If you love dividends, you should enjoy this week’s #AskDrWealth where I cover how you can screen for Dividend Aristocrats using a free tool. I summarised what we covered in this article. But first, here’s the full video:
What are Dividend Aristocrats?
Originally, Dividend Aristocrats are S&P 500 constituents that have increased their dividends consecutively, over a long period of 25 years.
The S&P 500 Dividend Artisocrats Index was launched in May 2005. Since then, S&P has expanded their definition of ‘Dividend Aristocrats’, depending on the market and countries they looked into:
My dividends surpassed my living expenses when I was 32. I retired when I was 39 on an average of $9-$11,000 worth of dividends each month.
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Why are Dividend Aristocrats attractive?
Dividend Aristocrats provide the best of both worlds – dividends and capital gains.
In order to earn the status of a ‘Dividend Aristocrat’, a company has to meet the criteria of having increased their dividends consecutively for 25 years....