2024 Dividend Aristocrats Listing | Up to date Each day

Article up to date on January 2nd, 2025 by Bob CiuraSpreadsheet information up to date day by day

The Dividend Aristocrats are a choose group of 66 S&P 500 shares with 25+ years of consecutive dividend will increase.

They’re the ‘better of the most effective’ dividend development shares. The Dividend Aristocrats have a protracted historical past of outperforming the market.

The necessities to be a Dividend Aristocrat are:

Be within the S&P 500
Have 25+ consecutive years of dividend will increase
Meet sure minimal dimension & liquidity necessities

There are at present 66 Dividend Aristocrats. You’ll be able to obtain an Excel spreadsheet of all 66 (with metrics that matter comparable to dividend yields and price-to-earnings ratios) by clicking the hyperlink beneath:

 

Disclaimer: Certain Dividend isn’t affiliated with S&P World in any approach. S&P World owns and maintains The Dividend Aristocrats Index. The data on this article and downloadable spreadsheet relies on Certain Dividend’s personal overview, abstract, and evaluation of the S&P 500 Dividend Aristocrats ETF (NOBL) and different sources, and is supposed to assist particular person buyers higher perceive this ETF and the index upon which it’s based mostly. Not one of the info on this article or spreadsheet is official information from S&P World. Seek the advice of S&P World for official info.

Be aware 1: On January twenty fourth, 2024, Fastenal (FAST) was added to the record whereas Walgreens Boots Alliance (WBA) was eliminated, leaving 66 Dividend Aristocrats.

Supply: S&P Information Releases.

You’ll be able to see detailed evaluation on all 66 additional beneath on this article, in our Dividend Aristocrats In Focus Collection. Evaluation consists of valuation, development, and aggressive benefit(s).

Desk of Contents

The best way to Use The Dividend Aristocrats Listing To Discover Dividend Funding Concepts

The downloadable Dividend Aristocrats Excel Spreadsheet Listing above incorporates the next for every inventory within the index:

Worth-to-earnings ratio
Dividend yield
Market capitalization

All Dividend Aristocrats are high-quality companies based mostly on their lengthy dividend histories. An organization can’t pay rising dividends for 25+ years with out having a powerful and sturdy aggressive benefit.

However not all Dividend Aristocrats make equally good investments right this moment. That’s the place the spreadsheet on this article comes into play. You should use the Dividend Aristocrats spreadsheet to rapidly discover high quality dividend funding concepts.

The record of all 66 Dividend Aristocrats is efficacious as a result of it offers you a concise record of all S&P 500 shares with 25+ consecutive years of dividend will increase (that additionally meet sure minimal dimension and liquidity necessities).

These are companies which have each the need and skill to pay shareholders rising dividends year-after-year. It is a uncommon mixture.

Collectively, these two standards are highly effective – however they aren’t sufficient. Worth have to be thought-about as effectively.

The spreadsheet above permits you to type by trailing price-to-earnings ratio so you’ll be able to rapidly discover undervalued, high-quality dividend shares.

Right here’s easy methods to use the Dividend Aristocrats record to rapidly discover high-quality dividend development shares probably buying and selling at a reduction:

Obtain the record
Type by ‘Trailing PE Ratio,’ smallest to largest
Analysis the highest shares additional

Right here’s how to do that rapidly within the spreadsheet:

Step 1: Obtain the record, and open it.

Step 2: Apply a filter perform to every column within the spreadsheet.

Step 3: Click on on the small grey down arrow subsequent to ‘Trailing P/E Ratio’, after which type smallest to largest.

Step 4: Assessment the best ranked Dividend Aristocrats earlier than investing. You’ll be able to see detailed evaluation on each Dividend Aristocrat discovered beneath on this article.

That’s it; you’ll be able to comply with the identical process to type by every other metric within the spreadsheet.

