Two Companies. One Common Thread: Excellence.

Different sectors. Different stories. But both just delivered what matters most—shareholder returns and durable growth.

👋 Howdy Partner,

Today’s article will update you on two of Our Portfolio companies Q1 earnings.

One’s a quiet operator in the energy sector. The other? A global leader in animal health.

Different industries. Different challenges.

But both had something in common this quarter: they outperformed.

One posted record-breaking production and slashed its debt. The other kept growing - despite currency headwinds and rising competition.

Both returned serious cash to shareholders.

And both are proving - once again - why we own them.

These are the kinds of companies that make sure that the Dividends from Our Portfolio keep growing:

Let’s take a look.