Philip van Doorn

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March 19, 2022, 12:40 p.m. EDT

10 highest-yielding Dividend Aristocrat stocks for uncertain times as interest rates rise and economic growth slows

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By Philip van Doorn

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Expanding the pool of Dividend Aristocrats

S&P Global actually maintains a large number of Dividend Aristocrat indexes and you can see the full list here , and a shorter list of Aristocrat indexes tracked by exchange-traded funds (which are also listed) here .

Many of the Aristocrat indexes cover non-U.S. markets. In this article we are focusing on the three broad U.S. Dividend Aristocrat indexes, which have varying criteria and some overlap:

  • The S&P 500 Dividend Aristocrats Index, as described above, is made up of the 65 stocks in the benchmark S&P 500 that have raised regular dividends on common shares for at least 25 straight years. It is tracked by NOBL.

  • The S&P 400 Dividend Aristocrats Index /zigman2/quotes/201554301/composite REGL +0.23% has 48 stocks of companies that have raised dividends for at least 15 consecutive years, drawn from the full S&P Mid Cap 400 Index /zigman2/quotes/219506813/composite MID +1.25% . It is tracked by the $1.1 billion ProShares S&P MidCap 400 Dividend Aristocrats ETF /zigman2/quotes/201554301/composite REGL +0.23% .

  • The S&P High Yield Dividend Aristocrats Index /zigman2/quotes/210599901/delayed XX:SPHYDA +0.28% is made up of the 119 stocks in the S&P Composite 1500 Index /zigman2/quotes/210600453/delayed XX:SP1500 +0.53% that have increased dividends for at least 20 straight years. It is tracked by the $20.1 billion SPDR S&P Dividend ETF /zigman2/quotes/206871683/composite SDY +0.36% . The S&P Composite 1500 itself is made up of the S&P 500, the S&P Mid Cap 400 and the S&P 600 Small Cap Index /zigman2/quotes/210599868/delayed SML +0.46% . So the S&P High Yield Dividend Aristocrats Index includes all the stocks in the S&P 500 Dividend Aristocrats Index. However, it excludes some that are in the S&P 400 Dividend Aristocrats Index. The name of the High Yield Dividend Aristocrats Index is confusing, because the yields, again, aren’t necessarily high — they range from 0.19% to 5.22%.

So there are three broad U.S. indexes of Dividend Aristocrats, with varying criteria. Then again, they are all labeled as Aristocrats, so we screened the entire group by listing all the component stocks and removing duplicates, for a pool of 135 companies.

Highest-yielding Dividend Aristocrats

From the full list of 135 companies in the three broad U.S. indexes of Dividend Aristocrat stocks, here are the 10 with the highest dividend yields:

Company Ticker Industry Dividend yield
International Business Machines Corp. /zigman2/quotes/203856914/composite IBM Information Technology Services 5.22%
National Retail Properties Inc. /zigman2/quotes/205335487/composite NNN Real Estate Investment Trusts 4.95%
Mercury General Corp. /zigman2/quotes/200837562/composite MCY Property/Casualty Insurance 4.86%
Leggett & Platt Inc. /zigman2/quotes/206009340/composite LEG Home Furnishings 4.63%
Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM Integrated Oil 4.56%
Realty Income Corp. /zigman2/quotes/200487782/composite O Real Estate Investment Trusts 4.54%
Franklin Resources Inc. /zigman2/quotes/201997162/composite BEN Investment Managers 4.30%
Amcor PLC /zigman2/quotes/212673157/composite AMCR Containers/Packaging 4.27%
NorthWestern Corp. /zigman2/quotes/208537368/composite NWE Electric Utilities 4.24%
OGE Energy Corp. /zigman2/quotes/203542748/composite OGE Electric Utilities 4.24%
Source: FactSet

Click on the tickers for more about each company.

Click  here  Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.

