The DivGro Weekly—24.09.21

79 Consecutive dividend increases

This week two more of our companies announced dividend increases - Texas Instruments raised its dividend by 13% and American Tower by 15%. Since DivGro's inception we have already predicted and benefitted from 79 consecutive dividend increases, with an average increase rate of 14.6%.

We also received our quarterly dividend from Home Depot.

Texas Instruments is the leader in analog semiconductors, providing an inexpensive but mission critical component to customers. TI's peerless scale means it can offer the sharpest prices while enjoying the highest margins. Compared to the fast-moving digital space, analog semiconductors are seen as boring meaning analysts are generally disinclined to (properly) price this outstanding dividend growth machine at the premium it deserves. TI has raised its dividend consistently for 18 years at an astounding average rate of 25% per year. Our TI dividends are already 49% higher than when we initiated our position.