1. EachPod

Snap-on: Nearly a Century of Dividend Growth and Tool Innovation

Author
Greg Denewiler
Published
Tue 16 Jul 2024
Episode Link
https://growmydollar.com/

More on dividend growth investing  -> Join our market newsletter!

In this episode of The Dividend Mailbox, Greg takes an in-depth look at Snap-on (SNA), a company with a rich history of tool innovation and consistent dividend payments since 1939.  He discusses the company's evolution from automotive tools to specialized equipment for various industries, its unique franchise model, and its financing arm. By examining Snap-on's business model, financial performance, valuation, management discipline, and potential risks, he makes the case that this seemingly "boring" business checks almost all the boxes and is a compelling investment idea for dividend growth investors.  

Send us a text


If you enjoy the show, we'd greatly appreciate it if you subscribe and leave a review


RESOURCES:

Schedule a meeting with us -> Financial Planning & Portfolio Management

Getting into the weeds -> DCM Investment Reports & Models

Visit our website to learn more about our investment strategy and wealth management services.



Follow us on:
Instagram | Facebook | LinkedIn | X


Share to: