Despite Avery Dennison's recent dividend cut, the dividend aristocrats index appears to be business as usual in 2009. The dividend aristocrats represent S&P 500 members which have consistently raised their dividends for more than 25 consecutive years. At the end of 2008, there were 52 constituents in the index. Dividend growth investors typically use the Dividend Aristocrats and the Dividend Achievers Indexes as a starting point in their additional stock research.
There were 28 dividend increases in the elite dividend index so far in 2009. The companies raising distributions this year include:
There were 8 dividend cuts in the elite dividend index so far in 2009. The other dividend cutters include:
One company, Rohm & Haas was taken over by Dow Chemical (DOW) in the first half of 2009.
The changes in the Dividend Aristocrats index should be expected and they are a natural process that occurs even in normal years. The index is relatively well diversified between different sectors, which helped soften its decline over the past 2 years, relative to the S&P 500.
Full Disclosure: Long ABT, ADM, APD, CB, CLX, ED, FDO, GWW, KMB, KO, MHP, MMM, PEP, PG, SHW and WMT
Relevant Articles:
- Why do I like Dividend Aristocrats?
- Avery Dennison Cuts Dividends
- Why do I like Dividend Achievers
- Reinvest Dividends Selectively
Popular Posts
-
As part of my weekly review process, I monitor the list of dividend increases and focus on the companies with at least a ten year history of...
-
I review the list of dividend increases every week, as part of my monitoring process . I usually focus my attention on the companies with a ...
-
I review the list of dividend increases every week, as part of my monitoring process. I usually focus my attention on the companies with a t...
-
I like to study successful investors, as part of my effort to continuously improve on my process. Tom Russo is one such investor. I believe ...
-
I started my website over fourteen years ago in early 2008. During that time I shared my process of looking for and analyzing companies. I d...
-
I enjoy collecting old pieces of information, which aid me in my research. A few years ago, I started collecting old editions of Moody's...
-
Johnson & Johnson (JNJ), together with its subsidiaries, is engaged in the research and development, manufacture, and sale of various pr...
-
I review the list of dividend increases every week, as part of my monitoring process . I usually focus my attention on the companies with a...
-
Johnson & Johnson (JNJ), together with its subsidiaries, is engaged in the research and development, manufacture, and sale of various pr...
-
The goal of every dividend investor is to one day accumulate a portfolio of income producing stocks , which would throw off a large amount o...
