My Best Dividend Aristocrats For June 2023

May 31, 2023 3:34 PM ET, , , , , , , , , , , , , , , 26 Comments

Summary

  • Dividend aristocrats are struggling in 2023, with the ProShares S&P 500 Dividend Aristocrats ETF down 4.71% in May.
  • Three strategies for identifying winning aristocrats include focusing on undervalued stocks, fastest expected growth, and a blend of the two.
  • Despite recent underperformance, long-term investors can find value in dividend aristocrats, as they have historically outperformed the S&P 500 index.

Financial and business background for Stacking of money coins. Savings and Accounts, Finance Banking Business Concept Ideas, Investments, Funds, Bonds, Dividends and Interest.

Mongkol Onnuan

2023 Review

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is not doing great in May, with 2 trading days left the ETF is down 4.71%. Should the ETF finish the month with this return its year-to-date return will

This article was written by

I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha community.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ADP, O, TROW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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