4 Dividend Aristocrats To Buy In June And 4 To Watch

Core Insights - The S&P 500 Dividend Aristocrats index now includes 67 companies, with recent changes including the removal of Walgreens Boots Alliance due to a significant dividend cut and the addition of Fastenal for its consistent dividend increases [2][3] - 3M is expected to lose its Aristocrat status following a spin-off that affects its dividend payments, marking a rare occurrence of a long-standing Aristocrat being removed from the index [3][2] - The article highlights the importance of Dividend Aristocrats as reliable income-generating stocks, suggesting they are a good starting point for long-term investment portfolios [3] Changes in the Dividend Aristocrats - Walgreens Boots Alliance (WBA) was removed from the index after cutting its dividend by nearly 50% [2] - Fastenal (FAST) was added to the index for its 25-year streak of annual dividend increases [2] - Other notable changes include the removal of V.F. Corp. (VFC) and the addition of Kenvue (KVUE), which was spun off from Johnson & Johnson [2] Performance and Projections - Analysts predict significant gains for several Aristocrats, with expected returns ranging from 16.43% to 22% by June 2025 [6] - The average net gain in dividend and price for the top ten Aristocrats is estimated at 19.5% on a $10,000 investment [6] - Specific projections include Chevron Corp. (CVX) expected to net $220.00, Kenvue Inc. projected at $216.93, and Exxon Mobil Corp. (XOM) at $202.88 [6] High-Yield Aristocrats - The article identifies four high-yield Aristocrats that meet the "dogcatcher" criteria, which are Realty Income Corp. (O), Franklin Resources, Inc. (BEN), Amcor plc (AMCR), and Kenvue Inc. [5] - The top ten Aristocrats by yield include a mix of sectors, with Realty Income Corp. leading the list [12][13] Analyst Insights - Analysts have provided median price target estimates that indicate potential upside for several Aristocrats, with Chevron Corp. and Kenvue Inc. showing the highest projected gains [14] - The article emphasizes the use of analyst estimates as a measure of market sentiment and potential investment opportunities [15]