Sunday, December 06, 2009

Big Changes For Dividend Aristocrats Index in 2010

On Friday, Standard & Poor's announced the changes to its Dividend Aristocrats for the coming year. According to S&P,
The S&P 500 Dividend Aristocrats Index is designed to measure the performance of S&P 500 constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 years. The index is equal-weighted, with constituents being re-weighted every quarter. Membership is reviewed each December.
The two additions are:
The following ten companies will be removed from the Aristocrats list:
  • Avery Dennison (AVY)
  • BB&T Corp (BBT)
  • Gannett (GCI)
  • General Electric (GE)
  • Johnson Controls (JCI)
  • Legg Mason (LM)
  • M&T Bank (MTB)
  • Pfizer (PFE)
  • State Street (STT)
  • US Bancorp (USB)
The annual rebalancing will take effect at the close of business on December 18, 2009.

Source: Standard & Poor's

1 comment :

TopYields said...

Thanks for this update.

I will update the Top list of the highest dividend yielding S&P 500 Dividend Aristocrats 2010 today, no use in keeping dividend cutters in the list.

Keep up the good work.