Dividend Aristocrats Outperform in November

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 |  Includes: ABT, ADM, ADP, AFL, AHBIF, AVY, BAC, BBT, BCR, BDX, CB, CINF, CLX, CMA, CTL, DIA, DOV, ED, EMR, FDO, FITB, GCI, GE, GWW, JCI, JNJ, KEY, KMB, KO, LEG, LLY, LOW, MCD, MMM, MTB, NUE, PBI, PEP, PFE, PG, PGR, PPG, QQQ, RF, ROH, SHW, SIAL, SNV, SPGI, SPY, STR, STT, SVU, SWK, TEG, TGT, USB, VFC, WBA, WMT, WWY, XOM
by: David I. Templeton, CFA

A preliminary review of the year to date performance of S&P's Dividend Aristocrats shows they are outperforming the major U.S. domestic indexes. Through the first eleven months of 2008, the Aristocrats have generated a capitalization weighted return of -22.4% versus a -39.0% return for the S&P 500 Index. The return for the Dow Jones Industrial Average and the NASDAQ composite index is -33.4% and -42.1%, respectively.

The spreadsheet below details performance information for each of the Aristocrats. It should be noted the Anheuser-Busch was removed from the S&P 500 Index as of November 18 due to it being acquired by InBev (INBVF.PK).


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