Efficiency Of The Dividend Aristocrats

In December 2024, the Dividend Aristocrats, as measured by the Dividend Aristocrats ETF (NOBL), registered a unfavourable return of seven.7%. It under-performed the SPDR S&P 500 ETF (SPY) for the month.

NOBL generated returns of -7.7% in December 2024
SPY generated returns of -2.4% in December 2024

Quick-term efficiency is usually noise. Efficiency needs to be measured over a minimal of three years, and ideally longer durations of time.

The Dividend Aristocrats Index has barely under-performed the broader market index over the past decade, with a 9.38% whole annual return for the Dividend Aristocrats and a 13.01% whole annual return for the S&P 500 Index.

However the Dividend Aristocrats have exhibited decrease danger than the benchmark, as measured by normal deviation.

Supply: S&P Reality Sheet

Greater whole returns with decrease volatility is the ‘holy grail’ of investing. It’s price exploring the traits of the Dividend Aristocrats intimately to find out why they’ve carried out so effectively.

Be aware {that a} good portion of the outperformance relative to the S&P 500 comes throughout recessions (2000 – 2002, 2008). Dividend Aristocrats have traditionally seen smaller drawdowns throughout recessions versus the S&P 500. This makes holding by means of recessions that a lot simpler.

Case-in-point: In 2008 the Dividend Aristocrats Index declined 22%. That very same yr, the S&P 500 declined 38%.

Nice companies with sturdy aggressive benefits have a tendency to have the ability to generate stronger money flows throughout recessions. This permits them to realize market share whereas weaker companies battle to remain alive.

The Dividend Aristocrats Index has overwhelmed the market over the past 28 years…

We imagine dividend paying shares outperform non-dividend paying shares for 3 causes:

An organization that pays dividends is more likely to be producing earnings or money flows in order that it could possibly pay dividends to shareholders. This excludes ‘pre-earnings’ start-ups and failing companies. In brief, it excludes the riskiest shares.
A enterprise that pays constant dividends have to be extra selective with the expansion tasks it takes on as a result of a portion of its money flows are being paid out as dividends. Scrutinizing over capital allocation choices probably provides to shareholder worth.
Shares that pay dividends are keen to reward shareholders with money funds. It is a signal that administration is shareholder pleasant.

In our view, Dividend Aristocrats have traditionally outperformed the market and different dividend paying shares as a result of they’re, on common, higher-quality companies.

A high-quality enterprise ought to outperform a mediocre enterprise over a protracted time frame, all different issues being equal.

For a enterprise to extend its dividends for 25+ consecutive years, it will need to have or not less than had within the very latest previous a powerful aggressive benefit.

Sector Overview

A sector breakdown of the Dividend Aristocrats Index is proven beneath:

The Dividend Aristocrats Index is tilted towards Shopper Staples and Industrials relative to the S&P 500. These 2 sectors make up over 40% of the Dividend Aristocrats Index, however lower than 20% of the S&P 500.

The Dividend Aristocrats Index can also be considerably underweight the Data Know-how sector, with a ~3% allocation in contrast with over 20% allocation throughout the S&P 500.

The Dividend Aristocrat Index is full of secure ‘previous economic system’ blue chip shopper merchandise companies and producers; the Coca-Cola’s (KO), and Johnson & Johnson’s (JNJ) of the investing world.

These ‘boring’ companies aren’t more likely to generate 20%+ earnings-per-share development, however additionally they are not possible to see giant earnings drawdowns as effectively.

The ten Greatest Dividend Aristocrats Now

This analysis report examines the ten greatest Dividend Aristocrats from our Certain Evaluation Analysis Database with the best 5-year ahead anticipated whole returns.

Dividend Aristocrat #10: Stanley Black & Decker (SWK)

5-year Anticipated Annual Returns: 11.9%

Stanley Black & Decker is a world chief in energy instruments, hand instruments, and associated gadgets. The corporate holds the highest world place in instruments and storage gross sales.

