Smart Money’s Weekly Growth Watchlist – Dividend Stocks Poised to Climb

MaxDividends Mission: Helping people build growing passive income, retire early, and live off dividends.

Top Capital Growth Focused Dividend Stocks of the Week

Each week, we select the best growth-focused dividend stocks that are undervalued or fairly valued based on the MaxDividends strategy. Perfect for DGI investors, long-term dividend growth investors, and those seeking capital appreciation.

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Fall’s Crisp Air Is Here — and the Market’s Just as Sharp

With another volatile week behind us, we saw tech dip, industrials hold steady, and dividend-paying names quietly outperform the hype machines.

If there’s one truth in dividend growth investing, it’s that consistency wins. Building wealth isn’t about the flashiest ticker—you don’t need to chase the next viral stock or wait too long while fear holds you back. You don’t get rich accelerating into peaks; you get rich slowly, compounding, collecting yield, reinvesting, riding out the storms. Most people chase hype, mouth off on “next big thing,” or ignore dividends altogether until it’s too late. But you? You’re playing the long game.

This week’s Top Dividend Growth Stocks list is full of companies you’ll want to own—not just for the yield, but for rising dividends, durable cash flows, and capital growth that backs up those promises. These are names built to last, to grow, to give you rewards season after season, year after year.

So settle in, because what you’re about to see isn’t the usual crowd. It’s rare, it’s robust—and if you lean in now, you might just set yourself up for the kind of income stream that turns years into financial freedom.

Ready to dive in? Let’s go.

This Week’s Top 10 Undervalued Capital Growth Dividend Stocks

Your Weekly Capital Growth Playbook – Dividend Payers That Outlast Cycles

📌 Today’s Table of Contents

Your Essential Dividend Investing Guide

• Top 10 Capital Growth Dividend Stocks (USA) – This week’s strongest names: steady dividend payers with serious capital growth power. I’ll share my portfolio highlights, fresh recommendations, and why these stocks stand out. Don’t just watch—these are the kinds of picks that can quietly compound into real wealth.

   

• Top 3 U.S. Capital Growth Dividend Ideas – Three new opportunities with the perfect mix of growth, financial strength, and rising payouts. If you’ve been waiting for your next buy signal—this is it.

   

• Top 3 Global Capital Growth Picks of the Week – Dividend payers outside the U.S. with the rare combo of stability and capital appreciation. A chance to diversify globally—before the crowd catches on.

   

• Dividend News, Market Updates & My Portfolios – The key headlines, big payout moves, and exactly how I’m shifting my own capital. Real-world insights you can act on.

   

• My Watchlist & Weekly Strategy – The names I’m stalking right now and the plan I’m setting up for the week ahead. Don’t miss what could be your next entry point.

Intro

We’re excited to bring you this week’s lineup of growth-focused dividend companies—stocks that don’t just pay you, they grow with you.

Here’s the first kicker: many of these names are still undervalued, trading at prices smart investors love. The second kicker? A lot of them have been outpacing the market—sometimes by 2x or more—for years.

And the best part? They keep rewarding shareholders with reliable dividends and steady income growth year after year. That’s the beauty of the MaxDividends approach: we focus on financially strong businesses, proven dividend growers, and companies with the power to keep compounding through every market cycle.

The real edge of dividend investing is simple—every market dip turns into an opportunity to reinvest at better yields, speeding up your journey to lasting passive income. Stick to quality, stay consistent, and let time and compounding do the heavy lifting.

Enjoy the read—this week’s list could be the building blocks of your long-term wealth.

📊 PDF Edition of Today’s Report 📊

3 Capital Growth Dividend Picks to Watch This Week

1. 0.92% GWW WW Grainger Inc - Undervalued

W.W. Grainger, Inc. (NYSE: GWW) distributes industrial supplies, safety products, and related maintenance, repair, and operations (MRO) services. Its model splits between High-Touch Solutions in North America and the Endless Assortment segment (e-commerce via Zoro and MonotaRO), giving it coverage across complex industrial needs and online/top-assortment convenience.

In Q2 2025 (ended June 30, 2025), Grainger posted net sales of $4,554 million, up 5.6% year-over-year from Q2 2024’s $4,312 million. Net earnings attributable to Grainger were $482 million, up 2.6% YoY from the prior year period’s $470 million. Operating earnings were $678 million, up 4.5% YoY. Gross profit margin dropped slightly to 38.5%, and operating margin slipped to 14.9% from the year-ago quarter.

