Back in May 2010, programmer and crypto miner Laszlo Hanyecz purchased two pizzas for 10,000 Bitcoin (CRYPTO: BTC), making it the first recorded purchase of a physical good using a cryptocurrency.
Food inflation is now up 11.2% for the 12 months ending in September, and the figure has a striking detail: food at home inflation is up 13%, while food away from home is only up 8.5% over the last 12 months.
When firms increase their dividends, it is typically a positive sign that they are generating excess cash flows that can be distributed to shareholders.
Additionally, investing in a firm with consecutive dividend hikes, is a sign that the company has strong fundamentals.