The DivGro Weekly—16.04.21

68 Consecutive dividend increases

This week Costco announced a dividend increase of 12.9%.

We also became entitled to our quarterly dividends from Watsco, Abbott Labs, American Tower and Mastercard.

We're pleased to note that our increased quarterly cash distribution was paid to DivGro investors yesterday.

Notably, this increased Costco dividend comes on top of the $10 per share special dividend we received in December. A dividend raising machine disguised as a supermarket, we covered Costco in more detail in our December letter.