Discounted Dividend King Emerson Electric

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About: Emerson Electric Co. (EMR)
by: Cash-Centered Creep
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Cash-Centered Creep
Dividend growth investing, dividend investing, long-term horizon
Summary

Emerson Electric's oil and gas exposure has left investors bearish in the context of the coronavirus outbreak and the Saudi-Russian oil price war.

It is a global technology and engineering firm, and an S&P 500 Dividend Aristocrat, not to mention a Dividend King.

It currently trades at a 29% discount to fair value.

Emerson Electric (EMR) is vulnerable, as all other companies are, to the impact on the global economy that the coronavirus outbreak has had. More specifically, it is particularly vulnerable to the oil price