Get to Know: The New S&P 500 Dividend Aristocrats

STRATEGY Dividend Growers
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Investors looking for quality large-cap stocks may want to consider a dividend growth strategy like the S&P 500® Dividend Aristocrats® Index. The index is made up of companies within the S&P 500 that have not just paid dividends, but grown them for at least 25 consecutive years, with most growing them for 40+ years. Get to know this elite group of companies and its three newest members.
 

What Makes an S&P 500 Dividend Aristocrat?

  • Robust Earnings: Often household names, they are an elite group of quality companies that have had stable earnings, solid fundamentals and strong histories of profit and growth.
  • Lower Volatility: The index has had strong performance with lower volatility than the S&P 500 since its inception in 2005.1
  • Consistent Dividend Growth: As a group, the S&P 500 Dividend Aristocrats have grown their dividends by 8% annually since 2006.2

 

What Companies Have Been Added in 2023?

The newest companies in the 67-member group are:
 
  • C.H. Robinson (Ticker: CHRW)
    C.H. Robinson solves logistics challenges for global companies across industries. Headquartered in Eden Prairie, Minnesota, the company has grown its dividend by an average of 16.1% annually for the past 24 years.3
  • Nordson Corporation (Ticker: NDSN)
    Nordson is a leading engineer and manufacturer of systems that dispense, apply and control fluids, such as adhesives, sealants and coatings to a range of consumer and industrial industries. Headquartered in Westlake, Ohio, the company has averaged 10.2% annualized dividend growth over the last 25 years.4
  • J.M. Smucker (Ticker: SJM)
    J.M. Smucker is a manufacturer of food and beverage products, with many well-known brands such as Smucker’s® fruit spreads, Jif® peanut butter, Folgers® coffee and Milk-Bone® dog treats. Headquartered in Orrville, Ohio, the company has grown its dividend 8.5% per year on average over the last 25 years.5

 

S&P 500 Dividend Aristocrats

S&P 500 Dividend Aristocrats - An Exclusive Club - Quality Has Driven Results - The Newest Members
 

How Can You Invest in the S&P 500 Dividend Aristocrats?

ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is the only ETF focused exclusively on the S&P 500 Dividend Aristocrats. NOBL’s strategy has allowed investors to capture most of the gains of rising markets, and less of the loss in falling markets.6 
 
NOBL is part of our suite of Dividend Growers ETFs covering U.S. market caps and international markets.

 

1,6Source: Morningstar
2Source: Bloomberg
3,4Source: FactSet
5Source: J.M. Smucker website

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NOBL

S&P 500 Dividend Aristocrats ETF

Seeks investment results, before fees and expenses, that track the performance of the S&P 500® Dividend Aristocrats® Index.

REGL

S&P MidCap 400 Dividend Aristocrats ETF

Seeks investment results, before fees and expenses, that track the performance of the S&P MidCap 400® Dividend Aristocrats® Index.

SMDV

Russell 2000 Dividend Growers ETF

Seeks investment results, before fees and expenses, that track the performance of the Russell 2000® Dividend Growth Index.

TMDV

Russell U.S. Dividend Growers ETF

Seeks investment results, before fees and expenses, that track the performance of the Russell 3000® Dividend Elite Index.

TDV

S&P Technology Dividend Aristocrats ETF

ProShares S&P Technology Dividend Aristocrats ETF seeks investment results, before fees and expenses, that track the performance of the S&P® Technology Dividend Aristocrats® Index.

EFAD

MSCI EAFE Dividend Growers ETF

Seeks investment results, before fees and expenses, that track the performance of the MSCI EAFE Dividend Masters Index.

EUDV

MSCI Europe Dividend Growers ETF

Seeks investment results, before fees and expenses, that track the performance of the MSCI Europe Dividend Masters Index.

EMDV

MSCI Emerging Markets Dividend Growers ETF

Seeks investment results, before fees and expenses, that track the performance of the MSCI Emerging Markets Dividend Masters Index.

Get the latest perspectives and updates.

Holdings are subject to change. As of 1/31/23, NOBL included a 1.49% allocation to C.H. Robinson Worldwide Inc., a 1.51% allocation to The J.M. Smucker Co, and a 1.48% allocation to Nordson Corp.

The performance quoted represents past performance and does not guarantee future results. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee any ProShares ETF will achieve its investment objective.

Investing involves risk, including the possible loss of principal. These ProShares ETF are subject to certain risks, including the risk that the funds may not track the performance of the index and that the funds’ market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

The "S&P 500® Dividend Aristocrats®" Index is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the S&P 500 Dividend Aristocrats Index are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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