- The Dividend Aristocrats gained 0.34% in May 2022 and outperformed the broader S&P 500 which gained only 0.18%.
- The Dividend Aristocrats are a select group of currently 65 S&P 500 stocks with 25+ years of consecutive dividend increases.
- By showing the recent performance of the Dividend Aristocrats, some active dividend growth investors may be able to identify relative bargains.
The S&P 500 index (SPY) U.S. equities continued to suffer in May, as inflation concerns along with Fed rate hikes weighed on markets. Driven by a comeback in the final week of the month, the S&P 500 posted a slight gain of 0.2%.
Year-to-date the Dividend Aristocrats are down -5.87% outperforming the S&P 500 index. The S&P 500 is down -12.76% for the year.
Historical Performance
The current 10-years annualized return is 13.7% for the Dividend Aristocrats (NOBL) versus 13.7% for the S&P 500.
Good to keep in mind that over a time period of 30 years and multiple recessions, the dividend aristocrats strategy has outperformed the S&P 500 by nearly 2% per year.
The current dividend yield is 2.25% well above the 1.50% for the S&P 500 index.
