Industrial companies play a vital role in the overall economy. Although consumers might not appreciate it, the industrial sector produces many key inputs that make our world function better. For investors, exposure to income-producing infrastructure plays offers many benefits. Our latest addition to the Best Industrial Dividends Stocks List is an engine manufacturer that generated over $25 billion in revenue last year. Additionally, the company has prioritized shareholder value and aims to return 50% of operating cash flow back to investors.
You can check out the Best Industrial Dividend Stocks List to explore all the stocks.
Solid financial results, several strategic acquisitions and a global footprint in major markets make our industrial pick a strong contender for inclusion in income portfolios. Our pick has increased its dividend for more than 15 years straight.
To make room for our engine manufacturer pick, we’ve cut losses and moved on from a leading military contractor due to a lack of momentum and upside potential.