we have on the Dividend Achievers list. The main reason for the difference is that the Dividend Achievers index committee removes companies that are not actively traded. To a long-term investor like myself, I could not care less if the companies I own trade 100 or 100 million shares per day. But in the increasingly indexed world we live in today, index committees have minimum volume requirements for companies that need to be included in a certain index. Fun fact, my least liquid investment is Hingham Institutions for Savings (HIFS), which has been a six-bagger since I bought it in 2010. It is on David Fish’s list, but not on the Dividend Achiever’s list.
So if I were looking for a good list of dividend achievers, I would bump that group against the list maintained by David Fish. His list is not without some imperfections either, though they are not as glaring. For example, it has excluded Abbott (ABT) after the 2013 split into two, which has raised dividends or over four decades. This is where it helps to do your own analysis, and do your own due diligence, rather than rely on third parties for everything.
Full Disclosure: Long JNJ, XOM, PG,CVX, WMT, KO, VZ, IBM, ABT, HIFS,ADP
Relevant Articles:
- The New Dividend Achievers of 2010
- 1991 Dividend Achievers additions- Where are they now
- Why do I like Dividend Achievers
- Dividend Conspiracies
- Dividend Champions – The Best List for Dividend Investors
Article by Dividend Growth Investor
