How Safe is Emerson Electric’s Dividend?
Industrial giant Emerson Electric Co. (NYSE: EMR) offers investors a generous 3% yield at a time when an S&P 500 index fund will only get you 2% (or so). If you are looking for a dividend stock, it would be a good idea to do a deep dive on Emerson, even though it's not exactly cheap right now.
The question you want to ask, however, isn't how high the dividend is, but how safe it is. If history is any guide, the answer is plenty safe. Here's what you need to know.
Companies that increase their dividends annually start to get kudos when the string of increases reaches ten years. It shows a commitment to returning value to shareholders in good markets and bad -- and in a concrete way, since a dividend is basically putting cash into an investor's hands.
Source: Fool.com
Emerson Electric Company Stock
With 32 Buy predictions and 1 Sell predictions Emerson Electric Company is one of the favorites of our community.
With a target price of 144 € there is a slightly positive potential of 6.82% for Emerson Electric Company compared to the current price of 134.8 €.
