CSL - Carlisle Companies: A Soon-To-Be Dividend King With Tremendous Return Potential

2024-04-28 22:24:25 ET

Summary

• Carlisle Companies has seen significant stock appreciation and returns over the past three and ten years.
• The company reported strong earnings with sales growth and margin expansion in its segments.
• CSL has a positive outlook for future growth, with plans for M&A, increased dividends, and a focus on shareholder distributions.

Introduction

One of my most successful investments in recent years is Carlisle Companies ( CSL ) , a stock I bought at $211 in May of last year. Since then, shares have appreciated 90%.

Including dividends, CSL shares have returned 117% over the past three years, beating the S&P 500 by roughly 90 points....

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