Emerson Electric (EMR)
Emerson Electric (EMR) is exactly the kind of boring company I like. It engages in many disciplines, including process management that handles measurements, controls and monitoring for both power and food treatment facilities.
It stands to reason that process involves automation, which is another discipline. Automation requires network power systems, and they target end-users with various climate technologies. As a tech company, it is constantly involving and innovating, and it has a brand name trusted by many during its 123 years in existence.
EMR stock has been on the list of solid dividend stocks for 56 years, with a present payout of 2.5%. It pays this dividend successfully because it keeps a lid on its debt ($4 billion), offset by $3.275 billion in cash. The dividend payout is 30-40% of its free cash flow.