In brief:
- Dow-30 finished up nearly 3% on Monday, or 835 points after the Pfizer (PFE) vaccine announcement
- Pfizer (PFE) said its Covid-19 vaccine is 90% effective
- The Dividend Aristocrats are a select group of currently 65 S&P 500 stocks with 25+ years of consecutive dividend increases.
- ProShares S&P 500 Dividend Aristocrats ETF (NOBL) jumped 5.3% the last three days
The Dow Jones 30 soared more than 1500 points last Monday morning after Pfizer announces great news about its vaccine and Joe Biden declared victorious. The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) jumped from a NAV of $74.84 on 11/06/20 to $78.82 on 11/11/20, resulting in an increase of 5.3%.
Dividend Aristocrats stocks active in the sectors Real Estate and Financial Services gained the most, while the companies which outperformed the market during COVID-19 are the laggards. Examples of laggards are Lowe’s Companies (LOW) and Clorox (CLX).
The table below lists each dividend aristocrat and related price performance between 11/6 and 11/11/2020.
