S&P Dow Jones Indices had announced its annual changes for the High Yield Dividend Aristocrats Index. Eight new stocks will be added, including Realty Income, Mercury General and Ross Stores. Also three stocks are deleted.
Discount retailer Family Dollar Stores will be deleted from the Dividend Aristocrats Index after a takeover bid by Dollar Tree was approved on Thursday January 22nd.
The 54 Dividend Aristocrats representing S&P's well known Dividend Aristocrats Index raised their dividend by an average of 10.1% in 2014. The biggest dividend increase came from industrial Pentair.