Toromont Industries Ltd. Announces 2016 Earnings and Increases Quarterly Dividend :):)

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.

 

 

Snap-On Incorporated (NYSE:SNA) Boosts Quarterly Dividend 16.4%!

SNA investors were handsomely rewarded with news of a 16.4% increase in its quarterly dividend to $0.71 per share. You can read the release below:

https://www1.snapon.com/display/233/Q42016DividendIncreaseFinal.pdf

You can check out my original post on why I believe SNA would make an excellent investment for the long-term investor:

Oh Snap! Snap-On Incorporated Looks Appealing.

 

Penske Automotive Group Increases Quarterly Dividend 3.6%.

Automobile retailer Penske Automotive Group (NYSE: PAG) announced a U.S. 1 cent increase in its quarterly dividend to U.S. 29 cents per share today. Today’s dividend increase follows similar increases announced in January, May, and July of this year, and amounts to a total increase over the final quarterly 2015 dividend of an impressive 16%.

You can read the announcement here:

http://investors.penskeautomotive.com/phoenix.zhtml?c=82644&p=irol-newsArticle&ID=2212893