Topic: How To Invest

Dividend Advisor Hotline – Friday, July 21, 2017

Article Excerpt

STANLEY BLACK & DECKER INC., $146.79, New York symbol SWK, is one of the world’s largest makers of tools for consumers. It also manufactures specialized tools for auto mechanics and construction firms. Starting with the September 2017 payment, the company will raise its quarterly dividend by 6.1%. Investors will then receive $0.63 a share instead of $0.58. The new annual rate of $2.52 yields 1.7%. Stanley has paid dividends continuously for 140 years, and has raised the annual rate each year for the past 50 years. In the last 5 years, the company’s dividend has increased an average of 5.2% annually. Its TSI Dividend Sustainability Rating is Above Average. OUR RECOMMENDATION: Stanley Black & Decker is a buy. Stanley Black & Decker recent coverage May 2017 issue Hotline for January 6, 2017 ENBRIDGE INC., $52.40, Toronto symbol ENB, operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S. It also distributes gas to over 2 million consumers in Ontario,…