The DivGro Weekly—16.07.21

73 Consecutive dividend increases

This week we received our quarterly dividend from Heico, and became entitled to our quarterly dividends from Watsco and Abbott Laboratories.

Earlier this week we also paid our 7th consecutive quarterly distribution.

Abbott, held in the portfolio since inception, is an ultimate dividend star having increased its dividend continuously for 49 years. Abbott's world-leading glucose monitoring system - which helps more than 3 million people in over 50 countries - has proven so good it has been repurposed by Olympic athletes to optimise their training, including Eliud Kipchoge who credits it with helping him extend his legacy as the greatest marathon runner ever.