7 Dividend Aristocrats That Could Outpace the Market

Many investors label companies with long dividend track records as “dividend aristocrats.” That is not just a catchy term. There are indices devoted to dividend aristocrats, including the S&P 500 Dividend Aristocrats Index. The Dividend Aristocrats Index, which serves as the benchmark for a well-known exchange-traded fund (ETF), holds companies with dividend increase streaks of at least 25 years. While many dividend aristocrat stocks are trailing the broader market this year, historical data suggest dividend growers usually outpace broader benchmarks over the long haul. Here are some dividend aristocrats to consider buying now...

Exxon Mobil Corporation (NYSE:XOM), a member of the Dow Jones Industrial Average and the largest U.S. oil company, has a dividend increase streak that dates back to the 1970s. Another Dow component, Procter & Gamble Co. (NYSE:PG) is the world’s largest maker of household products. Aflac Inc. (NYSE:AFL) is much more than the company behind the commercials with that wacky duck. Medical device manufacturers have been a source a strength for the healthcare sector for over two years and Medtronic Plc (NYSE:MDT) is one of the largest members of that group. Coca-Cola Co. (NYSE:KO) has paid a dividend every year since 1893 and is on a payout increase streak that is fast approaching six decades. Investors looking for a single stock play on the index fund and ETF boom may want to consider S&P Global Inc. (NYSE:SPGI). Like the other staples names highlighted here, Clorox Co. (NYSE: CLX) has had its problems this year.

Source: OnvestorPlace

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