It’s second on this planet within the areas of economic digital safety and engineered fastening. The corporate consists of three segments: instruments & outside, and industrial.

Supply: Investor Presentation

On October twenty ninth, 2024, Stanley Black & Decker reported third quarter outcomes. For the quarter, income declined 5.1% to $3.75 billion, which was $50 million beneath estimates. Adjusted earnings-per-share of $1.22 in contrast favorably to $1.05 within the prior yr and was $0.17 higher than anticipated.

Firm-wide natural development decreased 2% following a slight enchancment in Q2 2024. Natural gross sales for Instruments & Outside, the most important section throughout the firm, was down 2% as features in Europe and the Remainder of the World had been offset by weaker North American outcomes.

Click on right here to obtain our most up-to-date Certain Evaluation report on SWK (preview of web page 1 of three proven beneath):

Dividend Aristocrat #9: Johnson & Johnson (JNJ)

5-year Anticipated Annual Returns: 12.1%

Johnson & Johnson was based in 1886 and has reworked into one of many largest corporations on this planet. Johnson & Johnson is a mega-cap inventory. The corporate generates annual gross sales above $99 billion.

Johnson & Johnson operates a diversified enterprise mannequin, permitting it to enchantment to all kinds of shoppers throughout the healthcare sector. J&J now operates two segments, prescription drugs and medical gadgets, after spinning off its shopper well being franchises.

Johnson & Johnson reported third-quarter 2024 gross sales development of 5.2%, reaching $22.5 billion, with operational development of 6.3%.

Supply: Investor Presentation

Nonetheless, earnings per share (EPS) decreased by 34.3%, largely on account of a one-time particular cost and purchased in-process analysis and improvement (IPR&D).

Adjusted EPS fell 9.0% to $2.42, pushed by the identical IPR&D affect. The corporate made vital developments, together with approvals for therapies like TREMFYA and RYBREVANT, and the submission of a brand new normal surgical procedure robotic system, OTTAVA.

Click on right here to obtain our most up-to-date Certain Evaluation report on JNJ (preview of web page 1 of three proven beneath):

Dividend Aristocrat #8: Archer Daniels Midland (ADM)

5-year Anticipated Annual Returns: 12.8%

Archer-Daniels-Midland is the most important publicly traded farmland product firm in america. Archer-Daniels-Midland’s companies embrace processing cereal grains, oilseeds, and agricultural storage and transportation.

Archer-Daniels-Midland reported its third-quarter outcomes for Fiscal 12 months (FY) 2024 on November 18th, 2024. The corporate reported adjusted internet earnings of $530 million and adjusted EPS of $1.09, each down from the prior yr on account of a $461 million non-cash cost associated to its Wilmar fairness funding.

Consolidated money flows year-to-date reached $2.34 billion, reflecting sturdy operations regardless of market challenges.

Click on right here to obtain our most up-to-date Certain Evaluation report on ADM (preview of web page 1 of three proven beneath):

Dividend Aristocrat #7: Sysco Company (SYY)

5-year Anticipated Annual Returns: 12.9%

Sysco Company is the most important wholesale meals distributor in america. The corporate serves 600,000 areas with meals supply, together with eating places, hospitals, faculties, inns, and different services.

Supply: Investor Presentation

On October thirty first, 2024, Sysco reported first-quarter outcomes for Fiscal 12 months (FY) 2025. Quarterly gross sales elevated by 2.6% year-over-year to $19.6 billion, pushed by a 1.6% development in U.S. Foodservice quantity.

Gross revenue rose 4.6% to $3.6 billion, supported by efficient administration of product value inflation and strategic sourcing initiatives.

Working earnings improved by 9.1% to $803.6 million, whereas adjusted working earnings grew 10.6% to $854.3 million.

The corporate returned $352.9 million to shareholders by means of share repurchases and dividends, aiming for a complete shareholder return of $1.75 billion in FY 2024.

