The DivGro Weekly—15.01.21

55 Consecutive dividend increases

We received our quarterly dividend from Ecolab. 

We also became entitled to our quarterly dividend from Abbott Labs. As noted previously, this dividend is 25% higher than before. In our view, this significant dividend hike represents the completion of Abbott’s successful integration of St. Jude Medical, which was itself an emerging dividend growth powerhouse. With 49 sequential annual dividend increases already behind it, together with St. Jude, we think Abbott’s best days are ahead.