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 with a 28% gain is proof positive that this stable 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 yield of 3.1% right now. That dividend could move higher, too, with a payout ratio of less than 50% of FY2013 earnings.