Current Dividend Yield: 3.6%
Year-to-Date Performance: -8%
E.I. du Pont de Nemours & Company (NYSE:DD), a.k.a. DuPont, has lagged the market so far in 2011, but dividend investors still should take note of this stock. The 3.6% yield is one of the best in the Dow Jones Industrial Average. What’s more, Dupont could be a good long-term investment for the inevitable recovery — because even if there is a tough market for another year or two, DuPont will hang tough and pay a good dividend while you wait.
The key driving factor holding back DuPont is, of course, the economy. As a specialty chemical company, it provides some of the raw materials for a host of products in all corners of the market. Once demand picks up, so will DD stock. In the meantime, this stock’s nice dividend, bulletproof balance sheet and core chemical business serving industries like agriculture will keep DuPont stable.