Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

After years of stalling, the global economy is starting to grind forward in a meaningful way. For our Best Dividend Stocks List pick in industrial and electrical manufacturing, this has been a major boon. Since adding our pick back in December, the stock has gone on to produce an 8.78% gain for investors – enough to turn a $10,000 investment into $10,878.

See our original article on our pick here.

Driving that hefty total return has been the firm’s extensive moat serving multiple industries, including aerospace, transportation, electrical utility/grid and even the golf industry. Add in a lucrative tax-inversion done at the right time, as well as a boost from President Trump, and our pick has the goods to keep going in the future as the world’s economy expands.

To summarize, here are 5 reasons why you should own this stock:

  1. Expanding product portfolio that taps into a variety of mega-trends such as population growth, energy efficiency and automation.
  2. Low corporate tax rate versus rivals, thanks to its well-timed tax-inversion.
  3. Recorded total revenues of close to $20 billion in 2016, with about half of those coming from outside the U.S.
  4. Has been paying consistent quarterly dividends since 1923.
  5. Healthy payout ratio of 52% and growing yield of 3.23%.
To read the Full Story, Go Premium or Log In

Popular Articles

Premium Untitled%20design

Don’t Fight Demographics

Trends. These prevailing tendencies have a huge impact on our returns.

And we’re not just talking...

Premium Shutterstock 412610572

The Market Wrap for January 19: Investors Pay No Attention to Possible Government Shutdown

Despite the possibility that the U.S. Federal Government is once again going to shut down on...


Trending: Ford Says Goodbye to Mass-Market Cars

Dividend.com analyzes the search patterns of our visitors each week. By sharing these trends with...