Meet Your New Dividend Aristocrats (MKC, HRL, ECL)

Standard & Poor's made a number of changes to their S&P 500 Dividend Aristocrats Index after the close of trading on Friday, December 17, 2010. 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. Additions to the Dividend Aristocrats Index are: McCormick & Co. Inc. (NYSE: MKC) boasts a $1.12 annual dividend, and 2.4% yield. McCormick last raised its dividend in November, marking the 25th consecutive year that the Company has increased its quarterly dividend. The company has paid dividends every year since 1925. Hormel Foods (NYSE: HRL) boasts a $1.02 annual dividend, and 2% yield. In November, Hormel raised their dividend from $0.84. Since becoming a public company in 1928, Hormel has paid a regular quarterly dividend without interruption. Ecolab Inc. (NYSE: ECL) boasts a $0.70 annual dividend, and 1.4% yield. In December, Ecolab raised their dividend 13%. This was the 19th consecutive annual dividend rate increase. Ecolab has paid cash dividends on its common stock for 74 consecutive years. Deletions to the Dividend Aristocrats Index were: Eli Lilly & Co. (NYSE: LLY), SUPERVALU Inc. (NYSE: SVU) and Integrys Energy Group, Inc. (NYSE: TEG).... Read more

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