Water is precious for sustaining life. However, it can also be valuable for your portfolio. The need for clean water is a global issue, and firms operating in the water treatment sector have a long runway for growth. It’s no wonder that analysts have continued to dub water “blue gold.” What’s great is our pick for our Best Dividend Protection Stocks Model Portfolio has been harvesting “blue gold” for nearly five decades.
Our pick is a tried-and-true industrial giant whose focus continues to be pumps, filtration, values and other needs related to the water sector. This also includes your pool, and more importantly, your local water treatment authority. The firm’s particular niche has provided our pick with plenty of profits and cash flows throughout its history.
But the best is yet to come.
Thanks to the continued need for better infrastructure and recent government spending plans, our pick is set to see its earnings explode as municipalities and states start spending on improving water quality. This should help our pick’s investors as well and keep the 45+ year streak of dividend increases going. Watch out when the stock goes ex-dividend next on Wednesday, April 20, 2022 (estimated date).
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
