The Global Dividend Aristocrats List 2024

Roberto Rivero

The term dividend aristocrat is bestowed upon stocks which have a strong and demonstrable track record of consistently paying dividends over the years. There are a number of different indices which track these so-called dividend aristocrats, one of which is the S&P Global Dividend Aristocrats Index.

In this article, we will explain what it takes for companies to be added to this index and provide the global dividend aristocrats list for 2024!

The S&P Global Dividend Aristocrats Index

The S&P Global Dividend Aristocrats Index measures the performance of selected dividend stocks within the S&P Global Broad Market Index.

In order to qualify for the S&P Global Dividend Aristocrats Index, companies must meet the following conditions, amongst other considerations:

  • Increased or maintained stable dividends every year for at least 10 consecutive years.
  • A maximum dividend payout ratio of 100% for new constituents.
  • A non-negative dividend payout ratio (i.e. annual earnings per share must be positive) for existing constituents.
  • A maximum dividend yield of 10% at the rebalancing date.
  • A float-adjusted market capitalisation of at least $1 billion.
  • An average daily traded value of at least $5 million for the three months prior to the rebalancing date.

By only including companies which have a 10 year record of increasing or maintaining dividends, the index provides exposure to stocks which pay reliable dividends. However, it should be noted that dividends are never guaranteed.

Even the most historically reliable dividend paying stocks can, and do, decrease, or even halt, dividend payments. If this happens to a company listed in the global dividend aristocrats index, it will be removed from the index at its next rebalancing, which takes place annually each January.

So, which companies can call themselves a global dividend aristocrat in 2024?

Global Dividend Aristocrats List 2024

The table below highlights the stocks which are in the global dividend aristocrats list in 2024.

Global Dividend Aristocrats List
Seagate Technology Holdings PLC A2A S.p.A. Adecco Group AG Lenovo Group Limited
Universal Corp Verizon Communications Inc. HNI Corporation Digital Realty Trust Inc.
LyondellBasell Industries NV Boston Properties Inc. Highwoods Properties Inc. LTC Properties Inc.
IBM Bouygues SA Western Union Company Janus Henderson Group PLC
3M Company Pinnacle West Capital Corporation BASF SE Kennedy-Wilson Holdings Inc.
Getty Realty Corp. Holcim Ltd Leggett & Platt Incorporated Best Buy Co. Inc.
Singapore Technologies Engineering Ltd Deutsche Post AG DCC Plc ENEOS Holdings Inc.
Mitsui Mining and Smelting Company Limited Walgreens Boots Alliance Inc. Hasbro Inc. Primary Health Properties PLC
FNF Group British American Tobacco Lazard Inc Vanguard International Semiconductor Corp
Northwest Bancshares Inc. Saudi Telecom Co. Prudential Financial Inc. KT & G Corporation
United Utilities Group Citigroup Inc. Legal & General Group Franklin Resources
Takeda Pharmaceutical Co. U.S. Bancorp SBI Holdings Inc. Huntington Bancshares Incorporated
LIXIL Corporation T. Rowe Price Group KeyCorp Swiss Life Holding AG
Allianz SE MS&AD Insurance Group Holdings Inc. Provident Financial Services Inc. Helvetia Holding Ltd
IG Group Holdings Russel Metals Inc. Zurich Insurance Group Ltd Keyera Corp.
Baloise-Holding AG JAFCO Group Co. Ltd. Schroders SmartCentres REIT
Parkland Corporation TC Energy Corporation Power Assets Holdings Limited Pembina Pipeline Corporation
BCE Inc. CK Infrastructure Holdings Limited Emera Incorporated Allied Properties REIT
Canadian Natural Resources Limited TELUS Corporation Canadian Tire Corporation Limited Class A Capital Power Corporation
Canadian Utilities Limited Class A Henderson Land Development Co. Sino Land Co. Ping An Insurance (Group) Company of China Ltd. Class H
Swire Properties Limited Sun Hung Kai Properties Limited Great-West Lifeco Inc. Canadian Imperial Bank of Commerce
Power Corporation of Canada Manulife Financial Corporation Canadian Western Bank Bank of Nova Scotia
IGM Financial Inc. Sun Life Financial Inc. Bank of Montreal Toronto-Dominion Bank

Source: State Street Global Advisors - 12 January 2024.

SPDR Global Dividend Aristocrats ETF

As with any stock index, it is not possible to invest directly in the S&P Global Dividend Aristocrats Index. In order to gain exposure to the index, investors can either construct a portfolio based on the global dividend aristocrats list above or buy shares in an Exchange-Traded Fund (ETF) which tracks the index.

The SPDR S&P Global Dividend Aristocrats UCITS ETF is one of more than 200 ETFs which is available for clients of Admirals to invest in. The global dividend aristocrats ETF tracks the underlying index by using investor money to buy shares in all the stocks within the index.

Follow these simple steps in order to learn how to invest in the SPDR Global Dividend Aristocrats ETF:

  1. Register for an Invest.MT5 account and log in to the Dashboard.
  2. Open the MetaTrader Web Terminal.
  3. Search for the SPDR Global Dividend Aristocrats ETF and click the symbol to open a price chart.
  4. Press ‘Create New Order’, enter the number of shares you want and hit ‘Buy’.
Depicted: Admirals MetaTrader WebTrader – SPDR S&P Global Dividend Aristocrats UCITS ETF Daily Chart. Date Captured: 10 January 2024. Past performance is not a reliable indicator of future results.

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FAQ

Is it good to invest in dividend aristocrats?

Dividend aristocrats are stocks which have a strong track record of distributing dividends to shareholders. Consequently, dividend aristocrats may make a good investment for those who are interested in generating an income from their stock portfolio.

However, it is important to always conduct independent research into any stock before making an investment. It is also important to bear in mind that dividend payments are never guaranteed.

Other Articles You May Be Interested in:

About Admirals

Admirals is a multi-award winning, globally regulated Forex and CFD broker, offering trading on over 8,000 financial instruments via the world's most popular trading platforms: MetaTrader 4 and MetaTrader 5. Start trading today!

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.

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