The DivGro Weekly—03.09.21

76 Consecutive dividend increases

This week we received our quarterly dividends from Visa, MSCI and Zoetis.

We also became entitled to our quarterly dividends from Nike and Home Depot.

Having increased its dividend by an astounding 3759x since paying its maiden dividend in 1987, Home Depot is one of the greatest dividend raisers of all time and a key holding in the DivGro Fund since inception. Together with Lowe's (which we covered in detail in a previous investor letter), Home Depot enjoys enormous cost leadership in the home improvement category, which as its excellent CEO Craig Menear likes to remind investors at every opportunity 'enables market share growth in any environment'.