5 High-Yield Dividend Aristocrats to Buy Now

Dividend aristocrats are companies in the S&P 500 Index that have increased their payouts for at least 25 consecutive years, and these are awfully special companies. Only about 10% of companies in the S&P 500 have accomplished this feat. But there’s a particularly noteworthy group of five stocks on this list that have grown their dividends for at least 25 consecutive years and, when combined, offer average dividend yields from 3%-plus to 5%.

Let’s take a look at five of these high-yield dividend aristocrats, which range in yield from over 3% to 5%: Archer Daniels Midland (ADM) is a high-yield dividend aristocrat that operates in the agriculture market. Emerson Electric (EMR) has raised its dividend for nearly 60 consecutive years, qualifying it for membership on the dividend kings list. AbbVie (ABBV) is a pharmaceuticals company that was spun off from Abbott Laboratories (ABT) in 2013. AT&T (T) leads the pack of high-yield dividend aristocrats with a yield of 5%. Consolidated Edison (ED) is an electric utility company that’s mostly known for servicing New York City, though it also has customers in other parts of New York, as well as New Jersey and Pennsylvania.

Source: InvestorPlace

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