The DivGro Weekly—08.10.21

80 Consecutive dividend increases

This week we received our quarterly dividends from Nike and Domino's Pizza.

We also became entitled to our quarterly dividend from Roper Technologies.

As the clear number one in sportswear, Nike's lead over the competition is greater than ever. In the recent earnings call, CEO John Donahoe detailed Nike's peerless performance in the Tokyo Olympics where Nike's athletes won more medals than the top two countries combined, including all the gold medals in its key franchises of football and basketball. In track & field, where better equipment is understood to provide the greatest advantage, Nike's athletes won more individual medals than all other brands combined! Winning on the pitch has powered an excellent dividend record with Nike having raised its dividend for 19 consecutive years at a compounded average rate of 16.5% per year.