Dividend logo

While Donald Trump’s election win took many a political forecaster for a loop, it didn’t surprise us at Dividend.com. One of our top industrial picks has continued to impress on the duality of its product lines, both in military hardware and commercial products. With Trump’s promises of higher global growth and increased military spending, our pick has managed to produce significant returns since its addition to our Best Dividend Stocks list in June of 2016 and even managed to move past bad news with gusto.

See our original article on our pick here.

With our pick dominating a diverse range of industries – from footwear to attack helicopters – the stock has managed to post a 19% gain since its addition on June 1, 2016.

Even better is that our pick is poised to continue racking up the achievements as cost cutting, smart investments and even some activist intervention work their magic on our industrial stock.

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

  1. Has grown its earnings per share by 47% over the last five years.
  2. Focused on services and software to play the industrial internet of things (IIoT).
  3. Incredible total revenues of more than $39 billion recorded last year.
  4. Cash conversion that exceeds nearly 100% with high free cash flows.
  5. Healthy payout ratio of 38% and growing yield of around 2%.

Click Go Premium to start your 14-Day FREE trial and get access to the Best Dividend Stock addition below.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Market%20wrap%20aug%2022
News

The Market Wrap for August 23: Trade Gains, but Manufacturing Flops

If there has been one constant over the last few months, it has to be the trade situation between...

Premium Dividend%20image
News

The Macro Reasons Are Clear for Dividend Growth Stocks

One of the cool things about building a portfolio is that there are many ways to do it. From...

Premium Favorable%20demand%20supply%20conditions%20helps%20packaging%20company%20maintain%20position%20on%20best%20dividend%20stocks%20list
News

Favorable Demand Supply Conditions Help Packaging Company Maintain Position on Best Dividend Stocks List

At this point, you can’t escape the trade war news. The skirmish between the U.S. and China has...