
The “Dividend Aristocrats” club is popular among investors, and with good reason. This select group of S&P 500 Index ($SPX) companies have been raising dividends consecutively for 25 years or longer, which means the group comprises reliably wealth-generating names such as Walmart (WMT), Exxon Mobil (XOM), and PPG Industries (PPG).
Based on the criteria for entry, Dividend Aristocrats are stable, mature businesses typically characterized by a strong financial position and a well-established standing in their respective industries. As a source of passive income, investing in these companies can help add some relative stability and predictability to an investor's equity portfolio.