Why own Artisan Partners Asset Management Inc?

Artisan Partners is a global investment manager.

As I was exploring potential investments in January, I came upon APAM. After looking at the business model and the potential for income, I bought 100 shares. I suspected that a dividend increase was coming, and I wasn’t disappointed. In fact, the increase was for more than I expected. The growth potential for this investment looks very favorable.

Artisan Partners has an unusual regular and special dividend combination. The yield is excellent.

A Dividend Growth Story

APAM has a dividend yield of 5.95% and a dividend payout ratio of 85.08%. APAM has a 7-year record of increasing dividends, and a desirable 5-year growth rate of 4.94%. A comparable company would be AB (Alliance Bernstein Holding L.P.)  This investment is in the Financial sector and is in the “Asset Management and Custody Banks” industry.

This image was taken before the special dividend increase was announced.

Business Profile

My office at Universal Foods wasn’t far from Artisan’s Milwaukee offices.

Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit-sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds, and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe.

It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.

APAM is a good growth investment story.

Full Disclosure

I hold 100 APAM shares that I purchased in 2021. I plan to add more shares over time.

Investor Link for APAM