Meet the Little-Known, S&P 500 Dividend Stock That Has Rocketed 3,740% Higher Since 2000

Roper Technologies (NASDAQ: ROP) is a diversified technology company that has delivered total returns of roughly 3,740% since 2000. These returns are six times larger than the S&P 500's over the same time, making Roper one of the most successful stocks in the index.Despite this incredible run, the average person probably hasn't heard of Roper or its portfolio of roughly 28 independent businesses. Management beautifully summarized the company's operations in its 2023 Investor Day presentation, stating: "We compound cash flow by acquiring and growing niche, market-leading technology businesses."By targeting defensible niche markets, Roper has become a cash-generating machine that has raised its dividend payments for 27 consecutive years, growing its quarterly payouts 36-fold over that time.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool