6 Industrial Strength Stocks With Growing Dividend Yields

Published Thu, 26 Jan 2012 06:38:07 -0500 on Seeking Alpha

Companies in the Industrial Sector are often referred to as members of the “smokestack industry” and are classified as cyclical stocks. A cyclical stock is one that rises and falls in step with the economy. The Industrials Sector consists of companies that manufacture products or provide business services. The products are sometimes inputs into another manufacturing process. Timing is important when buying an industrial stock. If you buy when business is booming you will likely pay too much, which means a very low yield. Most stocks in this sector are currently overpriced. The average yield on the Industrial Sector stocks that I follow is only 2.2%, with just six stocks yielding over 3%. The Industrials Sector is one of the largest sectors in my dividend growth database. Of the 214 stocks that I track, it currently is represented by 37 stocks (17%). As noted above, this is not a sector... Read more



Stock name                                 ISIN Last trade   P/E Earnings/Share Dividend/Share Dividend yield
DIEBOLD
US2536511031 24.27   6.4 3.77 1.15 4.75
EMERSON ELECTRIC
US2910111044 53.31   18.3 2.92 1.90 3.59
GENUINE PARTS
US3724601055 97.00   20.9 4.64 2.63 2.74
3M
US88579Y1010 168.89   21.7 7.78 4.44 2.65
ADP
US0530151036 86.85   25.9 3.35 2.12 2.45
ILLINOIS TOOL WORKS
US4523081093 104.19   0.0 0.00 0.00 2.13