Eight new stocks added to S&P High Yield Dividend Aristocrats Index
Eight new stocks will be added, including Realty Income, Mercury General and Ross Stores. Also three stocks are deleted.
S&P Dow Jones Indices will add eight new stocks to its High Yield Dividend Aristocrats Index at the close of January 30th 2015.
Albemarle (ALB), CDK Global (CDK), Essex Property Trust (ESS), Expeditors International of WA (EXPD), Mercury General Corp (MCY), Realty Income (O), Ross Stores (ROST) and United Bankshares will be added.
Thee stocks will be eliminated: Diebold, Energen and Family Dollar Stores. Diebold had the best trackrecord of all US listed stocks with a dividend that was raised from 60 years. In 2014 Diebold maintained it's dividend and lost its trackrecord.
Family Dollar Stores accepted a takeover offer by competitor Dollar Tree and is deleted for that reason. The discountretailer had increased its dividend for 38 straight years.
The S&P High Yield Dividend Aristocrats Index is designed to measure the performance of companies within the S&P Composite 1500 that have followed a managed-dividends policy of consistently increasing dividends every year for at least 20 years.
Source: S&P Dow Jones Indices