Dividend Growth Investor - Recent Buys for July 16, 2026

Good Afternoon,

I wanted to let you know that I added to two existing positions in the Dividend Growth Investor Newsletter Portfolio. These are firms that have been somewhat punished as of recently with the potential for increased competition from new entrants. I am taking the variant perspective that this is a possible over-reaction. That being said, these are somewhat cyclical as well, so if I am wrong, it could turn out to be a double-whammy (increased competition, along with overall softness in business and growth along with also an even lower valuation multiple). I guess that’s a tripple whammy potential.

Now that I have talked about the downside risks, perhaps I should mention the two companies I added to a few minutes ago.