Industrial Sector Dividend Safety Check Favors 20 Of 50 In October

The 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"?
The eight industrial sector industries listing cash margins greater than their announced annual dividends are: integrated shipping; business services; shipping & ports; business equipment; engineering & construction; diversified industrials; railroads; staffing & outsourcing services.
Top ten Industrial sector dogs showing the biggest dividend yields by this screen as of October 19 represented four industries: (1) integrated shipping had one stock; (2) business services included two stocks; (3) shipping & ports had six stocks; (4) business equipment showed one stock.
20 Industrials Report Cash Margins to Cover Dividends

Periodic Safety Inspection
A previous article discussed the attributes of 50 Industrial stocks from which these twenty were sorted. You see below the list that passed the dividend "stress" test. These twenty Industrial dogs report sufficient annual cash flow yield to cover their anticipated annual dividend yield. The margin of excess is shown in the bold face "Safety Margin" column.
Financial guarantees however are... Read more