These companies have largely withstood the test of time and also have strong 'Dividend Safety Scores'
Dividend aristocrats have a cult-like following among income
investors, and for good reason. To be a dividend aristocrat, a company must be
a member of the S&P 500 Index and have paid higher dividends for
25 consecutive years.
Businesses that have rewarded shareholders with rising
dividends over the course of several decades tend to generate dependable cash
flow, operate in large and growing markets, and be managed very conservatively.
As a result, dividend aristocrats have outperformed the
S&P 500 by about 3% annually over the past decade, while also recording
less volatility. Even during the worst of times, when the S&P lost 37%
in 2008, the dividend aristocrats only lost 22%.
Investors can view data on the complete list of
dividend aristocrats here.
In this article, we identified nine of the highest-yielding
dividend aristocrats that investors may want to consider for income.
These companies have largely withstood the test of time and
also have strong Dividend Safety Scores, a metric created by Simply Safe
Dividends to assess how secure a company’s current payout is.
Since inception, Dividend Safety Scores have flagged over
98% of dividend cuts before they occurred, providing predictive
value. Investors can learn more
about Dividend Safety Scores here. Let’s review nine of the
highest-yielding dividend aristocrats that have passed the test.
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