Grainger pays an annual dividend of $9.04 per share, yielding about 0.91%. Its dividend payout ratio based on trailing twelve months of earnings is 22.94%. The company has increased its dividend for 55 consecutive years, with a five-year dividend growth rate near +41.00%.

💡 Why Today?

Industrial supply is the backbone of the economy, and Grainger is positioned as the go-to distributor. Even as manufacturing slows in some sectors, Grainger keeps growing sales thanks to its high-touch service model and fast-scaling e-commerce arm (Zoro and MonotaRO). Right now, the stock trades below its long-term fair value, giving investors a rare entry point into a Dividend King with 55 straight years of raises.


2. 0.76% SPGI S&P Global Inc

S&P Global (NYSE: SPGI) is a provider of financial intelligence and analytics, offering credit ratings, indices, market intelligence, workflow tools, and data services. Its client base includes financial institutions, corporations, and governments, with operations spanning global capital markets, energy, commodities, and engineering sectors. This mix gives it exposure to both recurring revenue streams and tailwinds from AI, sustainability, and data. 

In Q2 2025, S&P Global posted revenue of $3.755 billion, up 6% year-over-year. GAAP net income reached $1.072 billion, also up 6% YoY, with diluted EPS of $3.50, up 9%. Margins improved modestly: GAAP operating margin increased by 40 basis points, adjusted operating margin increased by 70 basis points, reflecting solid execution in its Market Intelligence and Indices businesses.

The company pays an annual dividend of $3.84 per share. The stated dividend yield is approximately 0.76%. The company has a long history of paying dividends consistently, and its dividends are well covered by its earnings, as evidenced by its moderate payout ratio.

💡 Why Today?

Capital markets are buzzing again — deal flow, bond issuance, and demand for financial data are all trending up as interest rate cuts approach. S&P Global is a toll-booth business on these flows, earning every time companies borrow, restructure, or track benchmarks. With AI and sustainability data adding fresh growth engines, today’s setup means you’re buying into both short-term momentum and a long runway of compounding.


3. 0.65% BRO Brown & Brown Inc

Brown & Brown, Inc. (NYSE: BRO) is a large U.S. insurance brokerage and risk management intermediary, operating through retail, national programs, wholesale brokerage, and services segments. It earns revenue from commissions and fees, serving clients nationwide with property, casualty, employee benefits, and other specialty lines.

In Q2 2025 (three months ended June 30, 2025), Brown & Brown reported total revenues of $1,285 million, up 9.1% year-over-year. Net income attributable to the Company was $231 million, down 10.1% YoY, while diluted net income per share increased to $1.03, up 10.8% YoY.

Brown & Brown pays an annual dividend of $0.60 per share, with a dividend yield of about 0.63%. The company has increased its dividend for 32 consecutive years, and maintains a payout ratio of 16.40%.

💡 Why Today?

The insurance industry is in a pricing upswing — premiums across property and casualty lines are climbing, and brokers like Brown & Brown benefit directly. Even better, BRO’s asset-light model turns rising fees into growing EPS, regardless of interest rate volatility. With steady M&A and 30+ years of dividend hikes, this is one of those rare plays where you get defensive stability plus capital growth upside.

Top 10 Capital Growth Dividend Winners of the Week

We track them inside a model portfolio—adding one stock at a time, week after week.

⭐️ Week 09/22/2025 | MaxDividends USA Picks

• 10-Year Total Return: +656%
• 10-Year Annualized Return: +19.72%
• Current Dividend Yield: 0.79%

👉 Top 10 of the Week (USA) – Portfolio Performance

Capital Growth Focused

0.33% WST West Pharmaceutical Services Inc
0.53% CHE Chemed Corp
0.64% MSFT Microsoft Corporation
0.65% BRO Brown & Brown Inc
0.92% GWW WW Grainger Inc
0.66% LAD Lithia Motors Inc
0.76% SPGI S&P Global Inc
1.20% HUBB Hubbell Inc
1.48% DCI Donaldson Company Inc
0.73% KLAC KLA-Tencor Corporation

Comments

This week’s capital growth dividend list leans into two big themes: earnings power in a changing rate environment and secular growth trends that don’t stop with the cycle. With investors shifting toward companies that can defend margins, expand globally, and still return cash, these 10 names stand out.

