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
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
-
A dividend champion is a company which has a 25 year record of annual dividend increases. There are only 146 such companies in the US toda...
-
Today marks the 18th year of the Dividend Growth Investor blog. I started it on my kitchen table 18 years ago, as a way to share my throught...
-
A dividend king is a company that has managed to increase dividends to shareholders for at least 50 years in a row. There are only 52 such ...
-
Anne Scheiber worked as an auditor for the IRS. She retired at the age of 51 in 1944, and focused on managing her portfolio for the next 51 ...
-
Dividend Capture strategies are gaining popularity among speculators who don’t want to be too exposed to market risk, while also being able...
-
The S&P Dividend Aristocrats index tracks companies in the S&P 500 that have increased dividends every year for at least 25 years ...
-
There has been a lot of buzz recently about the emergence of large trillion dollar companies. It looks like every investor out there wants t...
-
In his book, Stocks for the Long Run, Wharton Professor Jeremy Siegel proves that stocks have been the best performing investing for the pas...
-
Back in May 2007 I had a net worth of $2,000 . I then promptly exchanged most of that networth for an old vehicle so that I can get to wor...
