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WSI Industries has the Highest Dividend Yield in the Industrial Machinery Industry (WSCI, SCX, TKR, BGG, KMT)

By Amy Schwartz

Below are the three companies in the Industrial Machinery industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.

WSI Industries ranks highest with a a dividend yield of 3.8%. LS Starrett is next with a a dividend yield of 3.6%. Timken ranks third highest with a a dividend yield of 3.2%.

Briggs & Stratton follows with a a dividend yield of 2.8%, and Kennametal rounds out the top five with a a dividend yield of 2.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Kennametal on October 19th, 2015 by issuing a Downtrend alert when the shares were trading at $26.21. Since that call, shares of Kennametal have fallen 36.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest dividend yield wsi industries ls starrett timken briggs & stratton kennametal