The mix is strong: Microsoft and KLA are the tech anchors—both riding AI and semiconductor demand. S&P Global sits at the heart of capital markets, with steady fee growth as bond issuance and deal activity pick up. Industrials like Grainger, Donaldson, and Hubbell highlight the “infrastructure tailwind” theme—supplying critical equipment and parts that companies can’t delay.

Healthcare balance comes from West Pharmaceutical and Chemed, steady performers in niches tied to recurring demand. Brown & Brown keeps expanding its insurance platform in a rising premium environment, while Lithia Motors pushes forward with dealership consolidation, a model that keeps compounding through scale.

This week’s Top 10 is just the start—hundreds of battle-tested dividend growers with serious capital growth potential are waiting in the full Dividend Eagles list inside the app.

👉 See the Full Dividend Eagles List

Max’s Comment:

The Top 10 Growth-Focused Dividend Stocks aren’t just numbers on a screen for me—they’re the foundation of my kids’ portfolios. I keep adding to these names regularly, and when my kids turn 21, the plan is simple: hand them a portfolio built on quality, consistency, and growing income. A gift of freedom that keeps compounding long after I step aside.

Top 3 Global Capital Growth Dividend Stocks of the Week

These aren’t just household U.S. names—this week we spotlight three global dividend growers that have quietly crushed the market while rewarding investors with rising payouts. Each one combines serious capital growth potential with the kind of dividend discipline that builds real long-term wealth.

👇 Let’s break down the top 3 international picks — and if you want the full runway of global Dividend Eagles, you’ll find the complete updated list inside the MaxDividends app.

⭐️ Week 09/22/2025 | MaxDividends International Stocks

• 10-Year Total Return: +824%
• 10-Year Annualized Return: +21.90%
• Current Dividend Yield: 0.68%

Capital Growth Focused

1. 0.97% 4091 Nippon Sanso Holdings | Japan

Taiyo Nippon Sanso (TSE: 4091) is one of Japan’s largest industrial gas suppliers, operating across Asia, North America, and Europe. The company provides oxygen, nitrogen, argon, and specialty gases to sectors ranging from steelmaking and electronics to healthcare. With demand from semiconductors and medical uses on the rise, it benefits from a broad industrial tailwind across multiple geographies.

For Q1 FY2026, covering April through June 2025, the company reported revenue of ¥301.7 billion, up 3.7% year over year, driven by steady demand in electronics and overseas markets. Net income came in at ¥18.1 billion, up 5.8% from the prior year, showing solid margin discipline despite currency headwinds and higher raw material costs.

The stock yields 0.90% on an annual dividend of ¥51.00. Taiyo Nippon Sanso has raised its payout for 18 consecutive years, with 5-year dividend growth of 70.00% and a payout ratio of 22.35%. Those metrics underline a not flashy but steady approach—keeping the dividend safe while letting earnings growth do the heavy lifting.

💡 Why Today?

Industrial gases are a backbone for semiconductors, steel, and healthcare—and demand is climbing in all three. With chip fabs expanding in Asia and North America, plus steady oxygen demand in hospitals, Sanso is plugged into multiple growth engines at once. Despite currency headwinds, margins held, and earnings are still rising. Right now the stock trades at a discount while still boasting 18 years of dividend hikes—making this a timely entry into a global industrial compounder.


2. 0.24% 5344 Maruwa Co | Japan

Maruwa Co Ltd (5344.T) is a Japanese manufacturer of ceramic components — LED substrates, RF modules, heat dissipation parts — serving semiconductors, communications, and LED & lighting markets. It operates from Japan, supplying high-precision ceramic materials globally.

In its latest quarter (ended June 30, 2025), Maruwa posted revenue of ¥17,256 million, up 6.2% year-over-year from ~¥16,242 million. Net income attributable to owners of the parent was ¥3,878 million, down 13.9% YoY.

Maruwa’s dividend yield is approximately 0.22%, with an annual dividend of ¥90 JPY per share. The payout ratio is very low, around 6-7%, reflecting a conservative payout policy.

💡 Why Today?

Maruwa’s profits dipped this quarter on weaker semiconductor memory demand and yen volatility—exactly the kind of short-term headwind long-term investors can use. The business itself keeps growing sales and holding margins, and with a payout ratio near 6%, dividends are rock-solid. The current price reflects the “bad news,” making now an attractive entry before global chip demand normalizes.


