TGT - My Best Dividend Aristocrats For July 2024
2024-07-01 07:02:41 ET
Summary
- The ProShares S&P 500 Dividend Aristocrats ETF continues its positive run in 2024, posting a gain of 1.45% in May.
- I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
- After 35 months of tracking these strategies, two strategies are outperforming NOBL, while 1 remain relatively close.
2024 Review
A positive trajectory resumed for the ProShares S&P 500 Dividend Aristocrats ETF ( NOBL ) during the month of May. The ETF posted a modest gain of 1.45% during the month. Albeit some of this optimism has faded in June with the ETF sitting in the red near the end of the month. Year-to-date, through June 26th NOBL is up 2.44%.
Several dividend aristocrats are running at a much faster pace than NOBL in 2024. Let's take a look at which individual aristocrats are driving the ETFs return through month-end May. The following 33 aristocrats are all outperforming NOBL (+3.40% - Jan - May) this year:
| TICKER |
| YTD 24 |
| NEE |
| 32.98% |
| BRO |
| 26.29% |
| WMT |
| 25.99% |
| DOV |
| 20.55% |
| CB |
| 20.23% |
| XOM |
| 19.35% |
| CL |
| 17.99% |
| ECL |
| 17.35% |
| GD |
| 16.63% |
| EMR |
| 16.36% |
| CAT |
| 15.43% |
| CINF |
| 14.42% |
| CHD |
| 13.78% |
| PG |
| 13.72% |
| CTAS |
| 12.96% |
| PNR |
| 12.61% |
| GWW |
| 11.65% |
| S&P |
| 11.30% |
| TGT |
| 11.21% |
| CVX |
| 11.07% |
| KMB |
| 10.78% |
| TROW |
| 10.60% |
| AFL |
| 10.26% |
| AMCR |
| 8.31% |
| KO |
| 7.64% |
| LIN |
| 6.37% |
| MKC |
| 6.14% |
| ABBV |
| 6.06% |
| ESS |
| 5.85% |
| ED |
| 5.83% |
| ADP |
| 5.74% |
| GPC |
| 4.77% |
| IBM |
| 3.96% |