...A. Today, Broadridge generates over $6 billion in total revenue, two-thirds of which is recurring. B. That recurring revenue has grown at a 10% annualized growth rate, or CAGR, over the last 10 years. C. And we've grown earnings at a 13% CAGR over that same period. D. That has resulted in an annualized total shareholder return, the combination of share price appreciation and dividend of 19% over the last decade, compared to 13% for the S&P 500. E. The third component is our dividend. F. We're committed to paying a strong dividend that grows in line with earnings. G. Rogers has made over 30 tuck-in acquisitions over the last decade to complement our products and to contribute to our strong organic recurring revenue growth. H. And fifth, we return any excess cash to you, our shareholders, through share repurchases. I. We expect the combination of strong cash flow and balanced capital allocation to drive return on invested capital to the mid to high teens. J. Over the last 12 months, we modestly...
