The DivGro Weekly—27.03.26

215 Consecutive dividend increases

Weekly Dividend Progress

This week we received further real-time, tangible evidence of outstanding business progress when we collected our quarterly dividends from Poolcorp and Home Depot, both higher than this time last year.

How We Are Tracking

Since DivGro's inception we have predicted and benefited from 215 consecutive dividend increases across our portfolio companies, with no decreases. The average rate of these dividend increases is 14%.

DivGro in the Press

This week, we featured on The Blunt Dollar. The podcast is available on YouTube, Apple and Spotify.

Home Depot

Home Depot leads the trillion-dollar-plus US home repair, maintenance and improvement marketplace, with approximately 20% market share which it keeps increasing. It is closely followed by sister DivGro holding Lowe’s, with an approximate 13% share. As the advantaged, scaled leaders, both can profitably sell merchandise at price levels below most other competitors’ costs, making it near-impossible to dent their market stronghold. Since its 1987 maiden dividend, Home Depot has multiplied its dividend more than 5100x, driving a parallel uplift in its share price. Notwithstanding this success, the company reinvests and innovates tirelessly, sharing its unlocks with customers via reduced prices and optimised experiences so they can undertake more projects with Home Depot supplies. For example? Home Depot recently launched a suite of AI solutions to make its pro-customer base more efficient with software innovations including project planning, automatic material listing and ordering, and real-time multi-location delivery tracking. By consistently unlocking efficiencies and enhancing customer value, Home Depot is well positioned to extend its dominance in this large category, driving its dividends upwards for the foreseeable future.