In 2013, the revenues was $38 million. You fast forward 10 years later, nine years later, the revenues were $1.4 billion. Their net income again has gone from 7 million in 2013 up as far as 843 million in 2022. It just seems like money making machine. My only issue is the pay ratio is quite low, but they seem to be reinvesting that into the business more so than paying of dividends.
In today's show, we are discussing some great dividend growth stocks from Sweden. Actually, there were enough Swedish dividend stocks to choose from and it shows that the Nordics produce very stable businesses.
So, in today's show, we discussed the following topics:
- Johnson & Johnson's talc powder settlement and our thoughts about it
- 2 dividend hikes from $STZ and $FDX
- 7 Sweden dividend growth stocks: $AAK.ST, $ASSA-B.ST, $SWEC-B.ST, $WIHL.ST, $VIT-B.ST, $ABB.ST, $EVO.ST
- Your listener questions and some of the following stocks were mentioned: $ATCO.ST, $LOOMIS.ST, $AXFO.ST, $HPOL-B.ST, $FRE.DE, $CIBUS.ST, $JM.ST
We hope you enjoyed today's show and feel free to join the discussion in the Dividend Talk Facebook group: https://www.facebook.com/groups/dividendtalk