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Nearly 10-Year-Increasing Architectural Services Firm Added to Best Material Dividend Stocks List

Materials stocks don’t always offer the highest dividend yield, but exposure to this sector is important if you want to invest in the foundations of the global economy. Although materials are highly sensitive to the business cycle, companies with a strong backlog of work and a consistent track record of earnings growth are poised to outperform. Our latest addition to the Best Material Dividend Stocks List is coming off a solid quarter of growth across all its major divisions.

Thanks to steady work backlogs owing to a robust pipeline of projects, improving order trends and growing demand for architectural framing systems, our pick makes a welcomed addition to any income investor’s portfolio. With a dividend yield of 2.1%, our pick is broadly aligned with the materials sector average. Still, its nearly ten years of consecutive dividend growth offers stability during a period of great uncertainty.

To make room for our latest architectural service provider, we’ve been forced to remove a chemicals producer from the list.

You can check out the Best Material Dividend Stocks List to explore all the stocks.

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