The materials sector offers solid return prospects for investors wishing to earn income in a volatile market. Above-average dividend yields, reliable cash flow and the benefits of the growth of developing countries all add to materials stocks’ value proposition. Our latest pick in the Best Materials Dividend Stocks List offers 40 years of consecutive dividend growth in one of the essential segments of the supply chain: packaging. Our pick also boosted its guidance for fiscal 2023 after a solid year of revenue and earnings growth in 2022.
You can check out the Best Materials Dividend Stocks List to explore all the stocks.
Solid financial results, positive cash flow and a focus on organic growth make our pick attractive for income investors. Our pick’s dividend yield is higher than the 2.8% average for materials stocks, giving investors added incentive to consider it in their portfolios.
Additionally, we have also increased positions in two chemical companies as part of a broader portfolio rebalancing strategy.
