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DIVIDEND UPDATE



During October we again saw the power of the DivGro philosophy in action. More of our holdings continued to announce dividend increases as anticipated by the DivGro system:

Starbucks +13.9%
Visa +20.0%
Cintas +24.4%
Abbvie +10.3%

We thought it might be a nice idea to show you how and where these increases are described by the companies themselves. By way of illustration here is the Visa release:




Unlike prices which fluctuate every day, the essence of the DivGro system is that these dividend increases are received in real cash into our account. We look forward to paying the maiden DivGro dividend distribution soon.

With this kind of dividend growth even a modest initial yield can grow materially over time.

Achieving dynamic dividend growth is most important to us because it increases our cash flow which ultimately drives long term capital appreciation.

Sincerely,

Jonathan & Barney
In case you missed our last update we have included it here:
 
During September we saw the power of the DivGro philosophy in action. Some of our key holdings announced dividend increases as the DivGro model expects:
 
Microsoft +10.9%
Texas Instruments +16.9%
American Tower +13% (annualized, this company increases the dividend every quarter, this quarter by 3.3%)
 
Achieving this dividend growth is important because it increases our cash flow which ultimately drives long term capital appreciation.
 
In the Weekend Australian there was an interesting article by the CEO of investment house Grant Samuel, please see attached.
 
We think this article is a very strong endorsement of the DivGro strategy of investing in outstanding global companies that are able to pay consistent, sustainable, fast growing dividends.  

Sincerely,

Jonathan & Barney
Disclaimer:
 
DivGro Pty Ltd is a Corporate Authorised Representative (CAR No. 1277044) of Lanterne Fund Services Pty Ltd (AFSL No. 238198). The DivGro Fund is open to wholesale investors only, as defined in the Corporations Act 2001 (Cth). The Company is not authorised to provide financial product advice to retail clients and information provided does not constitute financial product advice to retail clients.

The information provided is for general information purposes only, and does not take into account the personal circumstances or needs of investors. The Company and its directors or employees or associates endeavour to ensure that the information is accurate as at the time of its publication. Notwithstanding this, the Company excludes any representation or warranty as to the accuracy, reliability, or completeness of the information contained on the company website and published documents.

The past results of the Company's investment strategy do not necessarily guarantee the future performance or profitability of any investment strategies devised or suggested by the Company.

The Company, and its directors or employees or associates, do not guarantee the performance of any financial product or investment decision made in reliance of any material in this document. The Company does not accept any loss or liability which may be suffered by a reader of this document.
Copyright © 2019 Divgo Pty Limited, All rights reserved.

Our mailing address is:
Suite 3, 23 Newcastle Street
Rose Bay, NSW 2029

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Divgro Pty Limited · Level 10, Hudson House · 131 Macquarie Street · Sydney, NSW 2000 · Australia

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