Dividend Growth Investments for September 18th
I added to an existing position today. The company is an international dividend aristocrat, selling at an attractive valuation. It increased dividends a few months ago, and has a strong collection of brands, sold around the globe.
I believe the company can grow for a much longer period of time than your average company. That's mostly because of the business it is in, alcohol, and the strength of the brands it owns. It's likely that people would still be drinking those brands 20 - 30 years from now, and the company would be enjoying higher earnings, dividends and intrinsic value.
I have included my analysis below:
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