Brian Bollinger, Simply Safe Dividends

This Stock Should Continue Rewarding Shareholders With Predictable Dividend Growth For Years To Come

The company enjoys an asset-light model which generates consistent free cash flow, holds profits fairly steady during industry downturns thanks to its variable cost structure, and earns solid returns on invested capital. When combined with management’s conservative capital allocation and the essential logistics services it provides, the company has been able to reward shareholders with higher dividends each year since it went public in 1997.

This Stock Has Paid Uninterrupted Dividends Since 1969

Warren Buffett’s Berkshire Hathaway and Bill Gates’ Foundation Trust both own stakes in the company, so it’s no surprise that it appears to have several enduring competitive advantages. The company’s global scale, hard-to-replicate global transportation network, and continued investments in efficiency initiatives seem likely to keep it at the top of its industry and paying safe, growing dividends for many years to come.