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In this article, I use a slightly modified version of David Van Knapp's quality scoring system to rank all the Dividend Aristocrats. The system employs five widely used quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 25 points.
I love the simplicity of the quality scoring system and I believe it does a remarkable job of identifying high-quality stocks. It is quite stringent, so stocks scoring 20-25 points would be considered high-quality stocks by many investors.
Of the 57 Dividend Aristocrats, no fewer than 39 have quality scores in the 20-25 range, and only three stocks of the remaining stocks have quality scores below 15 points. These truly are high-quality stocks!