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Tuesday, May 31, 2022

The Dividend Aristocrats Ranked By Quality Scores

This article ranks the Dividend Aristocrats using DVK Quality Snapshots and provides updated key metrics, quality indicators, and valuations. Additionally, I provide a downloadable spreadsheet with fundamental and added value data for all Dividend Aristocrats.

The last time I covered the Dividend Aristocrats, there were 65 constituents. 

In December 2021, Leggett & Platt (LEG) was dropped from the S&P 500 and automatically removed from the list of Dividend Aristocrats. Then, on January 24, 2022, the S&P Dow Jones Indices announced the annual rebalancing results for the S&P 500 Dividend Aristocrats Index, adding Brown & Brown (BRO) and Church & Dwight (CHD) and deleting AT&T (T). The number of Dividend Aristocrats briefly increased to 65. However, on March 29, 2022, People's United Financial (PBCT) got deleted because M&T Bank Corp. (MTB) acquired PBCT. 

So now there are 64 Dividend Aristocrats. 

After presenting the Dividend Aristocrats in rank order, I use several screens to identify investment-grade Dividend Aristocrats offering favorable valuations and compelling metrics. 

By favorable valuations, I mean stock trading below my risk-adjusted Buy Below prices. As for compelling metrics, I look for stocks with superior growth and income outlooks, offering safe dividends. 

Please read this article at Seeking Alpha and download a spreadsheet with fundamental and added value metrics for all the Dividend Aristocrats.

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