Good Morning,
I wanted to let you know that I have just initiated a new position in another high-quality dividend growth company within the MP Wealth-Builder Model Portfolio (USA).
The stock offers well-rounded investment appeal, combining a strong record of shareholder returns with solid operating performance. The company recently joined the ranks of Dividend Kings after increasing its dividend for 50 consecutive years.
The shares remain sensibly valued, while the latest 13.6% dividend increase was broadly consistent with the company’s ten-year average dividend growth rate. Supporting this dividend growth, the company’s most recent quarterly results featured record revenue of $1.57 billion and record adjusted EPS of $7.03, up 8% and 12% year over year, respectively.
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.
