Ross Stores’ Amazing Record

I’m usually a bit wary of investing in retail although there are a few good names. One stock that deserves attention is Ross Stores ($ROST).

I can’t fully stand behind these numbers, but I believe Ross has one of the most impressive dividend records around. The company has increased its dividend for 17 straight years, which is every year that it’s paid one. According to my numbers, the company has raised its dividend by at least 14% for 16 of the last 17 years. I can’t confirm that, but it appears to be correct.

The stock just finished a blowout year and two weeks ago had a 2-for-1 split. In a few weeks, I expect to see another impressive dividend increase.

I don’t believe that last dividend data point on the chart was adjusted for the stock split.

Posted by on January 3rd, 2012 at 4:08 pm


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