Uncover the opportunities of a top-tier dividend player in the Transportation Equipment sector, equipped with a 17-year consistent dividend increase record that ranks within the top 10% of dividend stocks. On top of that, our pick managed to beat its benchmark since being added to this portfolio back in April 2023.
This robust performer, with a well-cushioned payout ratio of 31%, aligns perfectly with the sector average, offering a blend of safety and growth. Poised to distribute an estimated payout of $1.570 per share on or around July 12, it’s the perfect time to delve into the details of this impressive dividend entity.
Our selection process, which optimally balances Yield Attractiveness, Dividend Safety, Returns Potential, and Returns Risk, has reinforced its position in our Best Dividend Stocks model portfolio.
Brace yourselves for an in-depth stock analysis following this teaser, shedding light on the robust financials and promising future of this high-caliber holding.
