In December Standard and Poor’s updated their Dividend Aristocrats list. The companies which were added were:
Legg Mason (LM)
The companies removed from the list are:
Bank of America (BAC)
Fifth Third Bancorp (FITB)
Regions Financial (RF)
Wrigley Wm (WWY)
The biggest surprise is the removal of Nucor (NUE) from this elite list despite the fact that the company recently increased its payment to shareholders by over 9% to $0.35/share. Nucor does pay a special dividend in addition to the regular payment however. The special dividend payment has been decreasing over the past few years, as the regular payment has been increasing. The total quarterly payment for 3Q 2008 of 0.52/share was lower that 3Q 2007 payment of 0.61/share, which could be the reason why Nucor is booted out of the dividend aristocrats index. Check out my analysis of Nucor (NUE) from this link.
Wrigley and Anheuser-Busch were removed because they were acquired. The rest of the deletions include financial companies, which cut their payments to shareholders in 2008.
In 2008 the dividend aristocrats’ index outperformed the S&P 500 by 15.50 percent. The dividend aristocrates lost 21.55% in 2008 versus the 37.00% loss for the S&P 500.
To view the full list of Dividend Aristocrats in 2009, check out Standard and Poors website.
Free Stock Trade. Trade stocks for free on Zecco.com. The Free Trading Community. www.zecco.com
- Why do I like Dividend Aristocrats?
- Dividend Aristocrats are outperforming the markets in 2008
- Are Drips Worth It?
- Long term returns of S&P high-yield aristocrats
“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections...
Investors who are looking for quality stocks that regularly raise dividends have several lists available as a starting point in their ...
Every dollar that you have in your possession can be traced back to you exchanging your labor for money. The labor you provided was essentia...
My investing goals are very simple – to cover my expenses from dividend income generated from my portfolio. In order to translate goals in...
Motif Investing is an established brokerage which lets investors create their own portfolios, and purchase them for a set commission. Each...
Altria Group , Inc.(MO), through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. T...
There are four key attributes that need to be considered, in order to be successful at dividend investing. These ingredients include focusin...
I have highlighted below several frequently asked questions about dividend investing. This is not an all inclusive list, but more of a runn...
I have been writing about dividend growth investing since January 2008. I often get asked questions by readers. Many of those questions in...
Last week, I wrote a groundbreaking article, which outlined the basic premise that interest rate levels affect P/E ratios that investors ar...