Penske Automotive Group, Inc. (NYSE: PAG) today announced that it is increasing its quarterly dividend to 33c per share from 32c per share. This equates to a 3% qoq increase.
While “small” when considered in isolation, the most recent quarterly dividend increase is actually the Company’s 26th such consecutive quarterly dividend bump.
See here for why I believe PAG is a solid long-term hold for dividend investors:
Major Canadian Caterpillar dealer Toromont Industries Ltd (TSE: TIH CN) recently announced a deal to acquire Hewitt Group, a large Caterpillar dealer with 45 branches across Eastern Canada and approximately 2,000 employees. The deal was very well received by investors, who sent TIH stock up nearly 5% when the deal was announced on August 28.
You can read the announcement here:
https://www.toromont.com/newsdetails.asp?ReleaseID=1038349
You can click the link below to see my write up on TIH and why I believe it is an attractive investment for the long-term investor:
Heavy Duty Success: Toromont Industries Ltd.
Automobile dealership major Penske Automotive Group (NYSE: PAG) recently reported strong 2016 results, key highlights of which are shown below:
Shareholders were also rewarded with a 1 cent or 3% increase in the company’s quarterly dividend to 30 cents per share. This most recent dividend increase represents the company’s 23rd such consecutive quarterly increase 🙂
See below for why I think PAG is a good long-term hold for the serious dividend investor:
Kicking The Tires On A New Car…And On A New Investment.
Consumer goods major Church & Dwight Co., Inc. (NYSE: CHD) reported Q4 and fiscal 2016 numbers that were happily received by the Street and investors alike. Key YoY takeaways ( I prefer YoY numbers versus QoQ numbers…the former usually has less “noise”) include:
And for the “icing on the cake”, CHD announced that it is increasing its quarterly dividend by 7% to $0.19/share. Today’s dividend increase marks the company’s 21st consecutive year of dividend increases, and it has been paying a regular consecutive quarterly dividend for 116 years.
See below for my analysis on CHD and why I prefer the company over consumer products stalwart The Clorox Company (NYSE: CLX):
Toromont Industries Limited today announced it is increasing its quarterly dividend 6% to CAD$0.19 per share, and this represents the 28th consecutive year of dividend increases for the company.
See below link for news on 2016 financial performance and dividend announcement:
https://www.toromont.com/newsdetails.asp?ReleaseID=1010626
See below my rationale for investing in Toromont Industries Ltd.:
Heavy Duty Success: Toromont Industries Ltd.
Wolters Kluwer N.V. (the “Company”) is a global company Continue reading
As I said in the MY INVESTMENT PHILOSOPHY page on this site, I do not consider myself a GROWTH investor nor do I consider myself to be a VALUE investor. I keep reading and researching about different business and industries in an attempt to find those which I believe would make good long-term investments whether or not they fit into GROWTH of VALUE buckets. I have always been fascinated by advertising/marketing, and if my love for finance and investing weren’t so strong, I would have probably tried my hand at marketing.
Following my first “Boring Is Beautiful” post which highlighted insurance broker and risk management specialist Marsh & McLennan Companies (see Boring Is Beautiful: Marsh & McLennan Companies), logistics major C.H. Robinson Worldwide Inc. (Nasdaq: CHRW) is another company which I believe deserves an investor’s attention. Continue reading
Sometimes “simple” businesses can be the most attractive (and profitable) to own for the long haul. Continue reading
The Security Whisperer 