55 years of continuous dividend increases and strong free cash flow growth

This time, we focused on a company that is one of the stable dividend kings with a history of more than 50 years of regular dividend increases. For the last quarter of 2025, the company announced a dividend increase to $0.53 per share, continuing its long-term commitment to shareholders. At the same time, the company is showing strong financial health, with free cash flow growing more than 380% to $242 million in 2024 and net income reaching $60 million for the first quarter of 2025.

The company emphasizes sustainability and growth in its operations, as evidenced by the decline in debt and the strengthening of its own capital structure, which has grown steadily to more than US$1.1 billion in recent years. The return on invested capital is also in excess of 15%, underlining the ability to effectively capitalise on invested funds. Despite these positive indicators, the company remains cautious and is looking for low single-digit revenue growth this year, while preparing for possible…