FactSet Raises Dividend by 13%

One of my former Buy List stocks, FactSet Research Systems (FDS), just raised its dividend by 13%. The quarterly dividend increase from 39 to 44 cents per share.

The company is expected to earn $5.60 per share, so it pays out a relatively small amount of profits, just over 30%.

FactSet is a wonderful company. Unfortunately, it’s one of those companies that I believe is consistently over-valued. The problem is that it never seems to revert to its fair price. It’s hard passing on stocks like that. The longer I invest, the more leeway I’ve learned to give high-quality stocks.

As Warren Buffett has said, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

Posted by on May 12th, 2015 at 2:26 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.