By Dr. David Edward Marcinko MBA CMP®
SPONSOR: http://www.CertifiedMedicalPlanner.org

A Dividend Aristocrat is a stock that has exhibited a remarkable level of consistency, measured by the fact that only those S&P 500 companies that have increased their annual dividend for 25 straight years — or more — can be called one. The name was coined by cable TV personality and investor Jim Cramer
These companies have raised their dividends through good times and bad, including recessions, crashes, and pandemics. Being able to continue doing so is a tribute to their stability and strength. Now, the past 18 months have been a particularly difficult economic environment to operate in, and some companies were forced to slash or hold the line on their dividends as a result.
CITE: https://www.r2library.com/Resource/Title/0826102549
But others are just fine, like investment manager T. Rowe Price (NASDAQ: TROW), which increased its dividend for the 35th straight year in 2022. It is located in Baltimore Maryland not far from where I grew up. In fact, I used to play stick ball, as a kid, in the parking lot.
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CITE: https://www.r2library.com/Resource/Title/0826102549
FOREWORD: https://healthcarefinancials.files.wordpress.com/2007/10/dr-getzen.pdf
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Filed under: Book Reviews, CMP Program, Glossary Terms, Investing, Touring with Marcinko | Tagged: Certified Medical Planner™, CMP, dividend aristocrat, jim cramer, T. Rowe Price |
GE is NOT an Aristocrat
General Electric Co. declared Friday a regular quarterly dividend of a split-adjusted 8 cents a share, which effectively keeps it at the same relatively low-yielding rate for the past three years. To the industrial conglomerate’s shareholders of record on Sept. 27, the dividend will be payable Oct. 25. The 8-cent dividend, following the 1-for-8 reverse stock split that went into effect in early August, is the same as the 1-cent dividend GE has paid out since December 2018, which was cut from 12 cents as GE tried to dig out of a cash-flow hole. GE’s stock slipped 0.3% in afternoon trading Friday.
At current stock prices, the annual dividend rate implies a dividend yield of 0.31%, compared with the yield for the SPDR Industrial Select Sector ETF of 1.25% and the implied yield for the S&P 500 of 1.34%, according to FactSet. GE’s stock has lost 5.5% over the past three months, while the industrial ETF has slipped 0.5% and the S&P 500 has gained 5.9%.
Hank
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