Death-Defying Dividend Stocks: Dupont (DD)
Dividend Yield: 2.82%
Dupont (DD), which by the way is short for E.I. du Pont de Nemours & Company, is also one of the most solid dividend stocks you will find. Sure, a chemical company isn’t the sexiest play in the world, and it is amazing that all the chemophobia and negative publicity surrounding chemicals hasn’t really affected its business.
But like KO, DD stock has remained on the forefront of changing times. Dupont is slowly transforming its straight-up chemical business into a more agricultural-driven entity. The company’s agribusiness saw an 18% increase in sales in the most recent quarter, driven by its newest products: corn seed and insecticides.
That’s just one reason DD, with its 2.8% yield, is still one of the best dividend stocks. Plus, the payout has historically been about 50% of free cash flow.