ProShares S&P 500 Dividend Aristocrats ETF (NYSEARCA:NOBL) applies the most demanding standard of the three funds.
After reaching an all-time high of $179.10 in November 2021, Nike closed at $44.20 as of April 14th, which is equivalent to a ~75% decline in less than five years. The entrenched pessimism surrounding Nike's turnaround story is perfectly understandable, as the stock is currently trading at a price level last seen in October 2014, or almost 12 years ago. Apple's CEO Tim Cook and Nike's CEO Elliot Hill both purchased a noteworthy amount of shares on the open market over the last few days, signalling confidence around the turnaround plans.
Market volatility has rattled portfolios in 2026, with broad indexes pulling back as slowing growth weigh on sentiment.
Abbott Laboratories has declined over 16% since my last review, which was previously rated a HOLD, as the valuation was a little rich. The acquisition of Exact Sciences adds a solid piece to a company with a long, proven track record. The segments were kind of a mixed bag in the most recent earnings report, and I'll be monitoring the struggling areas to see where they might go.
Nike (NYSE: NKE) just delivered its latest quarterly dividend of $0.41 per share, paid on April 1, 2026, marking 24 consecutive years of dividend increases.
Realty Income is a core income buy in my portfolio. The net lease REIT's massive total addressable market allowed it to source a record $121 billion in 2025. Realty Income heads into 2026 with over $4 billion of dry powder on its balance sheet.
Union Pacific is just six years away from becoming a Dividend Aristocrat. The railroad operator is benefiting from nearshoring trends and improved operational efficiency, with the pending Norfolk Southern merger serving as additional growth fuel. Union Pacific's adjusted debt-to-EBITDA ratio closed out 2025 at 2.7x, which was in line with 2024.
Dividend Aristocrats, tracked via NOBL, outperformed SPY YTD despite a sharp March pullback, with 44 Aristocrats beating SPY and 17 posting double-digit gains. Momentum, valuation (via dividend yield theory), and projected long-term total return now guide Aristocrat selection, with 39 currently screening as undervalued and offering ≥10% expected annualized returns. Recent dividend increases from CL, GD, LIN, and O bring the 2026 average Aristocrat dividend growth rate to 3.40%, with Realty Income expected to announce further hikes throughout the year.
The J. M. Smucker Company (SJM) is upgraded to Buy, driven by operational improvements, portfolio rebalancing, and Elliott Management's activist involvement. SJM delivered Q3'FY26 revenue and EPS beats, with pricing actions offsetting volume declines and margin compression amid a tough consumer environment. Management targets >$1 billion FCF, significant debt reduction, and >10% total shareholder returns, supported by a 4.3% dividend yield and disciplined payout policy.
Volatility is again picking up, and it's a good idea to focus more on safety.
American Water Works is a real-life version of Monopoly's Water Works, returning steady and growing dividends to its shareholders for 17 years straight. AWK's $19 billion to $20 billion five-year capex plan (not including Essential Utilities) should power solid adjusted EPS growth. The water utility's debt-to-capital ratio remains below its long-term target, and it had almost $1.2 billion of liquidity to close out 2025.
The market is starting to flood back into defensive and Dividend Aristocrat stocks before the economic pendulum swings the other way.