Don’t miss: The 8 worst-performing S&P 500 stocks with the highest ratings are expected to rebound by more than 50% over the next year

/zigman2/quotes/201554301/composite
US : U.S.: Cboe BZX
$ 72.90
+0.17 +0.23%
Volume: 35,937
Dec. 8, 2022 12:52p
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/zigman2/quotes/219506813/composite
US : U.S.: NYSE Arca
$ 43.48
+0.53 +1.25%
Volume: 4,412
Dec. 8, 2022 12:39p
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/zigman2/quotes/201554301/composite
US : U.S.: Cboe BZX
$ 72.90
+0.17 +0.23%
Volume: 35,937
Dec. 8, 2022 12:52p
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/zigman2/quotes/210599901/delayed
XX : ICE Gib Ind
4,342.84
+12.16 +0.28%
Volume: 0.00
Dec. 8, 2022 12:41p
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/zigman2/quotes/210600453/delayed
XX : S&P US
904.97
+4.73 +0.53%
Volume: 1.25B
Dec. 8, 2022 12:46p
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/zigman2/quotes/206871683/composite
US : U.S.: NYSE Arca
$ 128.77
+0.46 +0.36%
Volume: 203,502
Dec. 8, 2022 12:55p
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/zigman2/quotes/210599868/delayed
US : S&P US
1,199.31
+5.44 +0.46%
Volume: 122.21M
Dec. 8, 2022 12:46p
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/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 148.45
+1.18 +0.80%
Volume: 1.15M
Dec. 8, 2022 12:56p
P/E Ratio
108.24
Dividend Yield
4.45%
Market Cap
$133.15 billion
Rev. per Employee
$196,791
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/zigman2/quotes/205335487/composite
US : U.S.: NYSE
$ 46.02
+0.27 +0.59%
Volume: 294,898
Dec. 8, 2022 12:56p
P/E Ratio
26.20
Dividend Yield
4.78%
Market Cap
$8.18 billion
Rev. per Employee
$10.58M
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/zigman2/quotes/200837562/composite
US : U.S.: NYSE
$ 36.25
+0.15 +0.42%
Volume: 64,697
Dec. 8, 2022 12:54p
P/E Ratio
N/A
Dividend Yield
3.51%
Market Cap
$2.00 billion
Rev. per Employee
$823,406
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/zigman2/quotes/206009340/composite
US : U.S.: NYSE
$ 34.99
+0.27 +0.78%
Volume: 180,083
Dec. 8, 2022 12:55p
P/E Ratio
13.20
Dividend Yield
5.03%
Market Cap
$4.60 billion
Rev. per Employee
$260,094
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/zigman2/quotes/204455864/composite
US : U.S.: NYSE
$ 104.61
+0.96 +0.93%
Volume: 10.81M
Dec. 8, 2022 12:56p
P/E Ratio
8.54
Dividend Yield
3.47%
Market Cap
$426.86 billion
Rev. per Employee
$6.20M
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/zigman2/quotes/200487782/composite
US : U.S.: NYSE
$ 64.04
+0.47 +0.73%
Volume: 1.78M
Dec. 8, 2022 12:56p
P/E Ratio
59.93
Dividend Yield
4.64%
Market Cap
$39.87 billion
Rev. per Employee
$8.43M
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/zigman2/quotes/201997162/composite
US : U.S.: NYSE
$ 26.78
-0.0050 -0.02%
Volume: 573,753
Dec. 8, 2022 12:55p
P/E Ratio
10.59
Dividend Yield
4.33%
Market Cap
$13.38 billion
Rev. per Employee
$836,724
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/zigman2/quotes/212673157/composite
US : U.S.: NYSE
$ 12.32
+0.18 +1.53%
Volume: 2.94M
Dec. 8, 2022 12:56p
P/E Ratio
22.28
Dividend Yield
3.99%
Market Cap
$18.06 billion
Rev. per Employee
$337,182
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/zigman2/quotes/208537368/composite
US : U.S.: Nasdaq
$ 58.32
+0.84 +1.46%
Volume: 67,241
Dec. 8, 2022 12:55p
P/E Ratio
18.99
Dividend Yield
4.33%
Market Cap
$3.32 billion
Rev. per Employee
$943,962
loading...
/zigman2/quotes/203542748/composite
US : U.S.: NYSE
$ 39.76
+0.27 +0.68%
Volume: 395,541
Dec. 8, 2022 12:55p
P/E Ratio
8.52
Dividend Yield
4.17%
Market Cap
$7.91 billion
Rev. per Employee
$1.49M
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