Aerospace and Automation Giant Continues to Strive on Best Dividend Stocks List
With a 125-year history, this company has come a long way and is now a global powerhouse in engineering with more than 40% of its sales coming from outside the U.S. It earned approximately $40 billion in sales in 2016 and is set to grow its earnings by 9.12% in 2018 according to analyst expectations. This is on the back of a growth in EPS by 50% over the last five years.
This stock has annualized dividend growth rate of 12.36% over the past five years. With a decent yield and a mid-30% payout ratio, there is ample room for the company to continue growing its dividend.
Apart from its dividend strength, this stock has appreciated by more than 15% year to date. As such, we are assigning a rating of 3.9 to this stock.
Four reasons why you should own this stock:
$40 billion in sales in 2016.
EPS increased by 50% in the last five years.
125-year history since the company was incorporated.
Global presence: More than 40% of their revenue is from outside the U.S.
As a dividend investor, you need access to the best and safest stocks on the market. Dividend.com’s DARS ratings have been providing you with reliable and profitable stock analysis since 2008, and this addition is no exception.
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