The DivGro Weekly—06.08.21
76 Consecutive dividend increases
This week we received our quarterly dividends from Stryker, Watsco and Lowe's, which we covered extensively in our recent investor letter.
We also became entitled to our quarterly dividends from Costco and MarketAxess.
While Stryker strives to be the leader in each of its medical technology product lines, we believe the real secret behind its dominance rather lies in the culture of its peerless sales force. For decades this edge has proven far too hard for competitors to break, formidable as they may be. This open secret has powered Stryker's 28 consecutive years of rising dividends, increasing at a superb annualised rate of 16% per year.