Five Dividend Giants Removed From the Dow Later Surged Over 150%

Industry
โดย 24/7 Wall St.·Read original
Summary · why it matters

Five dividend-paying companies removed from the Dow Jones Industrial Average over the past few decades went on to deliver strong returns, with some surging more than 150% while continuing to pay dividends above 5%. Altria, booted in 2008, saw its shares rise over 150% excluding dividends and has raised its payout for 57 consecutive years, most recently by 3.9% to $1.06 per share. AT&T, removed in 2015 to make room for Apple, still yields 5.06% and holds a Buy rating from 13 analysts. Exxon Mobil, dropped in August 2020 after 92 years, kept raising its dividend and later completed a $59.5 billion all-stock acquisition of Pioneer Natural Resources. International Paper, kicked out in April 2004, rebounded about 25% and delivered a total return over 100% with dividends factored in, while Pfizer, also removed in the August 2020 reshuffle, pays a 6.93% dividend and projects 2026 revenue between $59.5 billion and $62.5 billion.

Impact on stocks 9

Consumer Staples · 2 stocks
Altria Group
MO
▲ PositiveCapitalrelevance

Article notes Altria shares rose over 150% excluding dividends and raised payout for 57 consecutive years, but no new catalyst.

Biotech & Genomic Medicine · 2 stocks
Pfizer Inc
PFE
▲ PositiveCapitalrelevance

Article notes Pfizer pays 6.93% dividend and projects 2026 revenue between $59.5B and $62.5B, but no new catalyst.

Artificial Intelligence · 2 stocks
Materials · 1 stocks
International Paper
IP
▲ PositiveCapitalrelevance

Article notes International Paper rebounded about 25% and delivered total return over 100% with dividends, but no new catalyst.

Cloud & Digital Infrastructure · 1 stocks
AT&T Inc.
T
▲ PositiveCapitalrelevance

Article notes AT&T yields 5.06% and holds Buy rating from 13 analysts, but no new catalyst.

Energy Transition & Power Demand · 1 stocks
Exxon Mobil Corp
XOM
▲ PositiveCapitalrelevance

Article notes Exxon Mobil kept raising dividend and completed $59.5B acquisition of Pioneer Natural Resources, but no new catalyst.

Off-coverage companies 1

Pioneer Natural Resources CompanyPrivate▲ Positive
Capitalrelevance

Exxon Mobil's $59.5B acquisition of Pioneer is mentioned as a positive outcome after Dow removal, implying value for Pioneer shareholders.