A stock that pays dividends has increased dividends consistently for the last 25 years is called a dividend aristocrat stock. The dividend aristocrats are well-established companies and have been paying out dividends for a long time already. This signals to investors that these companies are reliable for long-term investment.
Why did the Aristocrat Leisure share price drop 8%?
The Aristocrat Leisure Limited ( ASX: ALL) share price has sunk 8% after the company delivered its FY22 result. Aristocrat Leisure is a major supplier of poker/gaming machines that are supplied to customers like casinos. It also has a growing digital gaming division.
Why is the aristocrat share price on watch today?
The Aristocrat share price will be on watch today after it revealed that one of its biggest rivals in the pursuit of Playtech has pulled out of the race.
