"If this forecast is met, that would be Halma's forty-fourth consecutive increase in its annual dividend of 5% or more," said analysts at AJ Bell, who note this would keep it in the FTSE 100 elite list of just 15 companies to have managed to increase their annual dividend each and every year for at least a decade. The analysts explain how this dividend record has been accomplished is by providing "a solution to a problem", with its hazard detection, life protection systems, locks and devices helping companies meet regulatory requirements and keep staff, clients and customers safe. "The mandatory nature of investment in this area creates consistent business flows and sticky customers, a combination which gives Halma a degree of pricing power.