The S&P 500 Dividend Aristocrats is the most prestigious list of dividend stocks. The Dividend Aristocrats index is designed to measure the performance of S&P 500 constituents that have followed a policy of consistently increasing dividends every year for at least 25 consecutive years. This index is a member of the S&P Dividend Aristocrats index series.
Dividend Aristocrats constituents exhibit the following characteristics:
- Underlying Indices – S&P 500
- Weighting – Equally weighted; Constituents re-weighted quarterly
- Reconstitution – Reviewed annually in December
Among others, Dividend Aristocrats include these highly recognizable names, with years of consecutive dividend increases shown:
- 3M Co. (MMM) - 52 years
- Abbott Laboratories (ABT) - 38 years
- Clorox Co (CLX) - 35 years
- Coca-Cola Co (KO) - 48 years
- Exxon (XOM) - 28 years
- Johnson & Johnson (JNJ) - 48 years
- McDonald’s Corp (MCD) - 34 years
- Procter & Gamble (PG) - 54 years
- Wal-Mart Stores (WMT) - 36 years
Members may be deleted during the December rebalance if calendar-year dividends did not increase from the previous year, or intra-year if the stock is removed from the underlying S&P 500.
On December 2nd, S&P announced changes to the Dividend Aristocrats Index. Standard & Poor’s will perform the annual reconstitution of the S&P 500 Dividend Aristocrats Index after the close of trading on Friday, December 17, 2010.
The following stocks will be added to the Dividend Aristocrats:
- McCormick & Company (MKC)
- Hormel Foods Corp. (HRL)
- Ecolab Inc. (ECL)
The following stocks will be dropped from the Dividend Aristocrats:
- Eli Lilly And Company (LLY)
- SUPERVALU Inc. (SVU)
- Integrys Energy Group, Inc. (TEG)
After last year's significant decline, it is good see the membership number level off. The previous two years were difficult for dividend stocks, but that is not necessarily a bad thing. During good times it is easy for companies to increase dividends, and many companies were added to the index. It is during times of adversity that we learn who the real aristocrats are.
Full Disclosure: Long MMM, ABT, CLX, KO, JNJ, LLY, MCD, PG, TEG, WMT. See a list of all my income holdings here.
- When To Sell A Dividend Stock
- Six Great Dividend Stocks, But...
- 10 Stocks With Sustainable Dividend Growth
- Dividend Investing in a Bear Market
- Are Defense Stocks Good Defensive Stocks?
Tags: [ABT] [CLX] [ECL] [HRL] [JNJ] [KO] [LLY] [MCD] [MKC] [MMM] [PG] [SVU] [TEG] [WMT] [XOM]
Popular Posts - Last 7 days
Over time stocks fall in and out of favor with the media, analysts and investors. It is too easy to fall in love with a stock only to have ...
Linked here is a detailed quantitative analysis of Genuine Parts Company (GPC). Below are some highlights from the above linked analysis: ...
Linked here is a detailed quantitative analysis of Nike, Inc. (NKE). Below are some highlights from the above linked analysis: Company De...
Have you ever wondered just where are all the get-rich-now infomercial millionaires ? I know several people who have purchased one or more o...
Each Sunday I highlight any notable articles that I came across over the past week. Though I may not always agree with each of the articles ...
Life often deals us difficult circumstances to work through at what seems to be the most inopportune time. During economic downturns, many ...
Presented below are are my Dividend Growth Stocks portfolio holdings. This is not a recommendation to buy these securities. I have classifi...
Linked here is a detailed quantitative analysis of Colgate-Palmolive (CL). Below are some highlights from the above linked analysis: Comp...
Monday, October 31, 2011 will mark my fourth full year of writing as Dividends4Life . It is hard to believe another year has passed. Like th...
Linked here is a detailed quantitative analysis of Johnson & Johnson (JNJ). Below are some highlights from the above linked analysis: ...