Top Dividend Stock – Dupont (DD)
“Buy Below” price: $35
Picked by: Brian Perry, editor of Cash Machine
Strategy: High-income dividend investing
Some of the biggest winners in a recovering economy are those companies engaged in the basic businesses of resins, sealants, coatings, industrial
chemicals, plastics, adhesives, soybean and corn seed and Tyvek building wrap. Price increases implemented along the way usually translate into phenomenal
earnings surprises, setting stocks like DuPont E I Neumours (DD) in motion higher.
Dupont has seen steadily improving numbers for each of the last four quarters, topping earnings estimates each time by as much as 15%. That bodes
very well for the company’s next earnings report on April 27. With a hefty 4.8% dividend yield and a strong track record of boosting payouts,
this is a great stock for income investors.
- Poll of the Day