Up to date on March twenty sixth, 2025 by Bob CiuraSpreadsheet knowledge up to date each day
The Dividend Aristocrats are a choose group of 69 S&P 500 shares with 25+ years of consecutive dividend will increase.
The necessities to be a Dividend Aristocrat are:
Be within the S&P 500
Have 25+ consecutive years of dividend will increase
Meet sure minimal measurement & liquidity necessities
There are at present 69 Dividend Aristocrats.
You’ll be able to obtain an Excel spreadsheet of all 69 Dividend Aristocrats (with metrics that matter equivalent to dividend yields and price-to-earnings ratios) by clicking the hyperlink under:
Disclaimer: Positive Dividend is just not affiliated with S&P International in any means. S&P International owns and maintains The Dividend Aristocrats Index. The data on this article and downloadable spreadsheet relies on Positive Dividend’s personal overview, abstract, and evaluation of the S&P 500 Dividend Aristocrats ETF (NOBL) and different sources, and is supposed to assist particular person traders higher perceive this ETF and the index upon which it’s based mostly. Not one of the info on this article or spreadsheet is official knowledge from S&P International. Seek the advice of S&P International for official info.
Nevertheless, even Dividend Aristocrats can fall from grace. For instance, Walgreens Boots Alliance (WBA) was faraway from the Dividend Aristocrats listing in 2024.
The corporate slashed its dividend resulting from a pronounced enterprise downturn within the brick-and-mortar pharmacy retail trade, amid elevated aggressive threats from on-line pharmacies.
This was after Walgreens Boots Alliance had maintained a 40+ 12 months streak of consecutive dividend will increase.
Whereas dividend cuts from Dividend Aristocrats are sudden, they’ve occurred–and will occur once more. To be clear, the next 3 Dividend Aristocrats should not at present in jeopardy of slicing their dividends.
Their dividend payouts are supported with enough underlying earnings (for now). If their earnings stay steady or proceed to develop, they’ve no less than a good change of constant their dividend progress.
However, the three Dividend Aristocrats under are dealing with basic challenges to various levels, which doubtlessly threatens their dividend payouts.
This text will present an in depth evaluation on the three Dividend Aristocrats most in peril of a future dividend lower.
Desk of Contents
Crimson Flag Dividend Aristocrat For 2025: Albemarle Company (ALB)
Dividend Danger Rating: B
Dividend Yield: 2.1%
Albemarle is the most important producer of lithium and second largest producer of bromine on the planet. The 2 merchandise account for practically two-thirds of annual gross sales. Albemarle produces lithium from its salt brine deposits within the U.S. and Chile.
The corporate has two joint ventures in Australia that additionally produce lithium. Albemarle’s Chile property supply a really low-cost supply of lithium. The corporate operates in practically 100 nations.
Albemarle, like every commodity producer, is beholden to the underlying commodity value for progress and profitability. Sadly, the steep drop in lithium costs has triggered a large decline in Albemarle’s monetary efficiency in latest quarters.
On February twelfth, 2025, Albemarle introduced fourth quarter and full 12 months outcomes. For the quarter, income fell 48% to $1.23 billion and was $110 million lower than anticipated.
Supply: Investor Presentation
Adjusted earnings-per-share of -$1.09 in contrast very unfavorably to $1.85 within the prior 12 months and was $0.42 under estimates.
For the 12 months, income declined 44% to $5.4 billion whereas adjusted earnings-per-share was -$2.34.
Outcomes have been impacted by asset write-offs and weaker common costs for lithium. For the quarter, income for Power Storage was down 63.2% to $616.8 million.
This phase was affect by weaker volumes (-10%) and decrease costs (-53%). Revenues for Specialties have been decrease by 2.0% to $332.9 million as quantity (+3%) was offset by a lower in pricing (-5%).