Click on right here to obtain our most up-to-date Certain Evaluation report on SYY (preview of web page 1 of three proven beneath):

Dividend Aristocrat #6: Medtronic plc (MDT)

5-year Anticipated Annual Returns: 13.1%

Medtronic is the most important producer of biomedical gadgets and implantable applied sciences on this planet. It serves physicians, hospitals, and sufferers in additional than 150 international locations and has over 90,000 staff.

Medtronic has 4 working segments: Cardiovascular, Medical Surgical, Neuroscience and Diabetes. Medtronic has raised its dividend for 46 consecutive years.

In mid-November, Medtronic reported (11/19/24) outcomes for the second quarter of fiscal 2025. Natural income grew 5% over the prior yr’s quarter because of broad-based development in all of the 4 segments. Earnings-per-share grew 1%, from $1.25 to $1.26, and exceeded the analysts’ consensus by $0.01.

As Medtronic carried out barely higher than anticipated within the second quarter, it marginally raised its steering for fiscal 2025. It expects 4.75%-5.0% natural income development and raised its steering for earnings-per-share from $5.42-$5.50 to $5.44-$5.50.

Click on right here to obtain our most up-to-date Certain Evaluation report on MDT (preview of web page 1 of three proven beneath):

Dividend Aristocrat #5: Hormel Meals (HRL)

5-year Anticipated Annual Returns: 13.2%

Hormel Meals is a juggernaut within the meals merchandise business with practically $10 billion in annual income. It has a big portfolio of category-leading manufacturers. Only a few of its high manufacturers embrace embrace Skippy, SPAM, Applegate, Justin’s, and greater than 30 others.

It has additionally pursued acquisitions to drive development. For instance, in 2021, Hormel acquired the Planters snack nuts enterprise from Kraft-Heinz (KHC) for $3.35 billion, which has boosted Hormel’s development.

Supply: Investor Presentation

Hormel Meals Company reported sturdy Q3 fiscal 2024 outcomes, with internet gross sales of $2.9 billion and adjusted working earnings of $267 million, exceeding expectations.

Key drivers included sturdy performances in retail manufacturers and worldwide markets, supported by ongoing enhancements from the corporate’s modernization initiatives.

The corporate posted diluted earnings per share of $0.32 ($0.37 adjusted) and a money move from operations of $218 million.

Click on right here to obtain our most up-to-date Certain Evaluation report on Hormel (preview of web page 1 of three proven beneath):

Dividend Aristocrat #4: Becton, Dickinson & Co. (BDX)

5-year Anticipated Annual Returns: 13.5%

Becton, Dickinson & Co. is a worldwide chief within the medical provide business. The corporate was based in 1897 and has 75,000 staff throughout 190 international locations.

The corporate generates about $20 billion in annual income, with roughly 43% of revenues coming from exterior of the U.S.

BDX reported outcomes for the fourth quarter and monetary yr 2024, which ended September thirtieth, 2024. For the quarter, income grew 6.9% to $5.44 billion, which was $57 million greater than anticipated.

Supply: Investor Presentation

On a forex impartial foundation, income improved 7.4%. Adjusted earnings-per-share of $3.81 in contrast favorably to $3.42in the prior yr and was $0.04 forward of estimates.

For the fiscal yr, income grew 4.2% to $20.2 billion whereas adjusted earnings-per-share of $13.14 in comparison with $12.21 within the prior yr.

Click on right here to obtain our most up-to-date Certain Evaluation report on BDX (preview of web page 1 of three proven beneath):

Dividend Aristocrat #3: Nordson Company (NDSN)

5-year Anticipated Annual Returns: 14.3%

Nordson was based in 1954 in Amherst, Ohio by brothers Eric and Evan Nord, however the firm can hint its roots again to 1909 with the U.S. Computerized Firm.

