The DivGro Weekly—18.12.20
55 Consecutive dividend increases
This week we captured very significant dividend increases from Zoetis (+25%) and Abbott Labs (+25%).
Notably, Abbott has paid 387 consecutive quarterly dividends (since 1924) and has increased their quarterly dividend for 49 consecutive years. Abbott CEO Robert Ford remarked that "we focus on paying a strong and growing dividend, it's part of our identity... we're going to continue to support that growth of the dividend".
We received our quarterly dividends from S&P Global and Moody's and our special dividend from Costco.