3 Dividend-Paying Industrial Stocks to Buy Right Now
Three industrial leaders have the cash flow and competitive moats to keep growing their payouts.
Overview
Buying and holding shares of competitively positioned businesses is one of the best ways to build dividend income for the long haul. These companies generate more cash than they need to run the business, which supports steady (and often rising) dividend payments.
Stanley Black & Decker (NYSE: SWK), FedEx (NYSE: FDX), and Illinois Tool Works (NYSE: ITW) have paid dividends for years and currently offer attractive combinations of yield, safety, and growth. Here's why they can make income investments that pay off.
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Originally published at www.fool.com.
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