Wealth
Who are the Dividend Aristocrats in 2021?
The Dividend Aristocrats in 2021
Legendary investor George Soros once said, “Good investing should be boring”. But an increase in volatile themes today suggests this maxim has gone ignored by at least some market participants.
From a high level, we can view investments on a spectrum. Volatile assets like cryptocurrencies and SPACs are more on the exciting side of things. The boring side is likely where Dividend Aristocrat stocks lie.
The data above, from Sure Dividend, looks at all 65 Dividend Aristocrats, ranking them by their yield, sector, and years of growth.
What are Dividend Aristocrats?
The U.S. Dividend Aristocrats are a basket of 65 stocks in the S&P 500 index. These companies have been growing their dividend per share consecutively, for a minimum of 25 years.
This is easier said than done, since companies often distribute dividends quarterly. To pay and grow a dividend in the long run implies a business model that can withstand varying economic environments, including setbacks like market crashes.
Though dividend stocks may not carry the same excitement as other investments, studies show that dividends represent over 50% of total S&P 500 market returns.
Company | Dividend Yield | Years Dividend Grown | Sector |
---|---|---|---|
AT&T, Inc. | 6.9% | 36 | Communication Services |
Exxon Mobil Corp. | 6.1% | 38 | Energy |
Chevron Corp. | 5.1% | 33 | Energy |
International Business Machines Corp. | 4.9% | 25 | Technology |
Abbvie Inc | 4.8% | 49 | Healthcare |
Realty Income Corp. | 4.2% | 26 | Real Estate |
People`s United Financial Inc | 4.1% | 28 | Financial Services |
Federal Realty Investment Trust | 4.0% | 53 | Real Estate |
Consolidated Edison, Inc. | 4.0% | 47 | Utilities |
Amcor Plc | 3.9% | 36 | Consumer Cyclical |
Franklin Resources, Inc. | 3.7% | 41 | Financial Services |
Walgreens Boots Alliance Inc | 3.5% | 45 | Healthcare |
Leggett & Platt, Inc. | 3.3% | 47 | Consumer Cyclical |
Kimberly-Clark Corp. | 3.3% | 49 | Consumer Defensive |
Cardinal Health, Inc. | 3.2% | 33 | Healthcare |
Coca-Cola Co | 3.1% | 58 | Consumer Defensive |
PepsiCo Inc | 3.0% | 49 | Consumer Defensive |
3M Co. | 3.0% | 62 | Industrials |
Essex Property Trust, Inc. | 2.9% | 26 | Real Estate |
Genuine Parts Co. | 2.7% | 65 | Consumer Cyclical |
General Dynamics Corp. | 2.6% | 28 | Industrials |
Procter & Gamble Co. | 2.5% | 64 | Consumer Defensive |
Johnson & Johnson | 2.5% | 58 | Healthcare |
Archer Daniels Midland Co. | 2.5% | 46 | Consumer Defensive |
Aflac Inc. | 2.5% | 39 | Financial Services |
Atmos Energy Corp. | 2.5% | 37 | Utilities |
Cincinnati Financial Corp. | 2.4% | 60 | Financial Services |
Clorox Co. | 2.3% | 43 | Consumer Defensive |
VF Corp. | 2.3% | 48 | Consumer Cyclical |
Sysco Corp. | 2.2% | 51 | Consumer Defensive |
Colgate-Palmolive Co. | 2.2% | 57 | Consumer Defensive |
McDonald`s Corp | 2.2% | 45 | Consumer Cyclical |
Emerson Electric Co. | 2.2% | 64 | Industrials |
Hormel Foods Corp. | 2.1% | 55 | Consumer Defensive |
Air Products & Chemicals Inc. | 2.1% | 39 | Basic Materials |
Nucor Corp. | 2.0% | 47 | Basic Materials |
Illinois Tool Works, Inc. | 2.0% | 46 | Industrials |
T. Rowe Price Group Inc. | 2.0% | 34 | Financial Services |
Chubb Limited | 2.0% | 27 | Financial Services |
Automatic Data Processing Inc. | 1.9% | 46 | Industrials |
NextEra Energy Inc | 1.9% | 25 | Utilities |
Medtronic Plc | 1.8% | 43 | Healthcare |
Caterpillar Inc. | 1.8% | 26 | Industrials |
Walmart Inc | 1.6% | 48 | Consumer Defensive |
McCormick & Co., Inc. | 1.5% | 34 | Consumer Defensive |
A.O. Smith Corp. | 1.5% | 27 | Industrials |
W.W. Grainger Inc. | 1.5% | 49 | Industrials |
Linde Plc | 1.5% | 28 | Basic Materials |
Abbott Laboratories | 1.4% | 49 | Healthcare |
Dover Corp. | 1.4% | 65 | Industrials |
Stanley Black & Decker Inc | 1.4% | 53 | Industrials |
Target Corp | 1.3% | 53 | Consumer Defensive |
