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Yahoo Finance @YahooFinance · 2026-07-23

70 Dividend Aristocrats Face Their Mid-2026 Test: NOBL’s 2% Yield Under Pressure

Seventy companies have raised their dividends through every recession and rate shock for at least a quarter century, but a bruising few quarters for some of NOBL's most-watched names put that unbroken record under real pressure heading into mid-2026.

Quick take

The ProShares S&P 500 Dividend Aristocrats ETF, NOBL, has a 2% dividend yield built on 70 holdings with 25 consecutive years of dividend growth. Key holdings include Johnson & Johnson and Coca-Cola, with 64 and 60-plus years of consecutive dividend raises. NOBL's yield faces a test in mid-2026, particularly with Chevron's negative Q1 free cash flow.

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