Friday, September 21, 2007

Dividend Aristocrats Generally Keep Pace With Market: Week Ending 9.21.2007

Certainly an interesting week with the Fed lowering both the Fed Funds Rate and the Discount Rate by 50 basis points on Tuesday. The Fed's action added fuel to the fire and propelled the market higher on the week. Standard & Poor's Dividend Aristocrats generally kept pace with the market on the week.

S&P dividend aristocrats performance summary. Week ending September 21, 2007
The weakest performing Aristocrats tended to fall into the financial and discretionary sectors. The defensive sectors: staples, health care and financials did underperform the overall market.

(click on table for larger image)

dividend aristocrats performance summary September 21, 2007
sector performance S&P 500 index week ending September 21, 2007

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