3 Industrials For Dividend Growth Investors

I am personally finding plenty of interesting bargains and reasonable valuations in the industrial sector these days, one of the few places they exist.
Dividend investors might be tired of investing in the same old consumer staples or consider those trades too crowded to invest new money into. So where do they go?
Below I have outlined a few interesting industrial plays that have very cheap or reasonable valuations and competitive yields or future dividend growth prospects if the current yield is very low.

Crane Co. (NYSE: CR) is a $3.2b diversified manufacturer of Fiberglass paneling; telecom equipment; fluid handling parts, like valves and pumps; vending machines; aerospace components, including control systems; and more.
These product segments serve industries ranging from chemical to aviation to food and beverage, commercial construction, and power generation. The company might be best known for its vending machines, but rest assured there is much more here.
Fundamentals
Owning Crane Co. has been and will likely continue to be a bumpy ride. The below chart shows price, volume, and EPS:

EPS has grown 8.48% on an annualized basis over the past 5 years and free cash flow has grown a similar 7.13% over the same time frame.
The company's own goal, per their 2015 annual report, is to achieve 10% annualized EPS growth. It appears they have some work to do to achieve that goal.
2016 predictions were not strong either with the company... Read more