A good starting point for income investors is the S&P Dividend Aristocrats list, which features companies that have increased their annual dividend payments every year for more than 25 consecutive years. I have selected the 20 highest yielding stocks in the index, along with their ticker, P/E ratio, dividend yield and dividend payout ratio.
The portfolio consisting of the 20 highest yielding stocks in the Dividend Aristocrats index currently yields 5.31% ( As of May 23, 2008). This is far better than most bonds and most stocks. This portfolio is just for illustrative purposes only, however. Its performance could be better or worse than the S&P 500 benchmark.
You could access the spreadsheet from here.
Full Disclosure: I own GCI, CINF, GE, KMB and CLX.
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Dividend Growth Investor - Thanks for the information. I will tuck this list of 20 away and keep an eye on them for buying opportunities after doing some due diligence.
ReplyDeleteGood read. If you are going to chase yield, the Aristocrats list is the place to do it.
ReplyDeleteBest Wishes,
Dividends4Life
Thanks for stopping by passive faily income and D4L.
ReplyDeleteI am not really trying to chase yield, I was just looking at the highest 20 yielding aristocrats. You should really check out the discussion on Seeking Alpha. It's so funny when people don't have anything else to do, but try offend others :-)