PPG Industries, Inc. | 1.3% | 49 | Basic Materials |
Becton, Dickinson And Co. | 1.3% | 49 | Healthcare |
Pentair plc | 1.3% | 44 | Industrials |
Lowe`s Cos., Inc. | 1.2% | 57 | Consumer Cyclical |
Albemarle Corp. | 1.0% | 26 | Basic Materials |
Brown-Forman Corp. | 1.0% | 31 | Consumer Defensive |
Expeditors International Of Washington, Inc. | 1.0% | 26 | Industrials |
Ecolab, Inc. | 0.9% | 35 | Basic Materials |
Cintas Corporation | 0.9% | 38 | Industrials |
Sherwin-Williams Co. | 0.8% | 42 | Basic Materials |
S&P Global Inc | 0.8% | 48 | Financial Services |
Roper Technologies Inc | 0.5% | 28 | Industrials |
West Pharmaceutical Services, Inc. | 0.2% | 27 | Healthcare |
Numerous companies on this list have brand value that stretches all over the globe—including the likes of McDonald’s, Coca-Cola, and Walmart.
Vast global recognition and branding power is in part why these companies can generate cash flows to pay dividends for decades on end. For instance, 94% of the world population recognizes Coca-Cola’s logo.
Zooming In
The 65 Dividend Aristocrat stocks break down into 11 sectors. Across sectors, Industrials is the most crowded, consisting of 14 companies, with an average yield of 1.6% and a dividend growth duration of 43 years. Popular stocks in this sector include 3M and Caterpillar.
Next is the Consumer Defensive sector, containing 13 companies like Clorox, Target, Pepsi, and Procter & Gamble. The average yield is 2.2%, with an average growing duration of 49 years.
The highest yield by sector belongs to Energy, at 5.5%, but is only made up of only Chevron and Exxon Mobil. Their dividend track record may falter in the years to come, due to transitions away from the oil business. Just last year, Big Oil firms reported record net income losses, and Exxon was booted from the Dow Jones Industrial Average (DJIA).
The Consumer Cyclical sector has been increasing their dividend for an average of 50 years, the longest of any sector. Lowe’s and McDonald’s are involved in this category.
Businesses for Today and Tomorrow
Although the Dividend Aristocrats list is published every year, the companies on the list are a stable bunch, meaning changes are fairly infrequent.
In a market climate in part shaped by low rates and compressed yields in the fixed income space, Dividend Aristocrats might be a particularly attractive alternative for investors with a longer-term outlook.
Wealth
Mapped: Where Do the Wealthiest People in the World Live?
There are over 600,000 individuals worldwide with a net worth surpassing $30 million, representing the wealthiest people on the planet. Here’s where they live.
Where Do the Wealthiest People in the World Live?
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Investors didn’t expect 2023 to be the bumper year for returns it ended up being. Despite tightening monetary policies and surging bond yields, equities continued their strong performance (helped hugely by enthusiasm around the potential of artificial intelligence).
This has boosted wealth creation, and the growth of ultra high net worth individuals (UHNWIs) in the world.
We map out where the 600,000+ UHNWIs reside, as of the end 2023. To be categorized as such, a person’s net worth needs to be higher than $30 million. This map uses data from the Knight Frank Wealth Report 2024.
It’s worth noting that some countries that are known hotspots for the wealthy—including Belgium, Saudi Arabia, the UAE, and Russia—do not have specified numbers in the source report and have not been covered in this map and article.
Ranked: Countries By Number of Ultra Wealthy Individuals
At the top of the ranks, accounting for more than one-third of the wealthiest in the world, the U.S. is home to 225,000 UHNWIs, more than double the number of 99,000 UHNWIs in China.
Together, the world’s two largest economies are home to 50% of the world’s wealthiest.
