The DivGro Weekly—01.04.21
67 Consecutive dividend increases
This week we received our quarterly dividends from SBA Communications, Domino's Pizza and Nike.
We’re pleased to announce that we have increased our quarterly cash distribution to DivGro investors by 11.1%. This will be our 2nd annual double-digit increase and 6th consecutive quarterly distribution payment.
Interestingly, in a show of the strength of their cost leadership, Domino's just introduced a $3 pizza - which we anticipate will be a hit. While we think competitors can’t even make a pizza for $3, we estimate the Domino’s system will still profit by almost $1 on this item. This bodes well for our future dividend increases from Domino’s.