This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Polaris Industries' CEO Hosts Analyst And Investor Meeting (Transcript)

Long term shareholder returns is really the key. We obviously understand that no matter what we do we can’t dictate how the market reacts, but we know if we continue to put up the fundamentals, over time we’ll be rewarded for it. And I think you can see in the five-year chart, we have been.

Don’t forget, we still pay a healthy dividend given where the stock price is, we’re right about, above or below 2% after that 64% increase we did this year. So we’re very committed to a disciplined capital allocation model. I will tell you that as we look forward, some of these tax increases and the dividends ultimately are taxed to 35% of the corporate level and 43% going out the door. We may rethink these healthy dividend increases, but we’re committed to rewarding our shareholders that way.

Return on Invested Capital. This is one where not only do we beat our peer group by a mile, but you can also see almost any company out there or industry, industrial average you’ll see we’re way ahead and as we continue to invest, don’t think we’re going to lose the discipline we’ve had to continue to drive these returns.

This is something you probably don’t see very often, but we at every single leadership team meeting we review these because my belief is that if we continue to put up good net income numbers and good top line growth number that can happen over the short term. But if we let these fundamentals start to drift south, we’re going to feel the pain. So we work very hard to make sure that we never let ourselves get our eyes off this. So best people, best team, you’ll see that today, you’ll see it as you talk to our people out in the display room, you’ll see it at the ride site today. Really it’s the people who that make up the difference at Polaris. We’ve added over 2000 employees over the last couple of years and as we’ve added we’ve actually gotten stronger.

4 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.27 0.00%
FB $101.00 0.00%
GOOG $684.12 0.00%
TSLA $149.00 3.70%
YHOO $27.10 0.00%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs