FA Whitepapers

Recent White Papers  | Market and Economic Outlook


October 2019    

A Fundamental Look at S&P 500® Dividend Aristocrats®

Dividends have interested market participants and theorists since the origins of modern financial theory. As such, many researchers have investigated the various topics related to dividends and dividend-paying firms. Previous studies by S&P Dow Jones Indices have shown that over a long-term investment horizon, dividend-paying constituents of the S&P 500 have outperformed the non-dividend payers and the overall broad market on a risk-adjusted basis.1

1 Soe, Aye, “Dividend Investing and a Look Inside the S&P Dow Jones Dividend Indices,” September 2013, S&P Dow Jones Indices.