CLX - My Best Dividend Aristocrats For June 2024
2024-05-28 23:37:14 ET
Summary
- The ProShares S&P 500 Dividend Aristocrats ETF hits its first speed bump in April, dropping by 4.69%. Some of this loss has been recovered in May.
- I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
- After 34 months of tracking these strategies, one strategy is outperforming NOBL, while 2 remain relatively close.
2024 Review
The optimistic run for the stock market halts in April as the ProShares S&P 500 Dividend Aristocrats ETF ( NOBL ) slides 4.69%, posting its worst monthly loss since September 2023. Much of this loss was recovered in early May; however, the latter part of the month has not been kind to most dividend aristocrats. Through May 28th (mid-day) NOBL is up only 0.53%. Despite the setback in April, NOBL remains positive year-to-date, +2.46% (1/1/24 - 5/28/24).
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 April. The following 39 aristocrats are all outperforming NOBL (+1.92% - Jan - Apr) this year:
| TICKER |
| YTD 24 |
| XOM |
| 19.41% |
| DOV |
| 16.91% |
| CL |
| 16.67% |
| BRO |
| 14.86% |
| CHD |
| 14.41% |
| ECL |
| 14.29% |
| GPC |
| 14.27% |
| CAT |
| 14.09% |
| TGT |
| 13.85% |
| KMB |
| 13.46% |
| WMT |
| 13.32% |
| PG |
| 12.79% |
| HRL |
| 12.66% |
| CINF |
| 12.59% |
| MKC |
| 11.79% |
| GD |
| 11.70% |
| GWW |
| 11.40% |
| EMR |
| 11.29% |
| NEE |
| 11.29% |
| CB |
| 10.39% |
| CTAS |
| 9.48% |
| PNR |
| 9.44% |
| CVX |
| 9.26% |
| LIN |
| 7.69% |
| ABBV |
| 6.98% |
| FAST |
| 6.10% |
| KO |
| 5.65% |
| CLX |
| 5.43% |
| ED |
| 4.76% |
| ADP |
| 4.44% |
| PEP |
| 4.37% |
| LOW |
| 3.45% |
| SYY |
| 2.97% |
| TROW |
| 2.85% |
| CAH |
| 2.68% |
| IBM |
| 2.53% |
| ATO |
| 2.45% |
| FRT |
| 2.17% |
| AFL |
| 2.04% |