Requiem For Fallen Dividend Aristocrats

It is a fundamental tenet of dividend growth investing. Regardless of how sharp or severe the stock market correction at any point in time, shareholders must stick to their discipline and hold positions so that they can continue to benefit from ongoing dividend growth and the resulting steadily rising income streams over time. But what happens in the midst of a major market correction when a company with a long history of increasing its payout suddenly stops raising its dividend? Worse yet, what if it suddenly cuts its dividend, perhaps dramatically? What then is the impact on a dividend growth investor's portfolio and their outlook moving forward? In Memoriam: The Aristocrats Who Have Departed The Dividend Aristocrats is a list of companies that have raised their dividends each year for at least the past 25 years. Heading into the financial crisis in 2008, 59 companies from the S&P 500 Index... Read more