Tuesday, January 29, 2008

Dividend Aristocrats Performance Update: January 29, 2008

It has been several months since updating the performance of the Standard & Poor's dividend aristocrats. Given all the news surrounding sub prime loans and the housing market more broadly, one would think financials are the leading underformers. In fact, not one financial stock is listed in the bottom ten performing aristocrats for the 3-month period ending January 29, 2008. Admittedly, a number of financials have generated strong price performance in the month of January; thus, reducing the extent of the underperformance in some financial stocks.

The 3-month period is chosen since this captures a large part of the market's decline. During this time period, the S&P 500 Index is down 11.3% and the NASDAQ Index is down 15.9%. The aristocrats generated a negative return of 10.1%.

(click on table for larger image)

s&p dividend aristocrats performance January 29, 2008


John said...

NickPick alert: You state that the DA portfolio generated a negative -10.1% return. So was that then a positive return of 10.1% You didn't include the (-) for the NASDAQ and S&P values so I was just wondering.

David Templeton, CFA said...


Good catch. A late night post and heavy fingers. I made the correction.