FREE EXCLUSIVE ACCESS

Get your personal China Global Profits Alert newsletter delivered to your inbox FREE each morning
Name
   
Email

AS SEEN ON

    
    
Category: Advertising
Standard & Poor's Dividend Aristocrats New Additions
Standard & Poor's Dividend Aristocrats New Additions

Big Changes Afoot For Dividend Aristocrats Index

 Big Changes Afoot For Dividend Aristocrats Index

About: (BF.B, Brown Forman, CTAS, Cintas, BBT, BB T, Legg Mason, LM, M&T Bank, MTB, State Street, SST, US Bankcorp USB, Avery Dennison, AVY, Gannett, GCI, Johnson Controls, JCI, General Electric, GE, Pfizer, PFE)
Bookmark and Share

There are dozens, if not hundreds of indexes tracking various sectors of the market, but for dividend hunters, the Standard & Poor's Dividend Aristocrats Index is one worth watching. The index equal-weighted and members are reweighted every quarter with membership reviews taking place every December. One key metric must be met to be considered a Dividend Aristocrat and that is at least 25 consecutive years of dividend increases, so when we've mentioned the index in the past, some of the constituents were somewhat puzzling to us.

            Some of 2008 and 2009's most noteworthy dividend cutters have been found among the Aristocrats, but that's set to change on December 18. Spirits maker Brown Forman (NYSE: BF.B) is slated to be a new addition. Brown Forman makes Southern Comfort and Jack Daniels among other familiar brands and the shares currently yield 2.2%. Another new addition will be uniform maker Cintas (Nasdaq: CTAS), which yields 1.6%.

            The departure list is lengthier and more infamous to be sure. Littered with dividend offenders from the financial sector, BB&T (NYSE: BBT), Legg Mason (NYSE: LM), M&T Bank (NYSE: MTB), State Street (NYSE: STT) and U.S. Bancorp (NYSE: USB) are among the departures from the Dividend Aristocrats Index.

            Joining the financials in saying “adios” to the index are Avery Dennison (NYSE: AVY), Gannett (NYSE: GCI), Johnson Controls (NYSE: JCI), General Electric (NYSE: GE) and Pfizer (NYSE: PFE).

 For more information about Dividend Genius, visit www.dividendgenius.com. To see the latest special offer from Dividend Genius, visit: http://www.dividendstockblog.com/dividend-genius-video.html

 
Comcast Gets NBC Universal, Shareholders Get A Better Dividend
Comcast Gets NBC Universal, Shareholders Get A Better Dividend

Comcast Gets NBC Universal, Shareholders Get A Better Dividend

Comcast Gets NBC Universal, Shareholders Get A Better Dividend

About: (Comcast, CMCSA, General Electric, GE, NBC Universal)
Bookmark and Share

Comcast (Nasdaq: CMCSA) finally announced that it has acquired a controlling interest in General Electric's (NYSE: GE) NBC Universal media business whose assets are worth, by some estimates, $30 billion. Despite that hefty sum, Comcast won't have to shell out as much as initially expected and the cable giant has decided to reward shareholders with a 40% dividend hike, boosting its annual payout to 37.8 cents a share. Comcast currently pays a dividend of 27 cents a share for a yield of 1.8%.

            Comcast also said it expects to complete a $3.6 billion share repurchase plan over the next three years. CEO Brian Roberts, one of the best managers in the cable business, noted that the increased dividend share buyback plan reflects the company's confidence in its business and the capacity for continued significant free cash flow generation.