7 Dividend Stocks Pumping Payouts As The Summer Ends
2.04%December 31 | MyPlanIQ portfolio symbol P_34861
7 Dividend Stocks Pumping Payouts As The Summer Ends
Jonas Elmerraji identified a slew of dividend-payers recently boosted their dividend payouts in spite of the broad market selloff that's taking place in the market.This is a recurring theme and a platform to select some stocks.
His list:
- Monsanto(MON) is one of the biggest suppliers of seeds and herbicides to commercial farmers
- Illinois Tool Works (ITW) has more than 800 operating units in 57 countries,
- CF Industries Holdings (CF), an $11.7 billion fertilizer company.
- Dover (DOV) is a $10 billion conglomerate whose business units are numerous and autonomous
- Microchip Technology(MCHP) is a powerhouse in the microcontroller business,
- Harris (HRS) provides communications products -- everything from military and police tactical radios, and communications solutions for oilrigs
- Eastman Chemical (EMN) was
originally started to supply photo chemicals, this stock has grown to
become a major supplier of chemicals used to make adhesives and
coatings, as well as plastics and fibers.
It is important to point out that Jonas does not uniformly recommend all of these equities and to read his article. However, this is a different set of equities that don't often get referenced and so it is worth measuring their performance to see whether this is a group that is worth tracking. It is a diverse group in product areas that may ride out a downturn reasonably well.