Top 10 Industrial Product Dividend Stocks
As the economy recovers and manufacturing picks up again, industrial product stocks should benefit. These high yield dividend stocks would potentially make a good addition to many portfolios by providing exposure to improving economic conditions with the added benefit of current income. Analysis The analysis was conducted by screening through stocks within in the sector and limiting the selections to stocks with a greater than 1% dividend yield with a desire to find at least a 2% dividend yield. The initial screen showed that there were 442 stocks in this sector and 116 offered a dividend yield at .1% or higher with the maximum yield at 9.1% for Ituran Location and Control Ltd. (ITRN). This analysis is limited by the stock screening tool that I used and one clear issue is that the dividends were not completely current in all cases. In cross referencing the Zacks.com tool against Yahoo Finance... Read more