By Daily Crux Contributor Ryan Lepine:
The U.S. uses the Bureau of Printing & Engraving to print its bank notes. But many countries outsource their banknote printing.
Most of these countries turn to De La Rue Company (LSE: DLAR) to print their banknotes and postage stamps. Many of these are newer contracts (in the last 10 years or so), with larger countries. For example, De La Rue has printed bank notes for the UK since 2003. De La Rue also does passports and other secure identification products.
As you might expect, business is booming at De La Rue. Dividends almost doubled from last year (21.4 pence/share to 41.1 pence/share). Read on for an interesting and short history of the "money printer to the world…"
Read full article...
More Cruxallaneous:
Jim Rogers: The 21st century will belong to China
Casino mogul Steve Wynn awesomely blasts the government
Mega investor: Don't buy gold for inflation protection, buy this instead