tag:blogger.com,1999:blog-36722043.post7111791641111687122..comments2023-06-08T06:59:14.045-04:00Comments on HORAN Capital Advisors Blog: Stocks At Risk Of Removal In S&P 500 Index/Dividend Aristocrats IndexDavid Templeton, CFAhttp://www.blogger.com/profile/08782216535717865701noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-36722043.post-40834636008583261932008-06-24T17:49:00.000-04:002008-06-24T17:49:00.000-04:00I do not intend the list to represent stocks that ...I do not intend the list to represent stocks that will be eliminated. I only provide the list so investors are aware of the stocks that are at the low end of the market capitalization ranking. I would say though, that LEG's mrket cap puts it in the midcap range.<BR/><BR/>DavidDavid Templeton, CFAhttps://www.blogger.com/profile/08782216535717865701noreply@blogger.comtag:blogger.com,1999:blog-36722043.post-31363686410910483472008-06-24T05:40:00.000-04:002008-06-24T05:40:00.000-04:00Do you really think that LEG will be removed from ...Do you really think that LEG will be removed from the S&P 500 when that removal will mean removal of an an Aristocrat with a 37 year history of dividend increases at a +14% growth rate? If you look at LEG's price history - http://chart.finance.yahoo.com/c/my/l/leg ,it appears that it's barely been over $30. At 166.3 mil shares outstanding, that's a max market cap of $4.9899 Bil.<BR/><BR/>If you look at page 6 of the S&P U.S. INDICES INDEX METHODOLOGY (http://tinyurl.com/6d5odv), it's clear that the selection committee has discretion: "Standard & Poor’s believes turnover in index membership should be avoided when possible. At times a company may appear to temporarily violate one or more of the addition criteria. However, the addition criteria are for addition to an index, not for continued membership. As a result, an index constituent that appears to violate criteria for addition to that index will not be deleted unless ongoing conditions warrant an index change. When a company is removed from an index, Standard & Poor’s will explain the basis for the removal."<BR/><BR/>I would be very surprised if LEG is deleted from the S&P 500Anonymousnoreply@blogger.com