WTS - 1 Unstoppable Dividend Stock Up 1810% Since 2000 to Buy and Hold Forever
2024-06-01 02:48:00 ET
For more than 150 years, Watts Water Technologies (NYSE: WTS) has provided plumbing, heating, and water quality solutions. Now home to one of the broadest arrays of products serving the residential, commercial, and light industrial industries, Watts has morphed into an unstoppable-looking dividend stock.
Delivering a total return of 1,810% since Jan. 1, 2000, the company has more than tripled the returns of the S&P 500 index.
Despite this incredible run, Watts may prove still to be early on its journey to providing outperforming returns to investors over the long haul. Here's why.
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1 Unstoppable Dividend Stock Up 1,810% Since 2000 to Buy and Hold Forever