Stocks

Navigating Market Uncertainty: A Look at 3 Industrial Stocks with High Dividend Yields

Published July 2, 2024

Investors seeking shelter in the choppy seas of the market often anchor in stocks known for their steady dividend yields. Such stocks typically belong to companies with robust free cash flows, which are able to consistently distribute significant dividends to their shareholders. Amid the current economic climate, characterized by ambiguity and fluctuations, certain industrials stocks stand out for offering lucrative dividend yields. We turn the spotlight on a trio of these stocks that are capturing the interest of some of Wall Street's most reputable analysts.

High-Diving into Dividends with RGP

At the forefront is Resources Connection, Inc. RGP, a company specializing in offering consulting services through its brand Resources Global Professionals, across North America, Europe, and Asia Pacific. With corporate roots deeply embedded in Irvine, California, RGP provides expertise to its business clientele, and it's recognized for its appealing dividend yield, making it a potential haven for dividend investors.

Across the Pond: Barclays and Its Sturdy Dividend BCS

Next, we steer towards Barclays PLC BCS, a British multinational banking cornerstone providing an array of financial products and services not just within the United Kingdom but spreading across Europe, the Americas, and other international markets. Headquartered in the historical financial hub of London, BCS presents itself as a dividend contender, offering investors a piece of its financial vastness in the form of dividends.

Banking on Dividends with Wells Fargo WFC

Wells Fargo & Company WFC, the American banking juggernaut with a stronghold in San Francisco and a widespread operational and managerial presence, is another firm that offers an attractive dividend yield. As a veteran in the financial services landscape, WFC has a track record of delivering shareholder value and stands out as a dividend stock to consider in an investor's portfolio.

Tooling Up Dividends: Stanley Black & Decker SWK

Last but not least, Stanley Black & Decker, Inc. SWK, known previously as The Stanley Works, emerges as a solid player in the realm of dividend-yielding stocks. This Fortune 500 conglomerate, born from a merger and headquartered in New Britain, Connecticut, manufactures an array of industrial tools, household hardware, and security products. The company's commitment to dividend payouts makes it a noteworthy candidate for investors drawn to industrials with reliable dividends.

Investment, Dividends, Industrials