The DivGro Weekly—20.08.21
76 Consecutive dividend increases
This week we received our quarterly dividends from Abbott Laboratories, Clorox and Costco.
We also became entitled to our quarterly dividends from Cintas, MSCI, Visa and Wingstop.
By cleverly repurposing the traditionally highest margin and tastiest menu items - starters and sides - into 'centre of the plate' dishes, Wingstop offers customers a genuine treat and value for money while enjoying spectacular profitability. This has allowed Wingstop to open new restaurants at a rapid pace while at the same time growing its dividend even faster. Since initiating quarterly dividends in 2017, Wingstop has raised these dividends at a superb average rate of 25% per year (while also paying occassional huge special dividends).