10 Best Dividend Stocks for Long Term Growth

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3. Tractor Supply Company (NASDAQ:TSCO)

Projected 10-Year Yield: 16.72%

Dividend Yield as of October 30: 2.78%

5-Year Average Dividend Growth Rate: 19.37%

Tractor Supply Company (NASDAQ:TSCO) offers investors a combination of a growing dividend and exposure to the relatively resilient rural lifestyle retail sector. It’s a very niche business, operating in a segment that caters to farmers, ranchers, pet owners, and homeowners. The business is built on a customer base that will continue to have a need for its products on a regular basis: livestock feed, animal health, etc.

The company is currently paying a $0.24 per share quarterly dividend, which is $0.96 per year and a yield of around 2.8%. In February 2026, the company increased its dividend by 4.3%, marking its 17th consecutive year of dividend growth. Read the company’s dividend analysis here.

Cash generation absolutely warrants attention. Q3 2026 revenue was $3.91 billion, up 5.1% YoY, but operating income was down 10.2% to $307.7 million. Operating cash flow was $882.6 million, and capex was $651.6 million for the first 9 months of 2026, resulting in approximately $231 million of free cash flow. The company paid out $124.9 million in dividends in Q3.

The recent free cash flow provides less coverage than the earnings-based payout ratio would indicate, but the long track record of dividend growth is still a very attractive feature for income investors.

2. Canadian Natural Resources Limited (NYSE:CNQ)

Projected 10-Year Yield: 19.85%

Dividend Yield as of October 30: 3.34%

5-Year Average Dividend Growth Rate: 19.39%

Canadian Natural Resources Limited (NYSE:CNQ) offers dividend investors both income growth and a very substantial level of cash generation. It currently has a dividend yield of around 3.34% on a C$2.50 annualized dividend. In March 2026, the company increased its quarterly dividend by around 6.4% to C$0.625 per share, which is the 26th consecutive year of dividend growth. That dividend has been compounding at 20% per year over that time.

The company’s latest reported results also highlight its ability to produce significant cash flow in the face of the inherent cyclical nature of the energy industry. For Q2 2026, Canadian Natural generated adjusted funds flow of C$6.87 billion versus C$3.26 billion in Q2 2025. Operating cash flow was C$6.82 billion and free cash flow was C$2.98 billion, up from negative C$79 million in the same period last year.

Canadian Natural’s long life, low decline reserves and relatively low production costs underpin its cash-generating capacity. Net debt is down to C$14.5 billion as at the end of June, and the company is in a far stronger position to continue to grow its dividend and return capital to shareholders. Read CNQ’s dividend analysis here.

1. The Goldman Sachs Group, Inc. (NYSE:GS)

Projected 10-Year Yield: 21.94%

Dividend Yield as of October 30: 2.20%

5-Year Average Dividend Growth Rate: 25.64%

The Goldman Sachs Group, Inc. (NYSE:GS) is handing out a larger dividend to shareholders as its investment banking and trading businesses continue to produce strong results. The dividend has increased by 25% over the last year and is now $5 per share quarterly. That works out at $20 per share annually, and offers a dividend yield of around 2.2%, as of October 30.

The Q3 2026 results provided further support for the bank’s shareholder returns. Net revenue was $18.68 billion, net earnings $5.29 billion, and diluted earnings per share $17.01. Goldman returned $4.49 billion to common shareholders in the quarter, $1.49 billion in dividends and $3 billion in share buybacks.

Goldman’s dividend growth is a reflection of its improving earnings power and its appetite for returning excess capital to shareholders. The most recent increase follows an 11.1% rise in July 2026; the quarterly dividend increased from $4.50 to $5.00. With such strong capital generation and an 18.7% annualized return on common equity in Q3, there is certainly scope to continue with a very attractive shareholder return policy. The caveat is that earnings are still very much a function of the market and deal-making. Read more about GS here.

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