These 5 Consumer Stocks Raised Their Dividends in 2026. Here's What $10,000 in Each Pays in 2027.

The stock market's strongest consumer goods companies continue to perform as expected, not only paying reliable dividends, but reliably growing them. All five tickers raised their per-share payouts at some point this year, with more of the same in the cards for next year.

Here's a closer look at each one, and what a $10,000 investment in each should produce in dividend income in the year ahead.

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1. Coca-Cola

It's been a great year for Coca-Cola (NYSE: KO) shareholders. The stock's up more than 35% year to date, extending 2025's bullish romp to a 54% advance in less than two years' time.

Credit the safety that the beverage behemoth brings to the table, mostly. While artificial intelligence (AI) stocks were the red-hot must-haves during this stretch, investors were also quietly hedging these bets with something that could hold up in the event of a meltdown of the AI industry's frothy stocks.

And that presumption of safety isn't unmerited. In February, Coca-Cola upped its dividend payment for a 64th consecutive year, and is supporting it with 5% revenue growth for the fiscal year, paired with earnings growth of at least 9%.

The one big downside to this year's strength is that it's dialed back the stock's dividend yield to only 2.2%. A new $10,000 stake would only generate $220 in dividend income in 2027.

2. Procter & Gamble

With a forward-looking yield of 2.6%, Procter & Gamble (NYSE: PG) isn't exactly dishing out head-turning dividend payments either. Even so, there's a case to be made for stepping in here.

You may be more familiar with the company than you realize. This is the parent company of brands like Pampers diapers, Tide detergent, Bounty paper towels, Gillette razors, and Crest toothpaste, just to name a few. P&G is the world's biggest consumer goods company, in fact, doing $87 billion worth of business for the fiscal year ending in June.

And this is no trivial detail. Being the biggest name in the industry not only means it enjoys more sway with its retail partners, but also means it can simply outspend its competitors on marketing. Indeed, the company is occasionally the world's single-biggest advertiser, shelling out more than $10 billion on advertising last year alone. That's a big reason Procter & Gamble was able to raise its per-share dividend for a 70th consecutive year in April.

A $10,000 position in PG will yield $260 in dividend income in 2027.

3. McDonald's

Fast-food chain McDonald's (NYSE: MCD) has had better years. During Q1's earnings conference call in May, CEO Christopher Kempczinski commented on the economic backdrop: "It's certainly not improving, and it may be getting a little bit worse." Then right on cue, its second-quarter sales growth of 1.3% fell short of expectations. Shares are down 14% since the end of 2025, despite their recent rally from the early October low.

The thing is, none of this is anything McDonald's hasn't been through and survived before. And, none of it is a serious threat to its dividend payment, which was upped for a 50th consecutive year in September, qualifying it as a Dividend King. With its forward-looking dividend yield of 2.9%, a $10,000 holding will generate $290 worth of annual dividend income.

4. Target

There's no denying that discount retailer Walmart has been eating rival Target's (NYSE: TGT) lunch since shortly after the COVID-19 pandemic first took hold. Target thrives in an economic backdrop where middle-income consumers have a few extra discretionary dollars to play with. When lingering inflation means money is tight for most middle-class households, however, Walmart's massive scale means it offers the best possible prices consumers need.

Walmart just isn't much of an income holding, though, with a modest dividend yield of only 0.8%. Target, conversely, has become a particularly compelling income investment with its forward-looking yield of 3% that's based on a dividend which -- thanks to June's increase -- has now been raised for 55 straight years. A new $10,000 investment in this ticker made today will get you $300 worth of dividend payments in the year ahead.

And the case for taking that swing is pretty strong. While one good quarter doesn't make a trend, its second-quarter same-store sales growth of 3.8% and company-wide revenue growth of 5% are expected to persist for the remainder of the year, driving per-share earnings of between $9.90 and $10.90 (including a $1.65 tariff refund) versus last year's bottom line of $7.57.

5. Realty Income

Last but not least, add Realty Income (NYSE: O) to your list of consumer-facing income stocks to buy while you can plug into its forward-looking dividend yield of 5.7%.

It's not a conventional company. Rather, Realty Income is a real estate investment trust, or REIT. That just means it owns a portfolio of revenue-bearing real estate. It predominantly serves the brick-and-mortar retail industry, with Dollar General, 7-Eleven, Tractor Supply, and Home Depot among its top tenants.

And it's good at what it does, maintaining an occupancy rate consistently at 99%. That's also a testament to the resiliency of its particular tenants. This resiliency is also evident in its dividend history. Not only has Realty Income's monthly (yes, monthly) dividend been paid like clockwork since its launch over three decades ago, but it has been increased every quarter for very nearly as long.

A $10,000 holding in Realty Income will produce $570 worth of dividend income in 2027, making this name the best income-generating position of the five in focus here. Just don't expect much capital growth from it, if any, in this tricky interest-rate environment.

James Brumley has positions in Coca-Cola and Procter & Gamble. The Motley Fool has positions in and recommends Dollar General, Home Depot, Realty Income, Target, Tractor Supply, and Walmart. The Motley Fool recommends the following options: long January 2028 $320 calls on McDonald's, short January 2027 $37 calls on Tractor Supply, and short January 2028 $340 calls on McDonald's. The Motley Fool has a disclosure policy.