Somewhat interesting article (to me) on 10 companies that are a year or two shy of being Dividend Aristocrats i.e. companies that have increased their dividend for 25, or more, consecutive years.
Why interesting?
- The number of tech related names on the list - four. Microsoft (MSFT) - who’d a thunk they would make this list?
- Surprised that utility company, The Southern Co (SO), was not already on the Dividend Aristocrat list. Then again, the insurance tickers - TRV and WRB are also somewhat of a surprise not being on the DA list already.
- Current holdings that make this list - Qualcomm (QCOM) & Nike (NKE). Though, in both cases, I didn’t opt for either company due to its dividend.