The 64 Dividend Aristocrats Ranked By Quality Score

Dividend Aristocrats are S&P 500 stocks that have increased their dividend payouts for 25 consecutive years or more.
In January, S&P Dow Jones Indices announced the annual rebalancing of the Dividend Aristocrats, adding seven stocks to the index.
This article ranks the 64 Dividend Aristocrats using DVK Quality Snapshots.
A table presents quality indicators, key metrics, and fair value estimates.

This article ranks the 64 Dividend Aristocrats by quality score.
I use DVK Quality Snapshots to assess the quality of the Dividend Aristocrats. Devised by SA author David Van Knapp [DVK], the system employs five quality indicators and assigns 0-5 points to each quality indicator, for a maximum of 25 points. To rank stocks, I sort them by quality score and break ties by considering up to three factors, in turn.
The Dividend Aristocrats
The S&P 500 Dividend Aristocrats Index is a list of companies in the S&P 500 that have increased their dividends for at least 25 consecutive years. The list is maintained by Standards & Poor's Dow Jones Indices, which updates the index every January.
To qualify, a stock must be a member of the S&P 500, must have increased its dividend payouts for a minimum of 25 consecutive years, and must have a minimum market capitalization of $3 billion. There are other eligibility and diversification criteria.
If a stock is deleted from the S&P 500 index or if its dividend is cut, the stock is automatically dropped from the list of Dividend Aristocrats as well.
Recently, the S&P Dow Jones Indices announced the annual rebalancing of the Dividend Aristocrats, adding seven stocks to the index:

Source: New Dividend Aristocrats For 2020

With no deletions, the number of Dividend Aristocrats increased to 64. (Last year I ranked 57 Dividend Aristocrats).
The Dividend Aristocrats are high-quality, blue-chip stocks of companies with strong and durable competitive advantages. They... Read more