In September 2024, the Dividend Aristocrats, as tracked by the ProShares S&P 500 Dividend Aristocrats ETF (NOBL), demonstrated solid performance but underperformed the broader market, represented by the S&P 500 (SPY), over the past year and year-to-date. Despite this, the Aristocrats’ focus on companies with 25+ years of consecutive dividend increases continues to offer a…
Introduction to Fastenal Company (FAST) Fastenal Company (FAST) is a prominent industrial and construction supply distributor headquartered in the United States. Founded in 1967, Fastenal has grown into a global leader in its industry, providing a wide range of products, including fasteners, safety equipment, tools, and industrial supplies. The company is well-regarded for its innovative…
Walgreens Boots Alliance (WBA), once a staple of the Dividend Aristocrats, lost its coveted status in 2024, signaling a significant shift in the company’s financial priorities. The Dividend Aristocrats list comprises S&P 500 companies that have consistently increased their dividends for 25 consecutive years or more. For Walgreens, breaking this streak marked the end of…
Here are the 2024 changes to the Dividend Aristocrats Index made by S&P Global based on the annual rebalancing results. On January 24th, 2024, Fastenal (FAST) was added to the list while Walgreens Boots Alliance (WBA) was removed, leaving 66 Dividend Aristocrats. Source: S&P News Releases. See all Dividend aristocrats’ changes since 2009.
The Dividend Aristocrats (NOBL) gained 2.76% in July 2023 and underperformed the broader S&P 500 (SPY) for the month The Dividend Aristocrats are a select group of currently 67 S&P 500 stocks with 25+ years of consecutive dividend increases. In the month of July 2023, the performance of the renowned Dividend Aristocrats, as tracked…
Industrial manufacturer 3M Company (MMM) is a Dividend King and Dividend Aristocrat, having raised its dividend for 64 years in a row. However, the company is currently facing a number of uncertainties, including litigation headwinds, global supply chain disruptions, and the lingering effects of the coronavirus pandemic on major industrial manufacturers. Financials: On January 24th,…
Introduction to The J.M. Smucker Company (SJM) J.M. Smucker (SJM) is a leading American food company that produces and markets a wide range of food products, including coffee, pet food, peanut butter, fruit spreads, and baking products. The company was founded in 1897 and has since become a household name in the United States, known…
Introduction to Nordson Corporation (NDSN) Nordson Corporation (NDSN) is a global leader in providing precision technology solutions for a wide range of industries, including adhesives, coatings, sealants, and electronics. The company’s products and services are used in diverse applications, including automotive, packaging, medical devices, and consumer goods. Strengths One of the key strengths of Nordson…
Introduction to C.H. Robinson (CHRW) C.H. Robinson (CHRW) is a leading third-party logistics (3PL) company that provides transportation and logistics services to a wide range of customers across various industries. The company operates in North America, Europe, and Asia, and offers services such as truckload, less-than-truckload, intermodal, ocean, and air freight transportation. C.H. Robinson Worldwide,…
Here are the 2023 changes to the Dividend Aristocrats Index made by S&P Global based on the annual rebalancing results. On January 24th, 2023 CH Robinson Worldwide (CHRW), Nordson (NDSN), and J.M. Smucker (SJM) were added to the Dividend Aristocrats with no deletions, leaving 68 Dividend Aristocrats. Note: On February 7th, V.F. Corp. (VFC) announced…