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Wednesday, 04/26/2017 2:24:36 AM

Wednesday, April 26, 2017 2:24:36 AM

Post# of 4859
The ProShares S&P 500 Dividend Aristocrats (BATS:NOBL) ETF tracks the performance of the S&P 500 Dividend Aristocrats index. Dividend aristocrats are businesses that have a track record of increasing their dividend for at least 25 consecutive years, in addition to be Fortune 500 companies.

With the focus on companies that have a track record of increasing their dividend, unitholders of NOBL have seen the dividend increase every year since the inception. I will not be surprised if this trend continues as long as the companies continue their streak of increasing their dividends.

It includes companies such as Abbott Laboratories (NYSE:ABT), which has increased its dividend for 44 straight years, and AT&T Inc. (NYSE:T), which has done the same for 32 consecutive years.

Source: Dividend ETFs for 2017