One of Warren Buffett’s tenant’s of investing is to focus on firms with strong moats. Well, when you’re one of the leading publishers of financial data that everyone on Wall Street uses, you have a big moat. And that’s just the case for our latest pick in the Best Dividend Protection Stocks Model Portfolio.
Our pick’s name is synonymous with indexing, financial data publishing, analytics and bond ratings. All of which are vital information for investors big and small to make decisions. It’s a good business to be in as it generates tons of fees and recurring revenue opportunities. All in all, our firm managed to pull in nearly $7 billion in sales last year. And thanks to high margins, profits have also been fat.
And there’s still room for growth as well.
Our pick recently announced a mega-sized merger with its rivals, creating a monster in the world of financial data-intensive aggregation. A monster that will have very robust cash flows and dividend safety. With that, our pick should have no problem growing its dividend for another 48 years.
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
