Name of opportunity: 👀
Emerson Electric Co
Dividend King at a cheaper price than usual: 👑
Emerson Electric Co is a Dividend King, meaning it has raised its dividend payouts for over 50 consecutive years. In fact, this company has upped its payouts for 67 years! Analysts and investors love Dividend Kings because of their long track records of reliably rewarding investors with a payout. This company’s dividend yield is 2.05%, which offers a modest return. If you invested $1000, you would be paid $20.50 a year in dividends (based on the last 12 months).
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of Emerson Electric Co. will increase from $109.72 to $130.78 in the next 12 months. If you invested $1000, you might profit $191.92.
In the past 6 months, Emerson Electric Co has dropped in value but only by 2.73%, so this predicted gain wouldn’t just be recouping a drop, it would be growing the price of the stock above and beyond what it was then. In the past year, the price of Emerson stock has in fact increased by 13.86%.
Emerson has been streamlining its business and last year it sold a majority stake in its Emerson’s Climate Technologies business to Blackstone. It now operates under the name Copeland as a standalone company, and Emerson has since exited fully. This means Emerson has been able to pivot more towards automation, and analysts have praised Emerson’s management for strategic moves like this.
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Emerson Electric Co. is a global technology and software company that operates in sectors including industrial manufacturing and the chemical process industry. The company is a global manufacturer that combines technology and engineering to provide advanced solutions to its customers. It’s a Fortune 500 company based in the US that operates in over 150 countries.
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