The DivGro Weekly—12.11.21

82 Consecutive dividend increases

This week Roper Technologies raised its dividend by 10.2%. Since DivGro's inception we have predicted and benefited from 82 consecutive dividend increases, at an average increase rate of 14.5% per dividend.

During the week we published our latest investor letter covering our excellent performance and detailing our thesis for why one of our favoured companies is perfectly positioned to extend its 4-0 lead even further for decades to come. Access the letter here.

We also received our quarterly dividend from Mastercard and became entitled to our dividends from Visa, Pool Corp, MSCI and Starbucks.

Roper Technologies is home to the most dominant software businesses you've never heard of. One example is its lock over automatic tracking and billing software for toll roads, highways and express lanes. Thanks to its privileged position as market leader in dozens of critical niche industries, Roper has raised its dividend for each of the last 29 years at a superb compounded average rate of 18% per year.