20 income-building stocks that the numbers say could become elite Dividend Aristocrats

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These companies have been raising dividends significantly and steadily for at least five years.

Back in January, we took a deep look into three groups of Dividend Aristocrat stocks to show which ones had increased their payouts most significantly over the past five years. Now it is time for a follow-up on other companies that have the potential to earn the Aristocrat distinction.Altogether... Back in January, we took a deep look into three groups of Dividend Aristocrat stocks to show which ones had increased their payouts most significantly over the past five years.

The concept of building income over the long term is an important one. An investor who is interested in stocks of companies that pay dividends might focus on a high current yield . But a high current yield might point to a lack of confidence that the company can continue paying a high dividend. New screen: potential Dividend Aristocrats In the comments below the previous Dividend Aristocrats article, a reader had the following suggestion: “Can you run a screen solely on companies that have market caps > $8BN and increased their dividend payouts by 15% or more over the past 7yrs, 5yrs, 3yrs, and 12 months? That would capture some of those companies that aren’t yet Dividend Aristocrats but may be on the way to becoming one.

For the new screen we began with the S&P 1500 Composite Index and then made the following cuts using data provided by FactSet:

 

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