3. 0.83% IP Interpump Group S.p.A. | Italy

Interpump Group S.p.A. (BIT: IP) is an Italian industrial company making high-pressure hydraulic pumps, water-jetting equipment, and fluid handling systems. It operates through two main divisions—Hydraulic and Water-Jetting—and serves markets across Europe, North America, and the Asia-Pacific region.

In Q2 2025, Interpump reported revenue of €555.3 million, up 1.0% year-over-year from €549.8 million in Q2 2024. Net profit in that quarter was €60.4 million, down 3.4% YoY from €62.5 million. EBITDA was €132.1 million, increasing by 6.0% compared to Q2 2024, and EBITDA margin rose from 22.7% to 23.8%.

Dividend‐wise, the company pays an annual dividend of €0.33 per share, yielding about 0.83%, with a payout ratio of approximately 16.6%.

💡 Why Today?

Europe’s industrial economy is in a soft patch, and Interpump’s stock price reflects that slowdown. Yet the company continues to expand EBITDA and margins, proving its model is resilient. Its hydraulics and water-jetting systems are essential across industries from construction to energy, giving it a long runway. With a sub-20% payout ratio and steady dividend raises, today’s dip offers long-term investors a way to pick up a high-quality European industrial at a better price.

The 3 picks we just covered are only the start. Beyond them, there’s a whole roster of global Dividend Eagles—companies that have raised payouts for 15+ years and kept shareholders winning across every cycle.

Explore the full updated International Dividend Eagles list now inside the MaxDividends app — your runway to the world’s most consistent wealth compounding machines.

👉 Dividend Eagles: Top International Stocks List (Tab → International)

Dividend Market Overview

A Deep Dive into Last Week’s Dividend Market Events

📊 Dividend Eagles Pulse

Here’s how the Dividend Eagles have delivered since the list went live in 2024:

✅ 546 (+2) regular dividends hit shareholder accounts
✅ 229 increases logged (+9.31% average)
✅ 10 special dividends sweetened the pot

❌ Just 1 cut (0.19% → 0.18%)
❌ 0 suspensions

Bottom line: the heartbeat of the Eagles list is strong—steady raises, almost no disappointments. Exactly what you want fueling your passive income.

Last Week’s Highlights from MaxDividends

A quick roundup of articles and dividend stock ideas worth your time.

👉 We Put a World-Class Dividend Payer Through the MaxDividends Secret Formula — Here’s What We Found

👉 2 Dividend Kings Just Raised Payouts—But Which One Deserves Your Money?

Now, let’s dive into the biggest movers and the stocks preparing to pay you in the coming days.

Top 3 Gainers of the Week – MaxDividends Top Stocks

Every week, some of our Dividend Eagles spread their wings a little wider. These are the names that delivered the strongest price gains on the market—proof that reliable dividend payers don’t just hand out income, they can also fly high on capital growth.

👉 Here are this week’s top 3 gainers from the Dividend Eagles list:

+4.10% EVR Evercore

Evercore Inc. (NYSE: EVR) is a leading independent investment banking advisory firm, focused on mergers and acquisitions, strategic advisory, restructuring, capital markets, and wealth management. The company operates globally, with a strong footprint in the U.S. and a growing presence in Europe, Latin America, and Asia, positioning itself as a solid player in high-value advisory mandates.

+4.52% GRC The Gorman-Rupp Company

Gorman-Rupp (NYSE: GRC) is a U.S. manufacturer of pumps and pump systems for water, wastewater, fire suppression, construction, industrial, agricultural and related markets. It serves both municipal and industrial clients, supplying critical fluid handling infrastructure across North America.

+8.38% KLAC KLA Corp

KLA Corporation (NASDAQ: KLAC) is a heavyweight in semiconductor process control and yield management, providing chipmakers with inspection, metrology, and lithography tools that keep production efficient and output reliable. Based in Milpitas, California, the company sits at the core of the semiconductor supply chain, with customers ranging from foundries to memory and logic players. That positioning makes KLA less of a flashy growth story and more of a steady margin play whenever global chip demand accelerates.

Dividend Hike of the Week: JP Morgan (JPM)

Dividend Increase: +7.10%. 15+ consecutive years of dividends.

