From Cabot Wealth Advisory 3/1/16 Sign up for Cabot Wealth Advisory—it’s free!
Donaldson (DCI) is as boring as they come—the company makes air filtration systems for engines and industrial applications. But the company is one of the best dividend-paying stocks in the market. It’s a dividend aristocrat, increasing its annual payout every year since 1985, and currently yielding 2.3%.
However, the stock’s performance has not been as reliable lately: revenue has been declining since 2012, and DCI has declined 23% in the past year. Analysts expect revenue to contract 5.7% this year (ending in July 2016), driving a 1.9% EPS contraction, before rebounding 3% in 2017.
Over the past 30 days, the company has hired a new CFO and the stock has rebounded 10%, suggesting that value experts think DCI is once again an interesting stock to invest in.
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|Donaldson Company (DCI)
1400 West 94th Street
Minneapolis, Minnesota 55431
|Index Membership: N/A
Sector: Industrial Goods
Industry: Diversified Machinery
Full Time Employees: 12,500