Yields on US dividend aristocrats currently average 2.4%, with consensus EPS growth of 8% for FY First, it's possible that Ares Capital, Energy Transfer, and Pfizer could reduce their dividends. I don't expect that to happen, though, since all three companies appear to be in a strong position to keep the dividends flowing and growing. Philip van Doorn writes the Deep Dive investing column for MarketWatch. Follow him on Twitter @PhilipvanDoorn. From April to June 2024, MSCI World High Dividend Yield Index outperformed the standard MSCI World by 1.3 percentage points. Portfolio rebalancing toward defensive dividend payers, particularly insurers and REITs, seems to be gaining momentum among fund managers seeking resilience in dividends investing.