Definition
The Dividend Aristocrats are S&P 500 index constituents that have increased their dividend payouts for 25 consecutive years or more.
S&P 500 Dividend Aristocrats
What is ‘S&P 500 Dividend Aristocrats’
Companies in the S&P 500 who have increased their dividends for at least 25 consecutive years. The S&P 500 Dividend Aristocrats index tracks their performance, and is mainly comprised of large, well-known blue-chip companies. Standard & Poors will remove companies from the index if they fail to increase their dividends from the previous year. The index is updated annually in January.
Explaining ‘S&P 500 Dividend Aristocrats’
In addition to consistently increasing dividends, dividend aristocrats must have a float-adjusted market capitalization of at least $3 billion and an average trading volume of at least $5 million. The list typically contains 40 to 50 companies.
Further Reading
- Dividend Aristocrats–A Comparative Analysis of Polish and American Dividend Companies During the Period of 2009–2017 – content.sciendo.com [PDF]
- An Investment Strategy for Financial Independence – www.na-businesspress.com [PDF]
- DIVIDEND POLICY ANALYSIS IN DEVELOPED COUNTRIES AND DIVIDEND ARISTOCRATS – uzjournals.edu.uz [PDF]
- Comparative analysis of dividend payouts by national and international dividend companies for the period 2013-2019 – content.sciendo.com [PDF]
- The role of high dividend stocks as investments – www.um.edu.mt [PDF]
- Asset Dividend Yield Skew Implied in Corporate Credit Spreads – publicatt.unicatt.it [PDF]
