Dividend Aristocrats Updated

S & P has updated its list of the Dividend Aristocrats. This is the first dividend list that I became aware of. If you want to use a dividend list as an investment plan to follow, this might be a good one since it is the smallest.

The stated criteria is that it consists of stocks that are in S & P indices have raised their dividends every year for at least 25 years. Yet there are many stocks that have increased their dividend for 25 or more years that are not on the list. Some of the additions this year are some of those stocks that were not on the list despite meeting the criteria.

Some other lists are the Dividend Achievers and Dividend Champions. The Dividend Champions list has a lot of stats and in my opinion is the best download of the three groups of lists. Some people prefer these because they are larger lists and more consistently adheres to their entry criteria than S & P.

The stocks that were added that I already own are AT&T (T), Colgate-Palmolive (CL), Illinois Tool Works (ITW) and Sysco Corp. (SYY). The stocks that were added which I do not already own are Franklin Resources (BEN), Genuine Parts (GPC), HCP Inc. (HCP), Medtronic, Inc. (MDT), Nucor Corp. (NUE) and T. Rowe Price Group (TROW). CenturyLink Inc. (CTL) was deleted. I never bought that one.

Quite a few of the new stocks that I do not own are financial stocks. I generally avoid financial stocks.

Dividend Achievers, Dividend Aristocrats and Dividend Champions are trademarks owned by other people. Google them.

Image from The Goya Foundation, assumed allowed under Fair Use. Painting “The Spell” by Francisco José de Goya y Lucientes, or just Goya (1746-1828); assumed allowed under public domain.

Page created on 2011-12-08_11:33:02, last modified on 2022-03-12_22:50:48.

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