Friday, March 26, 2010

Thompson Reuters Added

Thomson Reuters is an e-information and solutions company in the business and professional marketplace.

The company has a relatively stable revenue stream, with more than 85% of revenues realized on a recurring basis, and TRI's has a track record for generating significant free cash flow.

I am also excited about the fact that TRI will provide good diversification to the Dividend Lover Portfolio since it is highly unlikely that I will add another name in the Printing & Publishing sector.

And of course Thompson pays an eligible dividend, which is what the dividend lover portfolio is all about

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