Snap-on Incorporated is a steady performer with consistent revenue growth and rising dividends. The company operates in the industrial sector and benefits from the increasing age of cars and the need for repairs.
As we reach the 15th anniversary of the 2009 market lows, I am thankful to be a dividend growth investor. February brought several dividend increases to the portfolio, but there will be none in March. While the market as a whole is overvalued, several high-quality dividend growth companies look interesting at today's prices.
Stocks tumbled on February 13 as hotter-than-expected inflation data ignited a surge in Treasury yields. The Dow fell 1.35%, and the S&P 500 slid 1.37%, while the tech-heavy Nasdaq sank 1.8%.
KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on released 2023 fourth quarter and full year results today, including diluted EPS of $4.75 and sales of $1,196.6 million in the quarter.
Long-term dividend stocks can be a great vehicle for producing strong capital growth for your portfolio. This is a big reason behind the popularity of “dividend aristocrat” stocks, or stocks with a more than 25 year track record of dividend growth.
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