Dividend Aristocrats: Five Dividend Cuts

(I published a version of this article on The DIV-Net website on November 23, 2008)

As noted in my post from yesterday, the Dividend Aristocrats have performed well on a relative basis versus the S&P 500 Index and the Dow Jones Industrial Average. From a dividend perspective all the dividend cuts for the Aristocrats have been those companies in the financial sector. Details about the recent dividend actions for the Aristocrats is contained in the spreadsheet below.

Source: Standard & Poor's: Issues Indicated Dividend Rate Change

Click here for full screen view.

Comments

[David I. Te...:]

The suspensions are not Aristocrats as noted in the title.

2008 Dec 02 07:40 AM

[L Mills:]

I'm not sure First Horizon Natl (FHN) should be considered a SUSPENSION. Instead of cash, the dividend is now in additional shares. This quarter's dividend is 1.837 shares payable January 1st for each hundred shares owned. At yesterday's closing price, that would be 0.164 per share

2008 Dec 02 10:08 AM