The Industrials Sector consists of companies that manufacture products or provide business services. The products are often inputs or raw materials into another manufacturing process, such as steel producer. Many of these companies 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 is one of the largest sectors in my dividend growth database. As noted above, this is not a sector I am in a position to buy often, but when the time is right, I plan on taking full advantage of the opportunity. This week week, I screened my dividend growth stocks database for Industrials with a yield above 3.5% and have increased their dividends for at least 10 consecutive years. The results are presented below...
Source: Dividend Growth Stocks
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3 Industrial Strength Dividend Growth Stocks With Yields In Excess Of 2.7%
Posted by D4L | Friday, December 09, 2022 | ArticleLinks | 0 comments »________________________________________________________________
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