5 Attractive Good-Yielding Industrial Stocks
Many industrial companies are paying dividends. According to Portfolio123's database, 484 companies with a market cap greater than $100 million and price greater than $1.00 are classified as industrial. Among these companies, 266 companies are paying dividends, and 88 of them have a dividend yield greater than 2.0%. I have searched for profitable industrial stocks that pay very rich dividends with a low payout ratio. Those stocks would also have to show a low debt. I used the Portfolio123's powerful screener to perform the search. The screen's formula requires all stocks to comply with all following demands:
The stock does not trade over-the-counter [OTC].
Market cap is greater than $100 million.
Price is greater than 1.00.
Sector is Industrial.
Dividend yield is greater than 3.4%.
The payout ratio is less than 100%.
Total debt to equity is less than 0.80.
As a result, only five stocks came out, as... Read more