Industrial Sector Shows 30 Of 50 Dividend Dogs 'Safe' In August
Dividend Dogs Rule
The "dog" moniker was earned by stocks exhibiting three traits: (1) paying reliable, repeating dividends, (2) their prices fell to where (3) yield (dividend/price) grew higher than their peers. Thus, the highest yielding stocks in any collection became known as "dogs."
What Industries In The Industrial Sector Show Up As "Safe?"
Industrial sector industries listing cash margins greater than their announced annual dividends include: shipping & ports; business services; farm & construction equipment; rental & leasing services; staffing & outsourcing services; business equipment; diversified industrials; aerospace & defense; industrial distribution; tools & accessories.
Top ten Industrial sector dogs showing the biggest dividend yields by this screen as of August 22 represented four industries: (1) shipping & ports had five stocks; (2) business services included three stocks; (3) farm & construction equipment had one stock; (4) rental & leasing services had one stock.
30 Industrials Have Cash Margins to Cover Dividends
Annual Safety Inspection
A previous article discussed the attributes of 50 Industrial stocks from which these thirty were sorted. You see below the list that passed the dividend "stress" test. These thirty Industrial dogs report sufficient annual cash flow yield to cover their anticipated annual dividend yield. The margin of excess is shown in... Read more