Updated: March 31, 2017
The S&P 500 Dividend Aristocrats are a group of stocks beloved as “widows-and-orphans” investments – can’t-miss companies whose stability and rock-solid dividends will keep you into old age and will exist long after you’ve passed. It’s a reassuring thought, but ultimately, it’s an illusion. Like the broader S&P 500 and the stock market as a whole, some of its members are good investments, and some – including five losers I plan on highlighting today – are not.
I love the term “dividend aristocrat” … but only because it’s more honest than most people realize. The word “aristocrat” can refer to people who are many things, including superior, better able, smarter and wiser. That’s fair. Many dividend aristocrats truly are among the best companies in the world, and the best stewards of your investment money. …