As we speak the corporate has operations in over 35 international locations and engineers, manufactures, and markets merchandise used for meting out adhesives, coatings, sealants, biomaterials, plastics, and different supplies, with functions starting from diapers and straws to cell telephones and aerospace.

Supply: Investor Presentation

On August 14th, 2024, Nordson elevated its dividend by 15% to $0.78 per share quarterly, marking 61 years of will increase.

On August twenty first, 2024, Nordson reported third quarter outcomes for the interval ending July thirty first, 2024. (Nordson’s fiscal yr ends October thirty first.) For the quarter, the corporate reported gross sales of $662 million, 2% greater in comparison with $649 million in Q3 2023, which was pushed by a optimistic acquisition affect, and offset by natural lower of 1%.

The Industrial Precision noticed gross sales enhance by 9.6%, whereas the Medical and Fluid Options and Superior Know-how Options section had gross sales declines of (2.4%) and (10.9%), respectively.

The corporate generated adjusted earnings per share of $2.41, a 6% lower in comparison with the identical prior yr interval.

Click on right here to obtain our most up-to-date Certain Evaluation report on NDSN (preview of web page 1 of three proven beneath):

Dividend Aristocrat #2: PepsiCo Inc. (PEP)

5-year Anticipated Annual Returns: 14.3%

PepsiCo is a worldwide meals and beverage firm that generates $89 billion in annual gross sales. The corporate’s merchandise embrace Pepsi, Mountain Dew, Frito-Lay chips, Gatorade, Tropicana orange juice and Quaker meals.

Its enterprise is break up roughly 60-40 by way of meals and beverage income. It is usually balanced geographically between the U.S. and the remainder of the world.

Supply: Investor Presentation

On October eighth, 2024, PepsiCo reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income fell 0.5% to $23.3 billion, which was $460 million beneath estimates.

Adjusted earnings-per-share of $2.31 in contrast favorably to $1.97 the prior yr and was $0.02 forward of expectations. Foreign money alternate diminished income and earnings-per-share by ~2%.

Natural gross sales improved 1.3% for the second quarter and 1.9% year-to-date. Volumes for each meals and beverage had been down 2%.

PepsiCo Drinks North America’s income as soon as once more grew 1% organically as greater costs greater than offset a 3% decline in quantity.

Click on right here to obtain our most up-to-date Certain Evaluation report on PEP (preview of web page 1 of three proven beneath):

Dividend Aristocrat #1: PPG Industries (PPG)

5-year Anticipated Annual Returns: 15.6%

PPG Industries is the world’s largest paints and coatings firm. Its solely rivals of comparable dimension are Sherwin-Williams and Dutch paint firm Akzo Nobel.

On October sixteenth, 2024, PPG Industries reported third quarter outcomes for the interval ending September thirtieth, 2024. For the quarter, income fell 1.5% to $4.57 billion, which was $90 million lower than anticipated.

The corporate generates annual income of about $18.2 billion.

Supply: Investor Presentation

Adjusted internet earnings of $500 million, or $2.13 per share, in contrast favorably to adjusted internet earnings of $493 million, or $2.07 per share, within the prior yr. Adjusted earnings-per-share was $0.02 beneath estimates.

Third quarter natural income development was as soon as once more flat in comparison with the prior yr. Efficiency Coatings income of $2.921 billion was up 1% from the identical interval of 2023. Greater volumes (+2%) and promoting costs (+1%) had been partially offset by divestitures (-1%) and a headwind from international forex alternate (-1%).

Click on right here to obtain our most up-to-date Certain Evaluation report on PPG (preview of web page 1 of three proven beneath):

The Dividend Aristocrats In Focus Evaluation Collection

You’ll be able to see evaluation on each single Dividend Aristocrat beneath. Every is sorted by GICS sectors and listed in alphabetical order by identify. The latest Certain Evaluation Analysis Database report for every safety is included as effectively.

