What is a dividend aristocrat?
The term comes from the US, where S&P defines a Dividend Aristocrat as a company that has increased its dividend for 25 consecutive years. We use a slightly looser Indian definition: any Nifty 50 company that has paid a cash dividend in at least 10 consecutive calendar years. The 25-year bar is hard to clear in India simply because most listed names are younger than that.
How to read the columns
- Streak: consecutive calendar years with at least one cash dividend.
- Yield: trailing-12-month dividend divided by current price. A 2.5% yield on a stock with consistent growth is more interesting than a 6% yield on a one-time payout.
- 5y Growth: 5-year CAGR of the annual dividend amount. Positive numbers here are what separate the real compounders from companies that pay a stable but never-growing dividend.
- TTM Div: sum of all dividends paid in the trailing 12 months.
What this list is, and isn’t
This is a starting point for income-oriented portfolio research, not a buy list. A long dividend streak signals capital discipline and a willingness to share cash with shareholders, but it doesn’t guarantee future returns. Pair this with our DCF valuation tool to check whether the stock is trading below intrinsic value, and our Edge personal coach to see your historical win-rate on dividend-stock setups.