Outcomes should not anticipated to meaningfully enhance in 2025. Albemarle expects 2025 full-year income in a spread of $4.9 billion to $5.2 billion. The corporate is anticipated to supply earnings-per-share of -$0.80 in 2025.
Continued declines in gross sales, together with web losses, might threaten Albemarle’s dividend payout. That is very true if lithium costs proceed to drop.
Click on right here to obtain our most up-to-date Positive Evaluation report on ALB (preview of web page 1 of three proven under):
Crimson Flag Dividend Aristocrat For 2025: Amcor plc (AMCR)
Dividend Danger Rating: F
Dividend Yield: 5.0%
Amcor plc is likely one of the world’s most outstanding designers and producers of packaging for meals, pharmaceutical, medical, and different client merchandise. The corporate emphasizes making accountable packaging that’s light-weight, recyclable, and reusable.
As we speak, the Amcor plc, which trades on the NYSE, was fashioned in June 2019 with the merger between two packaging firms, U.S-based Bemis Co. Inc. and Australia-based Amcor Ltd. Amcor plc’s present headquarters is in Bristol, U.Ok.
The present dividend yield is engaging in comparison with the broader market, however the payout ratio is excessive at practically 70% anticipated for 2025.
As a packaging producer, Amcor is especially uncovered to the worldwide economic system. It might be troublesome for the corporate to keep up its dividend in a steep recession in consequence. AMCR inventory receives our lowest Dividend Danger Rating of ‘F’.
Click on right here to obtain our most up-to-date Positive Evaluation report on AMCR (preview of web page 1 of three proven under):
Crimson Flag Dividend Aristocrat For 2025: Franklin Sources (BEN)
Dividend Danger Rating: C
Dividend Yield: 6.1%
Franklin Sources is an funding administration firm. It was based in 1947. As we speak, Franklin Sources manages the Franklin and Templeton households of mutual funds.
On January thirty first, 2025, Franklin Sources reported web revenue of $163.6 million, or $0.29 per diluted share, for the primary fiscal quarter ending December 31, 2024.
This marked a major enchancment from the earlier quarter’s web lack of $84.7 million, although EPS remained decrease than the $251.3 million web revenue recorded in the identical quarter final 12 months.
Supply: Investor presentation
The previous few years have been troublesome for Franklin Sources. Franklin Sources was gradual to adapt to the altering surroundings within the asset administration trade.
The explosive progress in exchange-traded funds and indexing investing stunned conventional mutual funds.
ETFs have develop into extremely popular with traders due largely to their decrease charges than conventional mutual funds. In response, the asset administration trade has needed to lower charges and commissions or threat dropping shopper property.
Earnings-per-share are anticipated to say no in 2025 in consequence. The corporate nonetheless maintains a manageable payout ratio of 51% anticipated for 2025, but when EPS continues to say no, the dividend payout may very well be in peril down the highway.
Click on right here to obtain our most up-to-date Positive Evaluation report on BEN (preview of web page 1 of three proven under):
Remaining Ideas
The Dividend Aristocrats are among the many greatest dividend progress shares out there.
And whereas most Dividend Aristocrats will proceed to lift their dividends every year, there may very well be some that find yourself slicing their payouts.
Whereas it’s uncommon, traders have seen a number of Dividend Aristocrats lower their dividends over the previous a number of years, together with Walgreens Boots Alliance, 3M Firm (MMM), V.F. Corp. (VFC), and AT&T Inc. (T).
Whereas the three Dividend Aristocrats introduced right here have been profitable elevating their dividends every year so far, all of them face various ranges of challenges to their underlying companies.
For that reason, revenue traders ought to view the three pink flag Dividend Aristocrats on this article cautiously going ahead.
Extra Studying
Moreover, the next Positive Dividend databases comprise essentially the most dependable dividend growers in our funding universe:
In the event you’re searching for shares with distinctive dividend traits, think about the next Positive Dividend databases:
Thanks for studying this text. Please ship any suggestions, corrections, or inquiries to help@suredividend.com.
