The 3 Safest Industrial Dividends Right Now
The stock market has been booming as vaccine hopes and a gridlocked U.S. government have been music to the industrial sector. For now, the pandemic continues to rage, and there remains a great deal of uncertainty as to how the American economy -- and the country's way of life -- will adjust to a post-pandemic environment.
Dividends provide income to investors in good times and bad. Dividend Aristocrats, an esteemed class of companies that have increased their dividend every year for at least 25 consecutive years, add an extra layer of certainty to that benefit. Sherwin-Williams (NYSE: SHW), Caterpillar (NYSE: CAT), and Illinois Tool Works (NYSE: ITW) are three Dividend Aristocrats that are outperforming the market and remain well-positioned to reward investors handsomely for years to come.
Source Fool.com