Published on November 21st, 2017
As the group of companies that produce goods that are used in construction and manufacturing, the industrial sector forms the backbone of the global economy. It stands to reason that the sector likely holds many compelling dividend growth investment opportunities.
With that in mind, we’ve compiled a list of all 747 dividend-paying stocks in the industrial sector (along with important investing metrics) that you can download below:
Keep reading this article to learn more about the benefits of investing in industrial sector stocks.
How To Use The Industrials Stocks List To Find Investment Ideas
Having an Excel document containing the names, tickers, and financial data for all 747 dividend-paying industrial stocks is very useful.
This document becomes even more powerful when combined with a fundamental working knowledge of Microsoft Excel.
With that in mind, this section will show you how to implement two actionable screens to the existing stocks in the industrial stocks list.
The first screen we’ll implement is for dividend-paying industrial stocks with dividend yields above 4%.
Screen 1: High Yield Industrial Stocks
Step 1: Download the industrial stocks list at the link above.
Step 2: Click on the filter icon at the top of the dividend yield column, as shown below.
Step 3: Change the filter setting to “Greater Than” and input 0.04 into the field beside it, as shown below.
The remaining stocks in this Excel spreadsheet are dividend-paying industrial stocks with dividend yields above 4%.
The next screen that we’ll implement is for dividend-paying industrial stocks with price-to-earnings ratios below 20 and market capitalizations above $10 billion.
Screen 2: Low Price-to-Earnings Ratios, Large Market Capitalizations
Step 1: Download the industrial stocks list at the link above.
Step 2: Click on the filter icon at the top of the price-to-earnings ratio column, as shown below.
Step 3: Change the filter setting to “Less Than” and input 20 into the field beside it, as shown below. This will filter for dividend-paying industrial stocks with price-to-earnings ratios below 20.
Step 4: Close out of this filter window by clicking the exit (not by clicking the “Clear Filter” button at the bottom of the window). Then, click on the filter icon at the top of the market capitalization column, as shown below.
Step 5: Change the filter setting to “Greater Than” and input 10000 into the field beside it. This will filter for dividend-paying industrial stocks with market capitalizations above $10 billion. Note that since the spreadsheet measures market capitalization in millions of dollars, filtering for stocks with market capitalizations above “$10,000 million” is equivalent to filtering for stocks with market capitalizations above $10 billion.
The remaining stocks shown in this spreadsheet are dividend-paying industrial stocks with price-to-earnings ratios below 20 and market capitalizations above $10 billion.
You now have a solid understanding of how to use the industrial stocks list to find securities with certain financial characteristics.
The remainder of this article will discuss the merits of investing in the industrial sector in detail.
Why Invest In The Industrials Sector
The industrial sector is the section of the overall stock market that is concerned with manufacturing, producing, and distributing goods that are used in construction and manufacturing. The sector also includes other industries like airlines, farming equipment, metal fabrication, industrial machinery, lumber production, and metal fabrication.
Because of the nature of the businesses it contains, the performance of the industrial sector is primarily driven by the supply and demand for building construction – including residential, commercial, and industrial properties. The sector’s performance also fluctuates in response to changes in the supply and demand of manufactured products.
So what does all of this mean for self-directed investors?
Well, it means that the industrial sector is more cyclical than, say, the healthcare sector or the consumer staples sector. This is because when the economy contracts and consumer begin saving more and spending less, construction slows and industrial companies must produce fewer goods – which reduces sales.
With that said, the industrial sector is broadly diversified. There are a number of different subsectors within the industrial sector. As you can imagine, railroads tend to behave differently than airlines, which in turn tend to behave differently than metal fabrication companies.
This means that there is usually at least one area that is growing within the industrial sector. As an example, many oil and gas-related industrial companies are struggling right now due to low oil prices while aerospace and defense companies are performing very well. There are also other subsectors of the industrial sector – such as waste management – that tend to perform well through a wide variety of economic environments.
Final Thoughts
The importance of the industrial sector to the global economy means that there are often compelling investment opportunities within this constituent of the stock market.
With that said, the industrial sector is certainly not the only place to find investment ideas.
If you’re willing to venture outside of the industrial sector, the following Sure Dividend databases contain some of the most high-quality dividend stocks in our investment universe:
- The Dividend Aristocrats List: dividend stocks with 25+ years of consecutive dividend increases.
- The Dividend Achievers List: dividend stocks with 10+ years of consecutive dividend increases.
- The Dividend Kings List: Considered to be the “best-of-the-best” when it comes to dividend history, the Dividend Kings are ultra-elite dividend stocks with 50+ years of consecutive dividend increases.
- The Blue Chip Stocks List: dividend stocks with 3%+ dividend yields and 100+ year operating histories.
If you’re looking for other sector-specific dividend stocks, the following Sure Dividend databases will be useful:
- The Complete List Of All 246 Dividend-Paying Utility Stocks
- The Complete List Of All 203 Dividend-Paying Healthcare Stocks
- The Complete List Of All 350 Dividend-Paying Consumer Staples Stocks
- The Complete List Of All 1263 Dividend-Paying Financial Sector Stocks
- The Complete List Of All 294 Dividend-Paying Energy Stocks
- The Complete List Of All 331 Dividend-Paying Technology Stocks
- The Complete List Of All 674 Dividend-Paying Consumer Cyclical Stocks
- The Complete List OF All 138 Dividend-Paying Telecommunications Stocks
