January 2022 Dividend Kings & Aristocrats
Dec 12, 2022 17:48:06 GMT
miamianne67, icemandios, and 1 more like this
Post by Uncle on Dec 12, 2022 17:48:06 GMT
ShoutBox - lookingforatenbagger: For those contemplating "the 5 post rule" to maintain membership, there are many other stocks which can be addressed. In today's market I am especially interested in safe dividend stocks if one is looking for a topic.
U.S. News & World Report
2022's Dividend Aristocrats List: All 65 Stocks
The Dividend Aristocrats are companies in the S&P 500 Index that have raised their payouts for at least 25 consecutive years.
The list is current through January 2022.
Recent Additions and Subtractions
Although the total number of dividend aristocrats remained stagnant at 65 between the annual reconstitutions in 2021 and and 2022, there are actually two new members of the index, as well as two recent departures.
Here are the two newest dividend aristocrats:
Brown & Brown. Although insurance broker Brown & Brown has raised its dividend for 28 straight years, it qualified for the elite list only when it was finally added to the S&P 500 in September 2021.
The company joins the ranks of dividend aristocrats at an auspicious time for insurance stocks, which are poised to become more profitable as rising interest rates help them earn more money on their conservative investments.
Church & Dwight. Although it has already announced a dividend hike that will bring its streak to 26 years of higher dividends, Church & Dwight logged its 25th straight year of dividend increases in 2021 – it just did so too late to be added to the annually reconstituted dividend aristocrats list last year.
If the consumer staples giant doesn't ring a bell, some of its many brands will. Brands include OxiClean, Trojan, Arm & Hammer and Orajel, among others.
And because all things must come to an end, here are the two stocks that recently left the dividend aristocrats index:
AT&T Inc. (T). Telecom giant AT&T was a long-standing member of the illustrious dividend aristocrats list, having hiked its dividend for over 35 consecutive years. It was an impressive member of the list, too, with a dividend yield that exceeded 8% at times, regularly clocking in as the highest-yielding stock on the list.
Alas, AT&T is spinning off its Warner Media division and is cutting its dividend per share in conjunction with the spin, which will meaningfully reduce free cash flow for AT&T.
Leggett & Platt Inc. (LEG). Carthage, Missouri-based furnishings and fixtures company Leggett & Platt is an old-school American company, founded in 1883. It also was one of the most distinguished dividend aristocrats, having reliably increased payments for 50 straight years.
Unfortunately, LEG stock had been losing value in 2021, and was replaced in the S&P 500 index in late 2021, immediately disqualifying it from the above list.
U.S. News & World Report
2022's Dividend Aristocrats List: All 65 Stocks
The Dividend Aristocrats are companies in the S&P 500 Index that have raised their payouts for at least 25 consecutive years.
The list is current through January 2022.
Recent Additions and Subtractions
Although the total number of dividend aristocrats remained stagnant at 65 between the annual reconstitutions in 2021 and and 2022, there are actually two new members of the index, as well as two recent departures.
Here are the two newest dividend aristocrats:
Brown & Brown. Although insurance broker Brown & Brown has raised its dividend for 28 straight years, it qualified for the elite list only when it was finally added to the S&P 500 in September 2021.
The company joins the ranks of dividend aristocrats at an auspicious time for insurance stocks, which are poised to become more profitable as rising interest rates help them earn more money on their conservative investments.
Church & Dwight. Although it has already announced a dividend hike that will bring its streak to 26 years of higher dividends, Church & Dwight logged its 25th straight year of dividend increases in 2021 – it just did so too late to be added to the annually reconstituted dividend aristocrats list last year.
If the consumer staples giant doesn't ring a bell, some of its many brands will. Brands include OxiClean, Trojan, Arm & Hammer and Orajel, among others.
And because all things must come to an end, here are the two stocks that recently left the dividend aristocrats index:
AT&T Inc. (T). Telecom giant AT&T was a long-standing member of the illustrious dividend aristocrats list, having hiked its dividend for over 35 consecutive years. It was an impressive member of the list, too, with a dividend yield that exceeded 8% at times, regularly clocking in as the highest-yielding stock on the list.
Alas, AT&T is spinning off its Warner Media division and is cutting its dividend per share in conjunction with the spin, which will meaningfully reduce free cash flow for AT&T.
Leggett & Platt Inc. (LEG). Carthage, Missouri-based furnishings and fixtures company Leggett & Platt is an old-school American company, founded in 1883. It also was one of the most distinguished dividend aristocrats, having reliably increased payments for 50 straight years.
Unfortunately, LEG stock had been losing value in 2021, and was replaced in the S&P 500 index in late 2021, immediately disqualifying it from the above list.
