3 Industrial Stocks to Buy With Dividends Yielding More Than 3%
Are you looking for steady dividend income? Then industrial stocks like Eaton Corp (NYSE: ETN), ABB Ltd (NYSE: ABB), and Emerson Electric Corp (NYSE: EMR) should be on your short list. Each is yielding more than 3%, has a long history of paying steady or increasing dividends, and their businesses provide the backbone that keeps the world around us running -- even if what they do sounds a bit boring.
Eaton Corp is focused on power management. It's globally diversified business touches five areas: electrical products (about a third of 2016 revenue), electrical system and services (around 30%), vehicles (roughly 15%), hydraulics (10%), and aerospace (9%). The company's focus is making sure that we use power in the most efficient way possible.
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Source: Fool.com
Eaton Corp. Stock
With 16 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 304 € shows a slightly positive potential of 10.87% compared to the current price of 274.2 € for Eaton Corp..
