 29 years. Its 7.1% hike signals management's confidence in the bank's strength despite an uncertain interest rate environment.
  
  

These hikes vary in size — from single-digit increases at Texas Instruments and JPMorgan to double-digit hikes at T-Mobile and InterDigital. For investors, the key challenge is staying on top of such changes across hundreds of companies, which is where an API-driven approach helps.

Interpreting the Hikes: Beyond the Numbers

Dividend increases aren't one-size-fits-all. A double-digit bump at a low-yield name like InterDigital is largely a signal of confidence, while a smaller move at a heavyweight like JPMorgan translates into billions more in cash returned because the base payout is so large. T-Mobile's hike reads differently again: with shares up over 70% in the past two years, a modest yield paired with rapid growth frames TMUS as a total-return story rather than a pure income play.

Valuation context matters. Pair yield with basic multiples (P/E, EV/EBITDA) to see whether you're being paid fairly for the risk. Philip Morris, for instance, couples a healthy yield with steady pricing power; the question is whether the multiple you pay leaves room for future total return.

Track record separates policy from optics. Texas Instruments' long run of annual raises points to disciplined capital returns through cycles. JPMorgan's durable increases carry weight in finance. By contrast, T-Mobile only began paying a dividend in 2023—credible progress, but still early innings.

Macro and peers shape the read-through. In a higher-rate world, a lower headline yield can still be attractive if the growth of income is consistent enough to offset inflation. And in tech, where many companies favor buybacks, InterDigital's stance stands out versus peers.

By combining FMP's Dividends Calendar API with other endpoints — such as the Financial Statement API or the Key metrics API — you can screen for hikes backed by solid fundamentals (e.g., payout ratios under 60% or sectors with consistent free cash flow). That way, you're not just catching dividend changes, but also filtering for the companies most likely to keep raising them.

Tracking Dividend Hikes with the FMP API

Instead of manually checking press releases or financial news, you can automate dividend monitoring using the Dividends Calendar API. This endpoint provides a structured schedule of dividend-related events, including declaration, record, and payment dates, along with dividend amounts and yields.

Endpoint:

https://financialmodelingprep.com/stable/dividends-calendar?apikey=YOUR_API_KEY

Sample Response:

[

{

"symbol": "1D0.SI",

"date": "2025-02-04",

"recordDate": "",

"paymentDate": "",

"declarationDate": "",

"adjDividend": 0.01,

"dividend": 0.01,

"yield": 6.25,

"frequency": "Semi-Annual"

}

]

Step 1: Pull Recent Dividend Data

Query the API for a given date range (e.g., the last two weeks). This gives you all dividends declared during that period.

Step 2: Compare with Historical Payouts

To calculate a hike percentage, fetch historical dividend data for each symbol and compare the newly declared dividend with the previous one.

Step 3: Apply Filters

For example, you could:

• Flag only companies with hikes of 10% or more
  
  
• Require a minimum dividend yield of 3% to focus on income-generating stocks
  
  

This narrows your list to dividend hikes that are both significant and impactful.

Example Workflow: Detecting 10%+ Dividend Hikes

1. Use the Dividends Calendar API to fetch announcements for the last 14 days.
   
   
2. For each symbol, call the historical dividend endpoint to find the prior payout.
3. Compute:
   
   hike % = (new dividend - old dividend) / old dividend × 100
4. Filter for hike % ≥ 10.
   
   
5. Further filter for yield ≥ 3% to surface strong income opportunities.
   
   

When you leverage Financial Modeling Prep data with this workflow, you can quickly identify moves like T-Mobile's and InterDigital's double-digit hikes without scanning endless filings.

Scaling Your Dividend Tracking

You can test this setup right away on FMP's Starter and Build plans, which provide ample data for recent announcements. But if you want to backtest dividend policies for up to 5 years, the Premium plan unlocks the historical depth.

Scaling Dividend Tracking Across Teams

While individual analysts can use the Dividends Calendar API to surface opportunities, the real advantage comes when these insights are institutionalized. By integrating FMP's dividend data into your firm's research dashboards or portfolio monitoring tools, your entire team gains a consistent, automated feed of dividend events — no more scattered press releases or manual spreadsheets.

For larger teams and enterprise workflows, FMP's enterprise plan ensures compliance and repeatability. Risk teams can backtest payout policies over years, portfolio managers can screen by sector or geography, and research leads can set filters for minimum yield or payout ratio across global coverage. What begins as a time-saver for one analyst quickly compounds into a scalable, firm-wide advantage.

Putting Dividend Signals to Work

Dividend hikes are more than income bumps — they're signals of corporate confidence.

By leveraging FMP's Dividends Calendar API and a simple filter for hike size and yield, you can automatically surface the most relevant changes — ensuring you never miss a payout increase that could matter to your portfolio.