NASDAQ Dividend Achievers Index: Top 10 Holdings

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 |  Includes: ADP, CHRW, EXPD, FAST, LLTC, NTRS, PAYX, ROST, SIAL, TROW
by: David Hunkar

To select these 10 dividend stocks, I used the The NASDAQ Dividend Achievers Index published by Mergent. This Index is weighted by market capitalization and tracks the performance of top dividend stocks traded on the NASDAQ exchange.

Components of this index meet the following criteria:

  • Must trade on the NASDAQ
  • Company must be incorporated in the USA or its territories
  • Must have Increased dividends for the past 10 or more consecutive years
  • Meet a minimum daily trading requirement of at least $500K

The top 10 Holdings of this index as of September 2009 are:

1. Automatic Data Processing Inc (NASDAQ:ADP)
Current Dividend Yield: 3.09%

2. Northern Trust Corp (NASDAQ:NTRS)
Current Dividend Yield: 2.32%

3. Price T Rowe Group Inc (NASDAQ:TROW)
Current Dividend Yield: 2.04%

4. Paychex Inc (NASDAQ:PAYX)
Current Dividend Yield: 3.91%

5. C H Robinson Worldwide Inc (NASDAQ:CHRW)
Current Dividend Yield: 1.77%

6. Expeditors Intl Wash Inc (NASDAQ:EXPD)
Current Dividend Yield: 1.17%

7. Sigma Aldrich Corp (NASDAQ:SIAL)
Current Dividend Yield: 1.07%

8. Linear Technology Corp (NASDAQ:LLTC)
Current Dividend Yield: 3.23%

9. Ross Stores Inc (NASDAQ:ROST)
Current Dividend Yield: 0.98%

10. Fastenal Co (NASDAQ:FAST)
Current Dividend Yield: 1.96%