Top Dividend Aristocrat Stocks: June 2010
- July 5, 2010
- Dividend Investing, Dividend Stocks
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The month of June was not kind to investors with the Dow Jones index falling 362 points. The S&P 500 index fell over 5%. The second quarter ended on a very bearish tone after reaching 52-week highs in April.
Dividend stocks were not immune to the market selloff. The S&P 500 Dividend Aristocrats index fell 4.6% and just marginally outperformed the broader index.
Only 7 of the 43 dividend aristocrat stocks managed to post gains in June.
Archer-Daniels-Midland – up 2.2%
Brown-Forman (B) – up 3.2%
Consolidated Edison – up 1.2%
Johnson & Johnson – up 1.3%
Eli Lilly – up 2.2%
McGraw-Hill – up 1.2%
Questar – up 1.4%
Of these 7 top dividend aristocrats for June, only Questar and Brown-Forman have posted positive gains for the year. In fact, midway through 2010 only 14 of the 43 dividend aristocrat stocks have posted positive returns this year. Meanwhile, 29 dividend aristocrats have seen their shares drop (including massive losses from Air Products & Chemicals and Walgreen).
