S&P 500 Dividend Aristocrats
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The Dividend Aristocrats are S&P 500 index constituents.
The S&P 500 Dividend Aristocrat index was launched by Standard and Poors in May 2005.
Qualifications for a stock to be a Dividend Aristocrat are:
- A stock must be a member of the S&P 500
- A stock must have increased their dividend payment for at least the past 25 consecutive years.
History
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Since the 2008 financial crisis, the S&P 500 Dividend Aristocrat list has evolved as follows:
2020 - Total number of Aristocrats: 66. This includes the following 7 new additions. Amcor (AMCR), Atmos Energy (ATO), Realty Income (O), Essex Property Trust (ESS), Ross Stores (ROST), Albemarle Corporation (ALB), and Expeditors International (EXPD) were added to the list effective prior to market open on February 3.[1]
United Technologies became Raytheon after divestment of some divisions and remained on the list. In addition, both spinoffs Carrier Global (CARR) and Otis Worldwide (OTIS) were added to the list as well, effective prior to the market opening on April 3, 2020.[2]
Ross Stores (ROST) suspended its dividend on May 21st due to the COVID-19 crisis and was removed from the list prior to market open on July 1, 2020.[3]
IBM (IBM) announced April 28th its decision to raise its quarterly dividend. Joining the list of dividend aristocrats, S&P 500 companies that have increased cash dividends to shareholders for 25 straight years.[4]
West Pharmaceutical Services (WST) joined the S&P 500 in May 22th, replacing Helmerich & Payne (HP). Joining the list of S&P 500 dividend aristocrats.[5]
2019 - Chubb (CB), People's United Financial (PBCT), Caterpillar Inc. (CAT), and United Technologies (UTX) were added to the list.[6]
2016 - Chubb Corp (CB) was removed upon acquisition by ACE Limited (ACE).[7]
2015 - Family Dollar Stores (FDO) was removed from the list due to its purchase by Dollar Tree. Also in 2015, Sigma-Aldrich Corp (SIAL) was removed from the list due to its acquisition by Merck.[8]
Index
As of December 2020[update], there were 66 Dividend Aristocrats.[9]
| Company | Ticker symbol | Sector |
|---|---|---|
| 3M | MMM | Industrials |
| A.O. Smith | AOS | Industrials |
| Abbott Laboratories | ABT | Health Care |
| AbbVie | ABBV | Health Care |
| AFLAC | AFL | Financials |
| Air Products & Chemicals | APD | Materials |
| Albemarle Corporation | ALB | Materials |
| Amcor | AMCR | Materials |
| Archer-Daniels-Midland Co | ADM | Consumer Staples |
| AT&T Inc | T | Communications |
| Atmos Energy Corp | ATO | Utilities |
| Automatic Data Processing | ADP | Information Technology |
| Becton Dickinson & Co | BDX | Health Care |
| Brown–Forman B | BF.B | Consumer Staples |
| Cardinal Health Inc | CAH | Health Care |
| Caterpillar Inc | CAT | Industrials |
| Chevron Corp | CVX | Energy |
| Chubb Limited | CB | Financials |
| Church & Dwight | CHD | Consumer Staples |
| Cincinnati Financial Corp | CINF | Financials |
| Cintas Corp | CTAS | Industrials |
| Clorox | CLX | Consumer Staples |
| Coca-Cola Co | KO | Consumer Staples |
| Colgate-Palmolive | CL | Consumer Staples |
| Consolidated Edison Inc | ED | Utilities |
| Dover Corp | DOV | Industrials |
| Ecolab Inc | ECL | Materials |
| Emerson Electric | EMR | Industrials |
| Essex Property Trust | ESS | Real Estate |
| Expeditors International of Washington | EXPD | Industrials |
| Exxon Mobil Corp | XOM | Energy |
| Federal Realty Investment Trust | FRT | Real Estate |
| Franklin Resources Inc | BEN | Financials |
| General Dynamics | GD | Industrials |
| Genuine Parts Company | GPC | Consumer Discretionary |
| Hormel Foods Corp | HRL | Consumer Staples |
| Illinois Tool Works | ITW | Industrials |
| IBM | IBM | Information Technology |
| Johnson & Johnson | JNJ | Health Care |
| Kimberly-Clark | KMB | Consumer Staples |
| Leggett & Platt | LEG | Consumer Discretionary |
| Linde plc | LIN | Materials |
| Lowe's | LOW | Consumer Discretionary |
| McCormick & Company | MKC | Consumer Staples |
| McDonald's Corp | MCD | Consumer Discretionary |
| Medtronic plc | MDT | Health Care |
| Nucor Corp | NUE | Materials |
| Pentair | PNR | Industrials |
| People's United Financial | PBCT | Financials |
| PepsiCo | PEP | Consumer Staples |
| PPG Industries | PPG | Materials |
| Procter & Gamble | PG | Consumer Staples |
| Realty Income | O | Real Estate |
| Roper Technologies | ROP | Industrials |
| S&P Global Inc | SPGI | Financials |
| Sherwin-Williams | SHW | Materials |
| Stanley Black & Decker | SWK | Industrials |
| Sysco Corp | SYY | Consumer Staples |
| T Rowe Price Group Inc | TROW | Financials |
| Target Corp | TGT | Consumer Discretionary |
| United Technologies Corp | UTX | Industrials |
| VF Corporation | VFC | Consumer Discretionary |
| W. W. Grainger | GWW | Industrials |
| Walgreens Boots Alliance | WBA | Consumer Staples |
| Walmart Inc. | WMT | Consumer Staples |
| West Pharmaceutical Services Inc | WST | Health Care |
Exchange-traded fund
ProShares S&P 500® Dividend Aristocrats ETF (NOBL)[10]
References
- ^ "S&P Dow Jones Indices Announces Rebalancing Results for the S&P 500 Dividend Aristocrats" (PDF).
- ^ "Constituent Change Announced for the S&P 500 Dividend Aristocrats Index" (PDF).
- ^ "Constituent Change Announced for the S&P 500 Dividend Aristocrats Index" (PDF).
- ^ "S&P Dow Jones Indices Announces Rebalancing Results for the S&P 500 Dividend Aristocrats".
- ^ "West Pharmaceutical Services: Unique Business, Intimidating Valuation".
- ^ Strauss, Lawrence C. "4 Companies Have Joined the 'Dividend Aristocrats' — but Their Stocks Lag the Market". www.barrons.com.
- ^ "Constituent Change Announced for the S&P High Yield Dividend Aristocrats Index" (PDF). Spice-indices.com. Retrieved 24 November 2018.
- ^ "Constituent Change Announced for the S&P 500 Dividend Aristocrats Index" (PDF). Spice-indices.com. Retrieved 24 November 2018.
- ^ Li, Qing; Hao, Bill. "S&P High Yield Dividend Aristocrats: A Practitioner's Guide - S&P Dow Jones Indices". www.spglobal.com. p. 10.
- ^ "ProShares S&P 500® Dividend Aristocrats ETF".