The lone deletion was a telco, CenturyLink ( CTL), which is probably a candidate to bring down its annual payment of $2.90 a share, which equates to a gaudy forward yield at 8.2%, costing the company $1.79 billion per year.

After this reshuffling, the "Aristocrats" list has 91 companies on it. The average yield of the stocks on the list before these changes was 2.2%.

Of the companies being added to the list, AT&T has the highest forward yield at 6.1% followed by HCP at 5%; Sysco and Nucor at 3.7%; Genuine Parts and Illinois Tool Works at 3.1%; Medtronic at 2.7%; Colgate-Palmolive at 2.6%; T. Rowe at 2.3%; and Franklin Resources at 1.1%.

-- Written by Michael Baron in New York.

>To contact the writer of this article, click here: Michael Baron.

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Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

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