Shopper Staples

Industrials

Well being Care

Shopper Discretionary

Financials

Supplies

Power

Data Know-how

Actual Property

Utilities

Historic Dividend Aristocrats Listing(1989 – 2024)

The picture beneath reveals the historical past of the Dividend Aristocrats Index from 1989 by means of 2023:

Be aware: CL, GPC, and NUE had been all eliminated and re-added to the Dividend Aristocrats Index by means of the historic interval analyzed above. We’re uncertain as to why. Firms created through a spin-off (like AbbVie) will be Dividend Aristocrats with lower than 25 years of rising dividends if the father or mother firm was a Dividend Aristocrat.

Disclaimer: Certain Dividend isn’t affiliated with S&P World in any approach. S&P World owns and maintains The Dividend Aristocrats Index. The data on this article and downloadable spreadsheet and picture beneath relies on Certain Dividend’s personal overview, abstract, and evaluation of the S&P 500 Dividend Aristocrats ETF (NOBL) and different sources, and is supposed to assist particular person buyers higher perceive this ETF and the index upon which it’s based mostly. Not one of the info on this article or spreadsheet is official information from S&P World. Seek the advice of S&P World for official info.

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This info was compiled from the next sources:

Steadily Requested Questions

This part will deal with a few of commonest questions buyers have concerning the Dividend Aristocrats.

1. What’s the highest-paying Dividend Aristocrat?

Reply: Franklin Assets (BEN) at present yields 6.3%.

2. What’s the distinction between the Dividend Aristocrats and the Dividend Kings?

Reply: The Dividend Aristocrats have to be constituents of the S&P 500 Index, have raised their dividends for not less than 25 consecutive years, and fulfill various liquidity necessities.

The Dividend Kings solely must have raised their dividends for not less than 50 consecutive years.

3. Is there an ETF that tracks the Dividend Aristocrats?

Reply: Sure, the Dividend Aristocrats ETF (NOBL) is an exchange-traded fund that particularly holds the Dividend Aristocrats.

4. What’s the distinction between the Dividend Aristocrats and the Dividend Champions?

Reply: The Dividend Aristocrats and Dividend Champions share one requirement, which is that an organization will need to have raised its dividend for not less than 25 consecutive years.

However just like the Dividend Kings, the Dividend Champions don’t must be within the S&P 500 Index, nor fulfill the varied liquidity necessities.

5. Which Dividend Aristocrat has the longest energetic streak of annual dividend will increase?

At the moment, there are 3 Dividend Aristocrats tied at 67 years: Procter & Gamble, Real Elements, and Dover Company.

6. What’s the common dividend yield of the Dividend Aristocrats?

Proper now, the typical dividend yield of the Dividend Aristocrats is 2.0%.

7. Are the Dividend Aristocrats protected investments?

Whereas there are by no means any ensures in the case of the inventory market, we imagine the Dividend Aristocrats are among the many most secure dividend shares in the case of the sustainability of their dividend payouts.

The Dividend Aristocrats have sturdy aggressive benefits that enable them to lift their dividends annually, even throughout a recession.

Different Dividend Lists & Remaining Ideas

The Dividend Aristocrats record isn’t the one method to rapidly display for shares that often pay rising dividends.

The Dividend Kings Listing is much more unique than the Dividend Aristocrats. It’s comprised of 54 shares with 50+ years of consecutive dividend will increase.
The Blue Chip Shares Listing: shares that qualify as Dividend Achievers, Dividend Aristocrats, and/or Dividend Kings
The Excessive Dividend Shares Listing: shares that enchantment to buyers within the highest yields of 5% or extra.
The Month-to-month Dividend Shares Listing: shares that pay dividends each month, for 12 dividend funds per yr.

There’s nothing magical in regards to the Dividend Aristocrats. They’re ‘simply’ a set of high-quality shareholder pleasant shares which have sturdy aggressive benefits.

Buying these kind of shares at honest or higher costs and holding for the long-run will probably end in favorable long-term efficiency.