These Three Industrial Distributors Just Raised Their Dividends
Long-Term Horizon, Dividend Growth Investing, Growth, Long Only
Seeking Alpha Analyst Since 2007
I am a self-taught individual investor and I have been investing in stocks for approximately 20 years. I focus on dividend growth investing with a long-term horizon since I believe in the compounding power of dividend growth investing. I generally look for undervalued large cap stocks with sustainable dividend growth and capital appreciation potential. My second focus is tech and small- or mid-cap stocks with or without dividends for their growth potential. I try to provide a little more in depth analysis weighing the positives and negatives. You can see my performance at my Tip Ranks profile. I am now in the Top 100 out of 13,540 (73rd and in the top 1.0%) financial bloggers (August 2022).
You can follow me at my blog Dividend Power.
Read my e-book --> 10 Forever Dividend Growth Stocks
I also write stock analyses for Sure Dividend as a part-time free lance equity analyst. I provide investment analyses and research for their Sure Analysis Research Database. Additionally, I write stock snapshots and other research for Portfolio Insight.
Summary
- Summary analysis of three industrial distributors that just raised their dividends.
- Focus is on their suitability as dividend growth stocks for further evaluation.
A summary analysis of MSC Industrial Direct (MSC), Fastenal (FAST), and W.W. Grainger (GWW) with a focus on their suitability as dividend growth stocks for further evaluation. All three stocks just raised their dividends. MSC Industrial has raised the dividend for 16 straight years, Fastenal has raised the dividend for 22 years, and Grainger has raised the dividend for 47 years. Grainger is a Dividend Aristocrat and will likely become a Dividend King.
This article was first published at Dividend Power on July 24, 2019.
Please click here to read the full article at Dividend Power.
Analyst's Disclosure: I am/we are long MSM.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.