March 2020 Dividend Aristocrat Update

There are now 66 div­i­dend aris­to­crats. And, as always, I refer you to Sure Dividend where they have the lat­est updates to the div­i­dend aris­to­crats along with an in-depth analy­sis.

It’s a pret­ty uncer­tain time. And while I used to be more black-and-white in my think­ing, I’m less cer­tain as I grow old­er. Some com­pa­nies are cut­ting div­i­dends, oth­ers aren’t. Which com­pa­nies are doing the right thing?

That’s why, when I saw that Disney cut their div­i­dend I was actu­al­ly glad. I don’t hold Disney, but I hope that they’re sig­nal­ing val­ues. I don’t believe that they’re sig­nal­ing dis­tress. I hope that they’re say­ing… we are not going to con­tin­ue as-is with our investors, when our employ­ees and cus­tomers are suf­fer­ing.

In truth “in these uncer­tain times” any­where you can find a bit extra cer­tain­ty brings com­fort. The div­i­dend aris­to­crats do that for me. I haven’t had any div­i­dend cuts this time around (in fact, I’ve got­ten a raise when Apple, not an aris­to­crat but has a very strong bal­ance sheet and cash flow, report­ed earn­ings last week).