The DivGro Weekly—15.10.21

80 Consecutive dividend increases

This week we received our quarterly dividend from American Tower and became entitled to our quarterly dividends from Mastercard and Watsco.

Today DivGro paid our 8th consecutive quarterly distribution to investors.

By leveraging its scale and cost advantage, over the last 31 years Watsco has built an enviable position as the undisputed leader in HVAC distribution in North America. With by far the best distribution network and lowest cost structure, Watsco benefits from the strong shift towards reduced energy consumption air-conditioning, heating and refrigeration. Watsco is ideally positioned to lead the upgrade and replacement of the 110 million HVAC systems currently installed throughout the U.S. still operating under old efficiency standards. Watsco is a dividend growth star having raised its dividend by an astounding 78x since 2000.