Growing Dividends From Industrial Goods
The industrial goods sector is scarcely spoken of in the financial media. This strikes me as odd since industrial goods are between commodity goods and technology goods in terms of complexity, yet the basic materials sector and the technology sector both receive more attention. Somehow components are less ineresting than the commodities they were made from and the products they are used to make. Regardless, there are great stocks to be found in rough and boring sectors. The following screen was performed to find attractive, dividend paying stocks: Dividend yield. Each stock pays a dividend yield of at least 2%, which is in excess of the 10-year Treasury bond and the dividend yield of the S&P 500. Long term historical dividend growth. Each of these stocks had over a 5% average annual increase in dividend payments over the past 10 years. (Oddly, historical dividend growth is seldom discussed.) Thus, each... Read more