My Best Dividend Aristocrats For July 2023

Jun. 28, 2023 11:10 AM ET, , , , , , , , , , , , , , 8 Comments

Summary

  • The ProShares S&P 500 Dividend Aristocrats ETF is recovering in June after a poor performance in May, with a 5.96% gain compared to a 5.90% loss in the previous month. Despite this, 31 dividend aristocrats are outperforming NOBL year-to-date through May.
  • I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
  • After nearly 23 months, 2 of the 3 buy-and-hold portfolios continue to generate alpha over NOBL and all 3 are beating SPY.
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Thapana Onphalai

2023 Review

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is bouncing back in June after an awful showing in May. Through June 27th NOBL is up 5.96%, in the prior month the fund fell by 5.90%. As of month-end May, NOBL was

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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