Dividend Kings Genuine Parts and Stanley Black & Decker face 2026 cash flow challenges risking dividend safety.

Genuine Parts and Stanley Black & Decker, both Dividend Kings with decades of consecutive dividend increases, are facing financial pressures in 2026. Genuine Parts' free cash flow fell below its dividend payments in 2025, raising concerns about the sustainability of its 70-year dividend streak amid a planned company split. Stanley Black & Decker maintains dividend coverage but with declining free cash flow and high liabilities, though a major divestiture could improve its position. Both companies' 2026 free cash flow results will be critical in determining if their dividend growth streaks can continue.