"The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) generates income by holding companies with 25+ consecutive years of dividend increases-a proven track record of financial discipline and shareholder commitment. With $11.1 billion in assets and a 0.35% expense ratio, NOBL offers diversified exposure to 70 dividend aristocrats across sectors like Industrials (22.9%), Consumer Staples (20.8%), and Financials (11.1%). The fund's 1.02% yield may seem modest, but the focus here is sustainability and growth, not maximum current income."
"Caterpillar (CAT), the fund's sixth-largest holding at 1.69%, pays $5.84 annually with a conservative 30% payout ratio against $19.47 in earnings. This leaves substantial room for dividend continuation even during industrial downturns. CAT has raised its dividend annually for over a decade, most recently increasing from $1.41 to $1.51 per quarter in 2025-a 7.1% jump that signals confidence despite a 3.6% earnings decline."
NOBL invests in S&P 500 companies that have increased dividends for 25+ consecutive years, holding 70 Dividend Aristocrats with $11.1 billion AUM and a 0.35% expense ratio. The fund allocates across sectors led by Industrials (22.9%), Consumer Staples (20.8%), and Financials (11.1%), and yields 1.02% focusing on sustainable dividend growth rather than high current income. Top holdings illustrate payout discipline: Caterpillar (1.69%) has a $5.84 annual dividend and a 30% payout ratio; Johnson & Johnson (1.54%) pays $5.14 with 60+ years of increases; Albemarle (2.65%) maintains a $1.62 annual dividend despite lithium sector volatility.
Read at 24/7 Wall St.
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