Finance:Dividend aristocrat
A dividend aristocrat commonly refers to a company that is a member of the S&P 500 index and has increased its dividend for at least twenty-five consecutive years.[1][2][3] This core definition is consistent with that of the S&P 500 Dividend Aristocrats. However, there are also different definitions. For example, the S&P MidCap 400 Dividend Aristocrats Index is composed of companies in the S&P MidCap 400 that have increased dividends for fifteen consecutive years.[4]
History
The first dividend aristocrat list was published in 1989, with twenty-six companies listed. The continuous increase in the dividend over twenty-five years is a quality feature, especially for long-term oriented investors.[2]
Dividend Heroes
In some cases, such as City of London Investment Trust, Caledonia Investments, Bankers Investment Trust and Alliance Trust, the dividend has been increased for 57 years.[5]
See also
- Dividend yield
- S&P 500 Dividend Aristocrats
- S&P Europe 350 Dividend Aristocrats
References
- ↑ [1] "Definition of Dividend Aristocrat"]. Investopedia. https://www.investopedia.com/terms/d/dividend-aristocrat.asp].
- ↑ 2.0 2.1 Staff, Motley Fool (16 June 2016). "What Is a Dividend Aristocrat? -- The Motley Fool". The Motley Fool. https://www.fool.com/knowledge-center/what-is-a-dividend-aristocrat.aspx.
- ↑ McCullum, Nick (24 November 2018). "Insure Your Portfolio With This 'Dividend Aristocrat'". RealMoney. https://realmoney.thestreet.com/investing/stocks/insure-your-portfolio-with-this-dividend-aristocrat--14789291.
- ↑ "S&P MidCap 400 Dividend Aristocrats". S&P Dow Jones Indices. https://www.spglobal.com/spdji/en/indices/strategy/sp-midcap-400-dividend-aristocrats/. Retrieved 8 December 2020.
- ↑ "Dividend Heroes | the AIC". https://www.theaic.co.uk/income-finder/dividend-heroes.
