
The S&P 500 Dividend Aristocrats Index contains 69 dividend growth stocks, which are called the Dividend Aristocrats. With a few exceptions, the Dividend Aristocrats are S&P 500 companies that have paid higher dividends every year for 25 or more years.
In this article, I rank the Dividend Aristocrats by quality scores, categorizing them into undervalued and overvalued stocks.
I consider stocks undervalued if they pass two valuation screens.
- Forward dividend yield > 5-year average dividend yield
- Stock price < Fair Value estimate

I provide a downloadable spreadsheet with fundamental and added-value data of all the Dividend Aristocrats.