Albemarle Corp was added to S&P's Dividend Aristocrat Index in 2020 © DIVIDENDHIKE.COM
Albemarle Corp was added to S&P's Dividend Aristocrat Index in 2020 © DIVIDENDHIKE.COM

New Dividend Aristocrat Albemarle (ALB) is a big winner in 2020 with a 75.8 percent stock price gain. The lithium manufacturer was added to the S&P500 Dividend Aristocrats Index in 2020 with 25 consecutive years of dividend increases. The average Aristocrat is gaining 4.9 percent YTD if we exclude Ross Stores (deleted from the Index because of a dividend cut this summer).

Of the 63 Aristocrats 37 are gainers in 2020, led by Albemarle (ALB), Clorox (CLX), Cintas (CTAS), Target (TGT) and Abbott Laboratories (ABT). The worst performing Aristocrats in 2020 are Exxon Mobil (XOM), Walgreens Boots Alliance (WBA) and Federal Realty Investment Trust (FRT), mostly because they are the biggest COVID-19 victims.

The average dividend yield for al current Dividend Aristocrats is 2.7% with oil major Exxon Mobil providing the highest yield with 9.4% after the 2020 stock price crash. Other higher yielding Aristocrats currently are AT&T (T), Exxon peer Chevron (CVX) and bank People's United Financial. Most of these stocks have high yields because of lower stock prices YTD.

If we look at the lowest yielding Aristocrats we have six companies yielding less than 1.0% with all of these stocks being gainers in 2020. The lowest yield is provided by Roper Technologies (ROP). The industrial company has just announced a 9.8 percent dividend hike and has now raised its dividend 28 consecutive years. The stock price of Roper is up 15.9 percent YTD.

Best performing Aristocrats in 2020

The above shown stats are based on closing prices as of November 18, 2020. Please note that Ross Stores (ROST) was cut from the index earlier this year because of the suspended dividend. Ross had just been added to the Dividend Aristocrats Index by S&P this January as on of seven newcomers.

Some interesting stats and facts on the Dividend Aristocrats in 2020: Albemarle announced a 4.8 percent dividend hike earlier this year, marking 26 consecutive years of dividend increases. Worst performing Aristocrat Exxon skipped its annual dividend increase in 2020, ending a streak of 37 consecutive years of announcing a dividend increase by the troubled oil and gas company.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Sep 23 SRE 3.4% 5.3%
Sep 23 RL 2.5% 0.0%
Sep 23 FLS 2.3% 0.0%
Sep 23 XRAY 0.7% 10.0%
Sep 23 IFF 2.4% 2.6%
Sep 23 MDT 2.0% 8.6%
Sep 24 EQR 3.0% 0.0%
Sep 24 GE 0.3% 0.0%
Sep 24 CERN 1.2% 0.0%
Sep 27 LRCX 1.0% 15.4%