The DivGro Weekly—30.04.21

68 Consecutive dividend increases

This week we received our quarterly dividends from Stryker, American Tower and Watsco.

We also became entitled to our quarterly dividend from Texas Instruments.

Amazingly, Watsco has grown its dividend from 10c per share in 2000 to $7.80 per share today. Not surprisingly, Watsco’s mastery of its niche in HVAC distribution has enabled it to provide its shareholders with a total return of 18% annually for the last 30 years - a feat matched by the tiniest sliver of elite companies.