- Dividend stocks have historically outperformed non-dividend paying stocks. Stanley Black & Decker has the longest consecutive quarterly dividend payment among industrials on the NYSE. Bath & Body Works has immense expansion opportunity internationally, making it a potential investment option for income investors or those seeking reliable dividend-paying stocks with a 3%+ yield.
- Stanley Black & Decker, a leader in Tools and Outdoor products, recently increased its quarterly cash dividend to $0.83 per share, boasting a dividend yield of 4.5%. The company is focused on improving margins through cost-saving initiatives to support its dividend payments and enhance shareholder value.
- Bath & Body Works, a specialty home fragrance retailer, offers a dividend yield of 3.1% and has significant growth potential through store upgrades, digital opportunities, and international expansion. The company aims to expand its product line and market presence globally, providing various avenues for revenue growth. Investors can consider adding both companies to their watchlists for potential investment opportunities.
Read more at Nasdaq: 2 No-Brainer Dividend Stocks to Buy and Hold Forever