With inflation raging and materials pricing high, those firms that operate in the commodity sector are really in the halcyon days. This is particularly true if they create and produce specialized materials. That’s just the case with our latest Best Dividend Stocks Model Portfolio pick!
Our pick is one of the largest producers of industrial gasses in the world. With plenty of complex infrastructure required to create and produce various gasses, our pick’s moat is very wide and deep indeed. In fact, there are only a handful of these firms left after years of M&A.
This position has been wonderful as commodity pricing continues to rise in the face of growing demand and higher prices. Thanks to its specialized nature, our pick has long been a cash flow and dividend champion. In fact, it has raised its payout for nearly four decades.
With pricing now surging for its products, our pick has continued to reward investors with dividend and buyback growth. With a long history and specialized materials niche, investors should watch for the stock ex-dividend on Thursday, June 30.
You can check out the Best Dividend Stocks Model Portfolio to explore all the stocks.
