stock market index is the standard and poor's 500 index.
stock market index is the standard and poor's 500 index.
what is the standard and poor's 500 index?
stock market index
standard & poor's, a company that provides financial information and analysis, was founded in 1860 by henry varnum poor. the "composite index", as the s&p 500 was first called when it introduced its first stock index in 1923, began tracking a small number of stocks. three years later in 1926, the composite index expanded to 90 stocks and then in 1957 it expanded to its current 500. in 1941, poor's publishing (henry varnum poor's original company) merged with standard statistics (founded in 1906 as the standard statistics bureau) and therein assumed the name standard and poor's corporation. its primary daily stock market index was the "s&p 90", a value-weighted index based on 90 stocks. standard & poor's also published a weekly index of the stocks of 425 industrial companies. the s&p 500 index in its present form began on march 4, 1957. technology has allowed the index to be calculated and disseminated in real time. the s&p 500 is widely used as a measure of the general level of stock prices, as it includes both growth stocks and value stocks.
s&p 500 index
to be eligible for the s&p 500 dividend aristocrat index, a stock must have increased their dividend payouts for a minimum of 25 consecutive years or more, must currently be part of the s&p 500 index and must have a minimum market capitalization of $3 billion. a committee at s&p global makes the final decision on which companies are included in the s&p 500 index and this then allows for eligibility for inclusion into the dividend aristocrat index. should a company reduce their dividend or be dropped from the s&p 500 index, the holding is automatically dropped from the dividend aristocrat list as well. the s&p 500 dividend aristocrat index has historically consisted of approximately 50 large cap companies with most of the stocks in this index rating b plus or higher on the quality scale. what stands out immediately upon review of the dividend aristocrat index is that unlike the s&p 500 index, there is a relatively small amount of technology holdings in the s&p 500 dividend aristocrat index.
s&p 500 dividend aristocrats