The DivGro Weekly—01.10.21

80 Consecutive dividend increases

This week Starbucks raised its dividend by 9%.

Since DivGro's inception we have already predicted and benefitted from 80 consecutive dividend increases, with an average increase rate of 14.5%.

We also received our quarterly dividend from SBA Communications and became entitled to our quarterly dividends from Stryker and American Tower.

American Tower has raised its dividend every quarter since 2012 at a superb compounded average annual rate of 22%, including its latest dividend increase we mentioned last week. While our American Tower dividends are already 42% higher than when we initiated our investment, our total benefit is actually much greater than these higher dividends and corresponding share price appreciation. By raising its dividend every quarter American Tower gives us frequent, valuable, and positive feedback (in cash) about its progress and prospects as the leader in wireless telecommunications infrastructure.