From Dividend Growth Stocks:
For investors in dividend growth stocks, The Broad Dividend Achievers™ Index is one of the most widely used resources. With 211 stocks on the 2012 list, it is certainly one of the largest lists and contains most stocks listed on other similar lists. In addition to the mainstream dividend growth stocks, The Broad Dividend Achievers lists many up-and-coming stocks that could one day find a place in our portfolios.
The Broad Dividend Achievers™ Index is comprised of companies:
1. Incorporated in the United States or its territories
2. Trade on the NYSE, Nasdaq, or AMEX
3. Have increased dividends 10 or more consecutive years
4. Have an average daily trading volume of $500,000 per day
Companies are weighted based on their market capitalization as of the last trading date in December. No constituent may weight more than 5% of the index on the annual reconstitution date or quarterly rebalance date. The index is reconstituted annually on the last trading date in January.
The 2012 edition of The Broad Dividend Achievers™ was recently released. The increase to 211 companies was made up of these additions and deletions...
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