Rank | Territory | UHNWI Population | YoY Growth | % of World UHNWIs |
---|---|---|---|---|
1 | 🇺🇸 U.S. | 225,077 | +7.9% | 35.9% |
2 | 🇨🇳 China | 98,551 | +3.3% | 15.7% |
3 | 🇩🇪 Germany | 29,021 | +1.1% | 4.6% |
4 | 🇨🇦 Canada | 27,928 | +2.0% | 4.5% |
5 | 🇫🇷 France | 24,941 | +0.2% | 4.0% |
6 | 🇬🇧 UK | 23,072 | +3.1% | 3.7% |
7 | 🇯🇵 Japan | 21,710 | +0.3% | 3.5% |
8 | 🇮🇹 Italy | 15,952 | +3.8% | 2.5% |
9 | 🇦🇺 Australia | 15,347 | +2.9% | 2.4% |
10 | 🇨🇭 Switzerland | 14,734 | +5.2% | 2.4% |
11 | 🇮🇳 India | 13,263 | +6.1% | 2.1% |
12 | 🇪🇸 Spain | 10,149 | +1.7% | 1.6% |
13 | 🇳🇱 Netherlands | 8,390 | +0.2% | 1.3% |
14 | 🇹🇼 Taiwan | 7,640 | -0.3% | 1.2% |
15 | 🇰🇷 South Korea | 7,310 | +5.6% | 1.2% |
16 | 🇭🇰 Hong Kong | 5,957 | +2.5% | 1.0% |
17 | 🇸🇬 Singapore | 4,783 | +4.0% | 0.8% |
18 | 🇸🇪 Sweden | 4,125 | +2.5% | 0.7% |
19 | 🇳🇿 New Zealand | 2,587 | +2.9% | 0.4% |
20 | 🇳🇴 Norway | 2,276 | +1.1% | 0.4% |
21 | 🇦🇹 Austria | 2,167 | +0.3% | 0.3% |
22 | 🇹🇷 Türkiye | 1,932 | +9.7% | 0.3% |
23 | 🇮🇪 Ireland | 1,890 | +0.4% | 0.3% |
24 | 🇮🇩 Indonesia | 1,479 | +4.2% | 0.2% |
25 | 🇫🇮 Finland | 1,269 | +4.1% | 0.2% |
26 | 🇹🇭 Thailand | 889 | +0.8% | 0.1% |
27 | 🇿🇦 South Africa | 835 | -1.3% | 0.1% |
28 | 🇵🇹 Portugal | 800 | +3.0% | 0.1% |
29 | 🇲🇾 Malaysia | 754 | +4.3% | 0.1% |
30 | 🇻🇳 Vietnam | 752 | +2.4% | 0.1% |
N/A | 🌐 Other | 51,039 | +0.1% | 8.1% |
N/A | 🌍 World | 626,619 | +4.2% | N/A |
Note: The organization uses a dynamic proprietary wealth-sizing model created by their data engineering team to arrive at these figures. Exact numbers may change between different editions of this report.
Ranked third, Germany, has close to 30,000 UHNWIs, following the pattern of the biggest economic powerhouses having the highest share of the wealthy.
This correlation remains generally constant outside the top three as well, even if exact positions aren’t quite maintained:
- Canada, 10th largest economy, 4th in share of wealthiest people.
- Australia, 14th largest economy, 9th in wealthiest people.
- Switzerland, 20th largest economy, 10th in wealthiest people.
- India, 6th largest economy, 11th in wealthiest people.
Together, these top countries by share of UHNWIs account for 92% of all individuals with a net worth greater than $30 million.
Other countries, not specifically mentioned in the report, have 59,039 UHNWIs, or 8.1% of the world’s total.
Ranked: Regions By Number of Ultra Wealthy Individuals
Unsurprisingly, buoyed by the U.S. and China, North America and Asia are the top two regions by wealthiest individuals.
Europe is close behind Asia however; a reminder of the region’s collective economic might.
Rank | Region | UHNWI Population | YoY Growth |
---|---|---|---|
1 | North America | 253,066 | +7.2% |
2 | Asia | 165,442 | +2.6% |
3 | Europe | 155,232 | +1.8% |
4 | Middle East | 18,790 | +6.2% |
5 | Oceania | 17,934 | +2.9% |
6 | South America | 13,159 | -3.6% |
7 | Africa | 2,996 | +3.8% |
The oil-rich Middle East also outperforms on the wealthy individuals metric and saw the highest YoY growth in the ultra-wealthy after North America.
The world as a whole grew its UHNWI population by 4.2% and only South America saw a contraction in numbers between 2022 and 2023.
Where Does This Data Come From?
Source: Knight Frank Wealth Report 2024.
Note: Some countries that are known hotspots for the wealthy, including Belgium, Saudi Arabia, the UAE, and Russia have not been specified by the source report, and thus do not appear on this map.
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