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 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 :
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.
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