Relatively High Yield Detected in Shares of Otter Tail in the Industrial Conglomerates Industry (OTTR, TKS, MMM, GE, TYC)
Below are the top five companies in the Industrial Conglomerates industry as measured by dividend yield. Dividends can enhance returns for investors seeking income in addition to capital gains.
Otter Tail (NASDAQ:OTTR) ranks first with a dividend yield of 5.8%; Tomkins (NYSE:TKS) ranks second with a dividend yield of 3.4%; and 3M (NYSE:MMM) ranks third with a dividend yield of 2.6%.
Not too far behind, General Electric (NYSE:GE) and Tyco International (NYSE:TYC) have dividend yields of 2.5% and 2%, respectively.
SmarTrend is bearish on shares of GE and our subscribers were alerted to Sell on May 06, 2010 at $16.57. The stock has fallen 15.7% since the alert was issued.