The materials sector is filled with companies that offer consistent income opportunities. Materials companies with exposure to utilities and supply chains also stand to benefit from essential services that are less prone to fluctuations in the business cycle. Our latest addition to the Best Materials Dividend Stocks List is an established company with more than three decades of dividend growth under its belt. Our pick is also planning strategic investments in electric and natural gas utilities, opening the door to more reliable income generation opportunities.
Thanks to strong earnings growth, a favorable return-risk profile and efficient debt management, our pick is likely to be a positive addition to income investors’ portfolios. While certainly it’s not a household name, our pick has evolved over the years to provide products and services to various essential industries, such as utilities and construction.
To make room for our latest energy delivery pick, we’ve been forced to remove an ethylene producer from the list.
You can check out the Best Material Dividend Stocks List to explore all the stocks.
