Up to date on March twenty sixth, 2025 by Bob CiuraSpreadsheet information up to date every day
The Dividend Aristocrats are a choose group of 69 S&P 500 shares with 25+ years of consecutive dividend will increase.
The necessities to be a Dividend Aristocrat are:
Be within the S&P 500
Have 25+ consecutive years of dividend will increase
Meet sure minimal dimension & liquidity necessities
There are at present 69 Dividend Aristocrats.
You possibly can obtain an Excel spreadsheet of all 69 Dividend Aristocrats (with metrics that matter corresponding to dividend yields and price-to-earnings ratios) by clicking the hyperlink under:
Disclaimer: Positive Dividend shouldn’t be affiliated with S&P World in any manner. S&P World owns and maintains The Dividend Aristocrats Index. The data on this article and downloadable spreadsheet is predicated on Positive Dividend’s personal overview, abstract, and evaluation of the S&P 500 Dividend Aristocrats ETF (NOBL) and different sources, and is supposed to assist particular person buyers higher perceive this ETF and the index upon which it’s primarily based. Not one of the data on this article or spreadsheet is official information from S&P World. Seek the advice of S&P World for official data.
Nevertheless, even Dividend Aristocrats can fall from grace. For instance, Walgreens Boots Alliance (WBA) was faraway from the Dividend Aristocrats listing in 2024.
The corporate slashed its dividend because of a pronounced enterprise downturn within the brick-and-mortar pharmacy retail business, amid elevated aggressive threats from on-line pharmacies.
This was after Walgreens Boots Alliance had maintained a 40+ yr streak of consecutive dividend will increase.
Whereas dividend cuts from Dividend Aristocrats are sudden, they’ve occurred–and will occur once more. To be clear, the next 3 Dividend Aristocrats will not be at present in jeopardy of reducing their dividends.
Their dividend payouts are supported with enough underlying earnings (for now). If their earnings stay secure or proceed to develop, they’ve at the very least a good change of constant their dividend progress.
However, the three Dividend Aristocrats under are going through elementary challenges to various levels, which doubtlessly threatens their dividend payouts.
This text will present an in depth evaluation on the three Dividend Aristocrats most at risk of a future dividend minimize.
Desk of Contents
Purple Flag Dividend Aristocrat For 2025: Albemarle Company (ALB)
Dividend Danger Rating: B
Dividend Yield: 2.1%
Albemarle is the most important producer of lithium and second largest producer of bromine on this planet. The 2 merchandise account for practically two-thirds of annual gross sales. Albemarle produces lithium from its salt brine deposits within the U.S. and Chile.
The corporate has two joint ventures in Australia that additionally produce lithium. Albemarle’s Chile belongings supply a really low-cost supply of lithium. The corporate operates in practically 100 international locations.
Albemarle, like every commodity producer, is beholden to the underlying commodity worth for progress and profitability. Sadly, the steep drop in lithium costs has brought about an enormous decline in Albemarle’s monetary efficiency in current quarters.
On February twelfth, 2025, Albemarle introduced fourth quarter and full yr outcomes. For the quarter, income fell 48% to $1.23 billion and was $110 million lower than anticipated.
Supply: Investor Presentation
Adjusted earnings-per-share of -$1.09 in contrast very unfavorably to $1.85 within the prior yr and was $0.42 under estimates.
For the yr, income declined 44% to $5.4 billion whereas adjusted earnings-per-share was -$2.34.
Outcomes have been impacted by asset write-offs and weaker common costs for lithium. For the quarter, income for Power Storage was down 63.2% to $616.8 million.
This phase was influence by weaker volumes (-10%) and decrease costs (-53%). Revenues for Specialties have been decrease by 2.0% to $332.9 million as quantity (+3%) was offset by a lower in pricing (-5%).
Outcomes will not be anticipated to meaningfully enhance in 2025. Albemarle expects 2025 full-year income in a variety of $4.9 billion to $5.2 billion. The corporate is predicted to provide earnings-per-share of -$0.80 in 2025.
Continued declines in gross sales, together with internet losses, may threaten Albemarle’s dividend payout. That is very true if lithium costs proceed to drop.
Click on right here to obtain our most up-to-date Positive Evaluation report on ALB (preview of web page 1 of three proven under):
Purple Flag Dividend Aristocrat For 2025: Amcor plc (AMCR)
Dividend Danger Rating: F
Dividend Yield: 5.0%
Amcor plc is likely one of the world’s most outstanding designers and producers of packaging for meals, pharmaceutical, medical, and different client merchandise. The corporate emphasizes making accountable packaging that’s light-weight, recyclable, and reusable.
At this time, the Amcor plc, which trades on the NYSE, was shaped in June 2019 with the merger between two packaging firms, U.S-based Bemis Co. Inc. and Australia-based Amcor Ltd. Amcor plc’s present headquarters is in Bristol, U.Okay.
The present dividend yield is engaging in comparison with the broader market, however the payout ratio is excessive at practically 70% anticipated for 2025.
As a packaging producer, Amcor is especially uncovered to the worldwide financial system. It might be troublesome for the corporate to keep up its dividend in a steep recession consequently. AMCR inventory receives our lowest Dividend Danger Rating of ‘F’.
Click on right here to obtain our most up-to-date Positive Evaluation report on AMCR (preview of web page 1 of three proven under):
Purple Flag Dividend Aristocrat For 2025: Franklin Sources (BEN)
Dividend Danger Rating: C
Dividend Yield: 6.1%
Franklin Sources is an funding administration firm. It was based in 1947. At this time, Franklin Sources manages the Franklin and Templeton households of mutual funds.
On January thirty first, 2025, Franklin Sources reported internet revenue of $163.6 million, or $0.29 per diluted share, for the primary fiscal quarter ending December 31, 2024.
This marked a major enchancment from the earlier quarter’s internet lack of $84.7 million, although EPS remained decrease than the $251.3 million internet revenue recorded in the identical quarter final yr.
Supply: Investor presentation
The previous few years have been troublesome for Franklin Sources. Franklin Sources was gradual to adapt to the altering atmosphere within the asset administration business.
The explosive progress in exchange-traded funds and indexing investing shocked conventional mutual funds.
ETFs have turn out to be very fashionable with buyers due largely to their decrease charges than conventional mutual funds. In response, the asset administration business has needed to minimize charges and commissions or danger shedding shopper belongings.
Earnings-per-share are anticipated to say no in 2025 consequently. The corporate nonetheless maintains a manageable payout ratio of 51% anticipated for 2025, but when EPS continues to say no, the dividend payout may very well be at risk down the highway.
Click on right here to obtain our most up-to-date Positive Evaluation report on BEN (preview of web page 1 of three proven under):
Last Ideas
The Dividend Aristocrats are among the many greatest dividend progress shares out there.
And whereas most Dividend Aristocrats will proceed to boost their dividends annually, there may very well be some that find yourself reducing their payouts.
Whereas it’s uncommon, buyers have seen a number of Dividend Aristocrats minimize their dividends over the previous a number of years, together with Walgreens Boots Alliance, 3M Firm (MMM), V.F. Corp. (VFC), and AT&T Inc. (T).
Whereas the three Dividend Aristocrats offered right here have been profitable elevating their dividends annually thus far, all of them face various ranges of challenges to their underlying companies.
Because of this, revenue buyers ought to view the three pink flag Dividend Aristocrats on this article cautiously going ahead.
Extra Studying
Moreover, the next Positive Dividend databases comprise essentially the most dependable dividend growers in our funding universe:
When you’re in search of shares with distinctive dividend traits, take into account the next Positive Dividend databases:
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