It's fair to say we're living in uncertain times. With tensions running hot in the Middle East and the Ukraine-Russia war stretching into its third year, the world economy also continues to face pressure from persistently high inflation due to elevated oil prices and supply chain bottlenecks.
In this type of environment, stocks that can offer some semblance of stability and reliability tend to gain popularity with investors. And this is where the “Dividend Aristocrats” come in. A title reserved for S&P 500 Index ($SPX) components that have maintained consistent annual dividend growth for at least 25 consecutive years, Dividend Aristocrats are generally considered to be fundamentally stable companies that have a stable and growing earnings base, steady cash flows, and a solid position in the market.
