- The Dividend Aristocrats are companies of the S&P 500 that have paid steadily increasing dividends for at least 25 years have outperformed the broader market over time.
- These 66 are large, US companies that have historically provided (slightly) better performance and (slightly) lower volatility than the S&P 500 as a whole.
- In 2022, the Dividend Aristocrats dropped -6.21%, versus -18.11% for the S&P 500 index.
The current 10-years annualized return is 12.9% for the Dividend Aristocrats (NOBL) versus 12.56% for the S&P 500. Below is the historical performance chart of the dividend aristocrats and the benchmark.
Higher total returns with lower volatility are typical characteristics of the Dividend Aristocrats. The Dividend Aristocrats have historically shown smaller draw-downs during recessions versus the S&P 500. For example in 2008 the Dividend Aristocrats Index declined 21.9%, compared to the S&P 500 declined by 37%. Also, in 2002 the dividend aristocrats declined by -9.9% while the S&P 500 showed a negative performance of -22.10%.
In 2022, the Dividend Aristocrats dropped -6.21%, versus -18.11% for the S&P 500 index, which is an outperformance of 11.90%.
The current dividend yield is 2.50% well above the 1.67% for the S&P 500 index.