S&P 500 Dividend Aristocrats

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

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, there were 66 Dividend Aristocrats.[9]

CompanyTicker symbolSector
3MMMMIndustrials
A.O. SmithAOSIndustrials
Abbott LaboratoriesABTHealth Care
AbbVieABBVHealth Care
AFLACAFLFinancials
Air Products & ChemicalsAPDMaterials
Albemarle CorporationALBMaterials
AmcorAMCRMaterials
Archer-Daniels-Midland CoADMConsumer Staples
AT&T IncTCommunications
Atmos Energy CorpATOUtilities
Automatic Data ProcessingADPInformation Technology
Becton Dickinson & CoBDXHealth Care
Brown–Forman BBF.BConsumer Staples
Cardinal Health IncCAHHealth Care
Caterpillar IncCATIndustrials
Chevron CorpCVXEnergy
Chubb LimitedCBFinancials
Church & DwightCHDConsumer Staples
Cincinnati Financial CorpCINFFinancials
Cintas CorpCTASIndustrials
CloroxCLXConsumer Staples
Coca-Cola CoKOConsumer Staples
Colgate-PalmoliveCLConsumer Staples
Consolidated Edison IncEDUtilities
Dover CorpDOVIndustrials
Ecolab IncECLMaterials
Emerson ElectricEMRIndustrials
Essex Property TrustESSReal Estate
Expeditors International of WashingtonEXPDIndustrials
Exxon Mobil CorpXOMEnergy
Federal Realty Investment TrustFRTReal Estate
Franklin Resources IncBENFinancials
General DynamicsGDIndustrials
Genuine Parts CompanyGPCConsumer Discretionary
Hormel Foods CorpHRLConsumer Staples
Illinois Tool WorksITWIndustrials
IBMIBMInformation Technology
Johnson & JohnsonJNJHealth Care
Kimberly-ClarkKMBConsumer Staples
Leggett & PlattLEGConsumer Discretionary
Linde plcLINMaterials
Lowe'sLOWConsumer Discretionary
McCormick & CompanyMKCConsumer Staples
McDonald's CorpMCDConsumer Discretionary
Medtronic plcMDTHealth Care
Nucor CorpNUEMaterials
PentairPNRIndustrials
People's United FinancialPBCTFinancials
PepsiCoPEPConsumer Staples
PPG IndustriesPPGMaterials
Procter & GamblePGConsumer Staples
Realty IncomeOReal Estate
Roper TechnologiesROPIndustrials
S&P Global IncSPGIFinancials
Sherwin-WilliamsSHWMaterials
Stanley Black & DeckerSWKIndustrials
Sysco CorpSYYConsumer Staples
T Rowe Price Group IncTROWFinancials
Target CorpTGTConsumer Discretionary
United Technologies CorpUTXIndustrials
VF CorporationVFCConsumer Discretionary
W. W. GraingerGWWIndustrials
Walgreens Boots AllianceWBAConsumer Staples
Walmart Inc.WMTConsumer Staples
West Pharmaceutical Services IncWSTHealth Care

Exchange-traded fund

ProShares S&P 500® Dividend Aristocrats ETF (NOBL)[10]

References
  1. "S&P Dow Jones Indices Announces Rebalancing Results for the S&P 500 Dividend Aristocrats" (PDF).
  2. "Constituent Change Announced for the S&P 500 Dividend Aristocrats Index" (PDF).
  3. "Constituent Change Announced for the S&P 500 Dividend Aristocrats Index" (PDF).
  4. "S&P Dow Jones Indices Announces Rebalancing Results for the S&P 500 Dividend Aristocrats".
  5. "West Pharmaceutical Services: Unique Business, Intimidating Valuation".
  6. Strauss, Lawrence C. "4 Companies Have Joined the 'Dividend Aristocrats' — but Their Stocks Lag the Market". www.barrons.com.
  7. "Constituent Change Announced for the S&P High Yield Dividend Aristocrats Index" (PDF). Spice-indices.com. Retrieved 24 November 2018.
  8. "Constituent Change Announced for the S&P 500 Dividend Aristocrats Index" (PDF). Spice-indices.com. Retrieved 24 November 2018.
  9. Li, Qing; Hao, Bill. "S&P High Yield Dividend Aristocrats: A Practitioner's Guide - S&P Dow Jones Indices". www.spglobal.com. p. 10.
  10. "ProShares S&P 500® Dividend Aristocrats ETF".
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