The DivGro Weekly—04.06.21

72 Consecutive dividend increases

This week we secured our 71st and 72nd consecutive correctly predicted dividend increases. Powered by American Tower raising 15.5% and Lowe’s by a superb 33.3%, our portfolio average dividend increase is now 14.2%.

We also received our quarterly dividends from Visa and Zoetis, which we featured in our most recent letter.

This Lowe’s increase celebrates 60(!!) consecutive years of dividend increases at a rate of approximately 15% per year since its 1961 debut. Lowe’s is a perfect illustration of our model in action with its share price rising generally in lockstep with the rate of increase in its dividend – consistently for six decades.