The S&P High Yield Dividend Aristocrats is part of the S&P Dividend Aristocrats index series. This constituents in this index have followed a policy of raising dividends each year for at least 25 consecutive years.
In addition, all the constituents are members of the S&P Composite 1500 . The stocks are equally weighted and are re-weighted quarterly.
The constituents of the S&P High Yield Dividend Aristocrats are:
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Consumer staple stocks such as KMB, JNJ, MCD, etc. are excellent dividend payers and long-term value stocks. Financials will still experience wild rides due to worsening economic conditions. There may be a few surprises in future quarterly earnings reports as some banks may announce additional new losses.Many banks have also reduced their dividend payouts significantly over last year.