The DivGro Weekly—19.11.21

83 Consecutive dividend increases

This week Nike increased its dividend by 11%, its 20th consecutive year of raising its dividend.

Since DivGro's inception we have predicted and benefited from 83 consecutive dividend increases at an average rate of 14.5%.

We also received our dividends from Costco, Abbott Laboratories and Texas Instruments.

Texas Instruments (TI) is the global leader in analog semiconductors, selling over 40 billion mission critical components, across 80,000 product lines, to over 100,000 customers. TI leads in both quality and quantity, while its peerless scale allows it to offer the sharpest prices. This means designers and engineers typically see TI's chips as indispensable. Because TI's chips are often so deeply embedded into customers' products, TI is effectively locked in (and competitors locked out) for the product's entire life. This unique structure ideally positions TI to extend its leadership and continue winning as products in every space are designed with increasingly sophisticated electronic applications. TI's privileged dynamic has enabled it to raise its dividend every year since 2004 at an astounding compounded average rate of 26% per year.