The DivGro Weekly—30.07.21

76 Consecutive dividend increases

This week we captured three outstanding dividend increases: Cintas +27%, MSCI +33% and Wingstop +21%.

To date we have correctly predicted and benefited from 76 consecutive dividend increases at an average increase of 14.66%.

Cintas - the world leader in uniforms, fire safety and first aid services - recently appointed Todd Schneider, a non-family member, as CEO (family members remain as chairman and largest shareholders). Schneider began his career with Cintas in 1989 and in a strong sign of maintaining Cintas' culture his first act as CEO was to announce a 27% dividend increase - extending the company's superb record of 38 consecutive years of rising dividends at a compounded average annual rate of 19%.