Effective diversification makes it possible for us to withstand economic cycles. Our companies span a diversified variety of industries, businesses and regions, delivering products and services to customers throughout North America and the rest of the world.
Combined with a focused management team and a strong balance sheet, effective diversification has delivered dependable returns for shareholders over the past 10 years, regardless of market conditions.
The strength of our business model - being diversified, disciplined and dependable - was reflected by our ability to grow our dividend to $2.01 per share on an annualized basis.
The increase, our 11th in 12 years, is indicative of the power of our business model.