DuPont (DD) is hardly a sexy stock, providing chemicals to businesses across a host of industries — from healthcare to manufacturing to agriculture. But the performance of DD stock in 2013 shows this high-yield dividend stock is going strong.
The diversified nature of DuPont helps insulate it from volatility because it serves so many different segments of the economy, both at home in the U.S. and in overseas market. With a $55 billion market cap and almost $5 billion in operating cash flow, DuPont is a very stable and reliable business.
And when it comes to dividends, DD has paid back shareholders since 1904 and enjoys a dividend payout ratio of less than 50% of FY2013 earnings. That means not only will you be almost guaranteed a dividend payout for years to come, but you also have a good chance of continued increases in those dividends.