Top Dividend Aristocrat Stocks: July 2010

The stock market bounced back nicely in July after two very difficult months. The Dow Jones index rose by 691 points, while the S&P 500 index gained nearly 7%.

 

The Dow’s strong July performance was led by dividend stalwarts DuPont [[DD]] and Caterpillar [[CAT]]. Both stocks gained over 16% in July and also happen to be two of the least covered stocks in the Dow.

 

The dividend aristocrat stocks managed to outperform the market once again in July with the group gaining 7.6% on average. In fact, only two dividend aristocrats saw their stock prices fall in the month of July (Johnson & Johnson and Sherwin-Williams). The remaining 41 stocks all posted positive gains for the month with 15 companies posting double-digit gains.

 

Here is a look at the top dividend aristocrat stocks for July:

 

AFLAC [[AFL]] – gained 15.3%

 

PPG [[PPG]] – gained 15.0%

 

Stanley Black & Decker [[SWK]] – gained 14.8%

 

Dover [[DOV]] – gained 14.8%

 

Emerson Electric [[EMR]] – gained 13.4%

 

W.W. Grainger [[GWW]] – gained 12.6%

 

Sigma Aldrich [[SIAL]] – gained 12.6%

 

Questar [[STR]] – gained 12.2%

 

Air Products & Chemicals [[APD]] – gained 12.0%

 

V.F. [[VFC]] – gained 11.4%

 

Pitney Bowes [[PBI]] – gained 11.2%

 

Bemis [[BMS] – gained 11.0%

 

Brown-Forman (B) [[BF-B]] – gained 10.4%

 

Cintas [[CTAS]] – gained 10.4%

 

Coca-Cola [[KO]] – gained 10.0%

 

Family Dollar Stores [[FDO]] fell just short of the double-digit mark, gaining 9.7% for the month. FDO has also been the top dividend aristocrat for 2010, with their stock price up an amazing 48.6% for the year. Meanwhile, the S&P 500 index has fallen 1.2% since the beginning of 2010.

If you enjoyed this article then we invite you to subscribe to our free dividend newsletter.

  

Leave a Response: