Polaris Industries: Growth and Dividends at Reasonable Price
- By Ben Reynolds
The average population may not be too familiar with Minnesota-based Polaris Industries (PII). Dividend investors should familiarize themselves with the company.
First, Polaris is a Dividend Achiever - one of 274 stocks with 10+ consecutive years of dividend growth.
As this article will show, Polaris has produced phenomenal growth over the last decade. The company is currently trading for a PE ratio of 16.5. Polaris is an example of a shareholder friendly business with strong growth trading at a reasonable price. That's difficult to find in today's market.