Good Afternoon,
I wanted to let you know that I have just added to our position in another high-quality dividend growth company within the MP Wealth-Builder Model Portfolio (CDN). It is a dividend aristocrat with a 25-year track record of annual dividend increases. Over the past decade, it has managed to grow dividends at an annualized rate of 17.0%. 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.
If you’ve been considering upgrading your subscription, remember that some of the best opportunities are identified before they become obvious to the broader market. Paid subscribers receive every buy, sell, trim, and portfolio update in real time, allowing them to follow our process as it unfolds rather than reading about it after the fact.
