My Best Dividend Aristocrats For October 2023

Sep. 29, 2023 6:35 AM ET, , , , , , , , , , , , , , 9 Comments

Summary

  • The ProShares S&P 500 Dividend Aristocrat ETF fell by 2.34% in August and is down 6.25% in September bringing its year-to-date return down to -0.70%.
  • I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term.
  • After 26 months of tracking these strategies, only 1 strategy is beating NOBL but all 3 continue to outperform SPY.

Business finance data analytics graph chart and smart digital marketing management concept, Businessman use the laptop to work marketing analysis chart strategic planning for sustainable development

NongAsimo

2023 Review

So much for a better second half to the year for the Dividend Aristocrats. After a decent start to 2H2023 with the ProShares S&P 500 Dividend Aristocrats ETF (NOBL) ticking up 2.59% in July, things turned sour rather

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 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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Related Stocks

SymbolLast Price% Chg
BF.B--
Brown-Forman Corporation
CLX--
The Clorox Company
ECL--
Ecolab Inc.
ESS--
Essex Property Trust, Inc.
MDT--
Medtronic plc

Related Analysis