Axos Financial (AX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its growth trajectory.
In recent years, however, AX has also been one of the most consistent dividend-driven companies in the industry, having earned $35 billion in FY18.
This is a direct result of the same year-long strong earnings season during which the company gained a bit of credibility as a dividend-paying company in September and November, and saw a lot of positive financial results.
AX’s long-term growth has been largely driven by high dividend income, which has helped to further support its revenue-boosted strategy.
To that end, AX has also maintained a strong dividend-driven strategy and has thus been the most consistent dividend-paying company in Europe for nearly two years.
Ax has also been the most consistent dividend-paying company in the European and global markets. This has been partially due to rising costs, which have made this business a high-effort asset for a long-term dividend-paying company.