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This Industrial Stock Is a Great Buy for Dividend Investors

This Industrial Stock Is a Great Buy for Dividend Investors

Emerson Electric (NYSE: EMR) has raised its dividend every year for the last 64 years and it looks highly likely that it will be able to continue raising it for the foreseeable future. Emerson's dividend is very well covered by its free cash flow (FCF) and management has demonstrated its FCF resiliency in a very difficult 2020. The stock is arguably being discounted as a result of its exposure to the price of oil.