JPMorgan Chase & Co. is one of the biggest financial services firms globally, offering banking, investment banking, asset & wealth management, consumer & community banking, payments and markets operations. It operates mainly in the U.S. but also has significant international exposure, especially in capital markets and global finance.

In Q2 2025, JPMorgan reported revenue of $44.9 billion, down about 11% YoY. Net income was $15.0 billion, down from a higher figure a year ago, but still solid given margin pressures and deposit cost headwinds.

The company pays an annual dividend of $5.60, yielding 1.78%. Dividend Increase Track Record is 15 years, 5-Year Dividend Growth is +39.00%, Dividend Payout Ratio is 28.73%.

My Plans for This Week

Before putting this week’s report together, I went through the company list to see which names look interesting for fresh buys. A couple are already locked in—Novo-Nordisk and Shoe Carnival. I’ll keep adding more as I go. I’m still waiting for a better entry point on Tractor Supply, and I’m planning to increase my position in T. Rowe Price.

Overall, I’ll stick to the usual game plan. By the end of this week, all my September dividends will have landed—about $1,000 in total—and I’ll reinvest that money at the start of October.

On the family’s main portfolio, I’m also looking at adding more shares this week if I can top up the brokerage account in time. Teleperformance is on my radar (I already own a position, but could add another 7–8% to it). From the newer names, I’d like to build out Yokogawa Bridge and Cogeco Inc. as well.

And next week marks the start of a new quarter, which means I’ll be making the regular buys for the kids’ portfolios. Those will come straight from the current “Dividend Eagles” list—companies with strong dividend streaks and a long-term focus on capital growth.

On the app side: we’re pushing hard on the data. Every payout record is being reviewed, verified, and improved daily. Soon, every single dividend figure will be backed by direct report links and screenshots for proof. No more guessing. No more half-baked data. Just the most accurate dividend info in the world—because that’s what we’re building: the #1 app for dividend investors worldwide.

👉 My WatchList

A curated list of dividend stocks that are currently being monitored for potential investment opportunities.

👉 My Portfolio with All Updates and Ideas

Detailed insights into my personal investment portfolios, including recent updates and strategic ideas

My Strategic Thoughts & Plans for 2025

Main

For the past 20 years, I’ve poured time and energy into building businesses. That’s been my main source of capital. In recent years, I’ve let the stock market go to work for me—growing that capital further through smart dividend investing.

This year I turned 40. As a father of three, my focus is shifting. I still love business and investing, but I want to do it on my own terms. My goal is to take a more strategic role, free up time for family, and finally pursue interests I’ve been putting off. Dividends make that possible.

In 2025, I’m transitioning to fully living off dividends. My main portfolio—stacked with strong growth companies and high-yield dividend stocks—will fund this shift.

Q3 2025 Plan

Here’s how I’m approaching the quarter:

• Main Portfolio – Putting accumulated cash to work by adding dividend stocks and reinvesting aggressively. I don’t need to touch dividend income yet, so every dollar is buying more shares.
• Tracking Income – Monthly dividend income now tops $7,000. I loosely compare that with our family expenses, and it’s reassuring to see the numbers line up.
• $12K Dividend Portfolio – No changes. Weekly $3,000 buys, like clockwork. Discipline wins.
• Kids’ Portfolios – $300 each per quarter for all three kids. Three portfolios, one simple plan.

Strategy

The structure of all portfolios stays the same, and the strategy hasn’t changed: dividend income and dividend growth come first. Capital appreciation is the bonus that follows from owning financially strong, undervalued businesses.

Right now, 90% of my core portfolio is high-yield, dividend-growing stocks. My average monthly dividend income is approaching $6,000 (and climbing). For now, reinvestment is the priority—it accelerates the snowball and speeds up the freedom curve.

Everything is rooted in the MaxDividends Investing Concept and the Dividend Eagles framework. It’s simple, low-maintenance, and effective. Most of the time, I just watch my passive income grow—steady, predictable, and compounding every month.

👉 My Recent Friday Purchases Overview

Happy dividends for all the holders!

Best regards,
Max

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*Disclaimer: This article reflects the author’s personal opinions and is intended for educational and entertainment purposes only. It does not constitute financial advice in any form. Always do your own research and consult a licensed financial advisor. The author may hold positions in some of the stocks mentioned, in line with the views expressed. This is a disclosure, not a recommendation to buy or sell any securities.

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