2022 Week 25: Polaris Inc (NYSE: PII)

Portfolio Update

The FiveTwenty portfolio received $205.14 in dividends in the past week. K, MMM, ORI, and PII paid their quarterly dividend during the week.

Past Week Dividend$205.14
Current Quarter Dividend (Q2 2022)$1,109.50
LifeTime Dividend$4,394.17
Estimated Annual Dividend$5,510.47
Dividend Scorecard

The capital allocation for the week of 06/19/2022 to 06/25/2022 will be used to add to our position in Polaris Inc (NYSE: PII).

PII – Position Update

Since our last check-in on PII in week 21 of 2022, the have not been any significant developments. The share price decreased 1% from $98.57 to $97.54.

TTMPrev. Update10-year median
Dividend Streak27 years27 years
Yield2.62%2.57%2%
Payout Ratio27.68%127.68%1
P/E11.99112.121
Entry Criteria Scorecard

1 computed using TTM adjusted EPS of $8.13 as of Q1 2022.

Q1 2022 earnings report

Did PII’s latest earnings report raise any warning flags?

We discussed PII’s Q1 2022 earnings report in our previous update.

Revenue
(in millions)
Adj. Net Income
(in millions)
Adj. EPS
.
Q1 2021$1,951.1$145.6$2.30
Q1 2022$1956.8$79.2$1.29
% Change0.3%(45.6)%(43.9)%

Thesis

Why are we adding to our position in PII?

With no new developments our investment thesis remains unchanged from the previous update.

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