The DivGro Weekly—11.06.21

73 Consecutive dividend increases

This week we secured our 73rd consecutive correctly predicted dividend increase when HEICO raised their dividend by 12.5%.

We also received our quarterly dividends from Microsoft and S&P Global.

Commenting on HEICO's dividend increase, CEO Laurans Mendelson noted that since taking over as CEO in 1990, supported by consistently rising dividends, each HEICO share has appreciated from $8.38 to $5,361 (640x, split adjusted) for a compounded annual growth rate of approximately 24%.