15 Dividend Growth Stocks with the Highest Growth Rates

1. TD SYNNEX Corporation (NYSE:SNX)

5-Year Average Dividend Growth Rate: 54.43%

On January 13, Goldman Sachs analyst Katherine Murphy initiated coverage of TD SYNNEX Corporation (NYSE:SNX) with a Buy rating and a $180 price target. Goldman expects the company to keep growing at a healthy pace, projecting billings to increase 10% year-over-year in FY26. That outlook is based on about 9% growth in its core distribution business, plus roughly 15% growth in Hyve, which has become a faster-moving part of the story.

The initiation followed TD SYNNEX’s Q4 2025 earnings report on January 8, where the company delivered a strong finish to the year. Revenue came in at $17.4 billion, up 9.7% from the prior year and even topping the high end of management’s guidance. Cash generation was another standout. The company produced $1.5 billion in operating cash flow and $1.4 billion in free cash flow for the quarter.

TD SYNNEX Corporation (NYSE:SNX)  also used that cash strength to reward shareholders. During the quarter, it returned $209 million to investors, including $173 million through share buybacks and $36 million in dividends. Management described the quarter as a record-setter. TD SYNNEX said non-GAAP gross billings increased 15% year-over-year, while non-GAAP diluted EPS jumped 24%, both marking new highs for the company. Leadership credited those results to the strength of its diversified business model and steady execution against its longer-term strategy.

Looking ahead, the company said it feels well-positioned for the year, supported by its specialized approach, a technology portfolio geared toward higher-growth areas, and continued emphasis on delivering strong customer experiences.

TD SYNNEX Corporation (NYSE:SNX)  is a global distributor and solutions aggregator within the IT ecosystem, helping connect technology vendors with customers through distribution, services, and solutions.

While we acknowledge the potential of SNX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNX and that has 100x upside potential, check out our report about this cheapest AI stock.

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