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 Please help us personalize your experience.

Select the one that best describes you
Dividend logo

There’s no denying it, venerable General Electric is likely to struggle to remain within the Dow Jones Industrial Average.

With its second dividend cut in recent times, GE investors might want to look at alternative dividend candidates. The industrial manufacturer can no longer be considered as worthy for an income portfolio. But you know who can?’s Best Dividend Stocks List’s mega-manufacturer. With 59 years’ worth of consecutively increasing its dividend, our pick has the goods to keep your income stream alive in the wake of GE’s drastic dividend cut.

See the recent update on our pick here.

Driving those continued increases is one of the largest product mixes in the sector. The firm makes everything under the sun – from heavy-duty industrial equipment to household items. And increasingly, it’s selling those items all over the world. This includes a hefty dose of sales coming from faster-growing emerging markets. And with the global economy heating up, our dividend pick should be able to continue its pace of dividend increases, rising revenues, and profits in the new year.

With double-digit gains already booked for investors this year, the best days could still be ahead for our pick. And that should help investors forget about the pain at General Electric.

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

  1. Over $30 billion in sales last year, with around 60% coming from international markets.
  2. Has paid a dividend every quarter since 1916 and grown that payout for 59 consecutive years.
  3. Continues to thrive on innovation: awarded 668 patents in 2016 alone.
  4. Five-year average earnings-per-share growth of 6.5%.
  5. Great payout ratio of 52% and growing yield of 2%.
To read the Full Story, Go Premium or Log In

Popular Articles


Royal Bank of Canada Leads 54 Securities Going Ex-Dividend This Week

There are 54 securities going ex-dividend this week starting Monday, October 22nd. For income...

Premium Bear%20market%20picture

Market Wrap for October 19: The Bear Starts to Roar

At this point, it shouldn’t come as a surprise that volatility is back in a major way.

Last week,...

Premium Dividend%20growth

Looking for Real Dividend Growth? Stick to These Four Sectors

There’s no doubt that dividend investing has taken on a life of its own in the years since the...