Wolters Kluwer N.V.

Wolters Kluwer, based in Alphen aan den Rijn, is a global provider of professional information, software and services for lawyers, accountants, doctors and businesses, from legal and tax platforms to clinical decision-support tools. Its shift to expert software and subscriptions has produced high margins and dependable, recurring revenue. Wolters Kluwer has raised its dividend for many years without a cut, funded by resilient, growing profits, and adds substantial buybacks. Dependable dividend growth from a high-quality information and software compounder gives it one of the stronger dividend profiles in the index.