High-Yielding Dividend Play - Emerson
JIm Cramer said Emerson Electric (EMR) is a high-yielding dividend stock that investors should consider. He said Emerson operates in everything from industrial automation to climate control to process controls that enable energy conservation to power transmission equipment. Cramer explained that Emerson hasn’t had a dividend yield this high (4.1%) since 2003. He pointed out that the stock went up during the last recession, and now with the stock down 40% from its high, its very attractive. He said the company’s dividend is safe, with a 52 consecutive year history of paying and raising its dividend. Cramer told viewers to use a descending scale to buy Emerson. Buy some at $33 for a 4% yield, then again at $29.33 where the stock yield is 4.5%, and so on. He said don’t pay over $33, or don’t buy the stock when it yeilds less than 4%. Chat and share ideas with the best small cap traders LIVE each day free at Stocknetworkonline.com



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