Good Morning,
I wanted to let you know that I just bought another quality dividend growth company a few minutes ago for our USA model portfolio. It is a dividend achiever with an 11-year track record of annual dividend increases. Over the past decade, it has managed to grow dividends at an annualized rate of 12.0%. The shares look sensibly priced based on our valuation metrics…
As a long-term investor, I look for quality companies that grow earnings and dividends, and try to acquire them at a good price. Afterwards, the goal is to sit back, and let the power of compounding do the heavy lifting for me.
