Industrial dividend stocks with low beta ratios and large market capitalization originally published at "long-term-investments.blogspot.com". A diversified portfolio is the basis for a strong stability. The more industries and sectors you cover, the lower the single risk you own. This insurance costs performance because nobody could know in detail which sectors will run good over the next years and which are the big loser.
Today I like to go forward with my monthly screen of the safest stocks from the major sectors. Industrials are in focus of my research. These are my criteria:
- Market Capitalization over USD 10 billion
- Beta ratio below 1
Only eight companies fulfilled these criteria of which five have a current buy or better rating. The number of stocks is very low. It could be related to the fact that the sector has only 360 companies listed and industrials are more cyclic.
Here is the full table with some fundamentals:
Take a closer look at the full list. The average P/E ratio amounts to 20.90 and forward P/E ratio is 16.66. The dividend yield has a value of 2.14 percent. Price to book ratio is 3.66 and price to sales ratio 2.30. The operating margin amounts to 17.05 percent and the beta ratio is 0.84. Stocks from the list have an average debt to equity ratio of 0.64.
Related stock ticker symbols:
LMT, RTN, WM, RSG, FAST, AME, ROP, DHR