diff --git a/VERSION b/VERSION
index 444877d48fb6923ffb0c7c872a3eebb1f8ca5def..65afb3b88612378e83aadbe1135d71cc1e5e07e6 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-3.5.3
+3.5.4
diff --git a/doc/source/conf.py b/doc/source/conf.py
index 9e05183a21e968fe542d7550cedb670a2c755327..77faeee9659fbcd1d396178f816e4baaacfc219e 100644
--- a/doc/source/conf.py
+++ b/doc/source/conf.py
@@ -65,7 +65,7 @@ copyright = u"2020, BSC-CNS Earth Sciences Department"
 # The short X.Y version.
 version = "3.5"
 # The full version, including alpha/beta/rc tags.
-release = "3.5.3"
+release = "3.5.4"
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index 074466cb9a296496ea59464b126801cedc7c1c83..83633e795891c3903ed114af727f1d8ed15b7129 100644
--- a/setup.py
+++ b/setup.py
@@ -24,7 +24,7 @@ REQUIREMENTS = {
         "cdo==1.5.3",
         "cfgrib",
         "dask[array]",
-        "diagonals>=0.3.2",
+        "diagonals>=0.3.4",
         "netCDF4",
         "nco>=0.0.3",
         "numba",