The UK Dividend Aristocrats List
The title of dividend aristocrat is bestowed upon companies within the S&P 500 index which have raised their annual dividends every year for at least 25 consecutive years. These dividend aristocrats form the S&P 500 Dividend Aristocrats Index
But is there something similar in the UK? In this article, we will examine the S&P UK High Yield Dividend Aristocrats Index, examine the UK Dividend Aristocrats list for 2025 and demonstrate how to invest in the index using ETFs.
The information in this article is provided for educational purposes only and does not constitute financial advice. Consult a financial advisor before making investment decisions.
The S&P UK High Yield Dividend Aristocrats Index
The S&P UK High Yield Dividend Aristocrats Index is composed of UK dividend stocks which are in the S&P United Kingdom BMI and trade on the London Stock Exchange (LSE).
To be eligible for the S&P UK High Yield Dividend Aristocrats Index, amongst other requirements, stocks must meet the following criteria:
- Must have increased or maintained stable dividends every year for at least seven consecutive years.
- Have a float-adjusted market capitalisation of at least $1 billion ($800 million for current constituents).
- Have a maximum dividend yield of 10%
- New constituents must have a maximum dividend payout ratio of 100%. A dividend payout ratio is calculated by dividing dividend per share by Earnings per Share (EPS); in other words new constituents cannot have a dividend per share which is higher than their EPS.
- Existing constituents must have a non-negative dividend payout ratio. In other words, the company must have a positive EPS.
So, unlike dividend aristocrats on the other side of the Atlantic, UK dividend aristocrats only need to have raised or maintained dividends for seven consecutive years.
At the index rebalancing every stock which meets the eligibility requirements is ranked by annual dividend yield and the 40 highest ranking stocks are selected for the index, with the index consisting of a minimum of 30 dividend stocks. If less than 30 are eligible, then the eligibility requirements are relaxed.
UK Dividend Aristocrats List
At the time of writing, 26 September 2025, there are 40 UK dividend aristocrats in the index, the table below shows each constituent.
