TGT - 4 Dividend Aristocrats To Buy In May Plus 4 To Watch

2024-05-08 12:04:44 ET

Summary

• "Dividend Aristocrats in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years."--Kiplinger.com/Investing.
• 67 Aristocrats, screened as of May 3, 2024, represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 15%-19.8% topped-by KVUE & SJM.
• By yield, MMM topped-all Aristocrats. Top-ten Yields from ESS, IBM, CVX, KVUE, FRT, TROW, AMCR, BEN, O, & MMM, averaged 4.7%.
• Aristocrats top ten, by broker-estimated target-prices, ABBV, FRYT, XOM, CVX, SYY, MDT, JNJ, KVUE, TGT, and SJM averaged 14.85%.
• $5k invested May 3 in the five top-yield, lowest-priced, Dogs of the Aristocrats showed 13.53% more net-gain than from $5k invested in all the top ten. Little (lower-priced) May S&P500 Dividend Aristocrats led the pack by over one and one-third length.

Foreword

As a supplement to this article, please note that Kiplinger has published an on-line slide-show detailing the latest 2024 S&P Dividend Aristocrats. The article, entitled The S&P 500 Dividend Aristocrats , is by Dan Burrows, a contributing editor.

S&P Dow Jones Indices rebalances the S&P 500 Dividend Aristocrats every January, the Aristocratic population now stands at 67 ....

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