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
-
My retirement strategy is based on living off dividends . A successful retirement strategy is dependent on the asset returns you hold in you...
-
The last two weeks have been a little turbulent. Those tariff news really seem to have spooked markets worldwide. Luckily, we are Dividend ...
-
The stock market has been turbulent the past month or so. As a dividend growth investor, I usually ignore the ups and downs of the market. ...
-
Last week, there were nine companies that raised dividends in the US. Only two of those companies have managed to raise dividends for at lea...
-
“In bear markets, stocks return to their rightful owners.” - J.P. Morgan I love this quote. It summarizes a ton of insights into a simple,...
-
The Procter & Gamble Company (PG) provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Groomin...
-
I was reviewing my old files and re-visited an interesting paper from Standard & Poor's from a few years ago about the importance of...
-
I review the list of dividend increases as part of my monitoring process. There were 15 companies that increased dividends last week. Ten of...
-
I review the list of dividend increases every week as part of my monitoring process. Dividend increases provide signaling value to me in my ...
-
The past few months have been difficult for many investors. Stocks are down from their all time highs, reached just a few months ago. It is ...