Dividends4Life: The Most Promising Dividends in Steel and Iron

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The Most Promising Dividends in Steel and Iron

Posted by D4L | Thursday, October 20, 2011 | | 0 comments »

Dividend payers deserve a berth in any long-term stock portfolio. But seemingly attractive dividend yields are not always as fetching as they may appear. Let's see which companies in the steel and iron industry offer the most promising dividends.

As I see it, Companhia Siderurgica Nacional and Steel Dynamics offer the best combination of dividend traits, sporting some solid income now and a good chance of strong dividend growth in the future. Nucor is also worth looking into, as it has a strong reputation. Of course, as with all stocks, you'll want to look into more than just a company's dividend situation before making a purchase decision. Still, these stocks' compelling dividends make them great places to start your search, particularly if you're excited by the prospects for this industry.

Source: Motley Fool

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