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|
|Estimated Annual Dividend||$5,510.47|
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.
|TTM||Prev. Update||10-year median|
|Dividend Streak||27 years||27 years|
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.
|Adj. Net Income|
Why are we adding to our position in PII?
With no new developments our investment thesis remains unchanged from the previous update.