United Technologies (UTX) is a diversified global industrial. It has strong brands, and a highly profitable business model.
In addition, United Technologies generates strong cash flow, which it uses to reward shareholders with rising dividends.
As a result, the stock receives a high score using the 8 Rules of Dividend Investing.
It is also a Dividend Achiever.
The company has paid a dividend on its common stock each year since 1936.
With a 2.6% dividend yield, solid dividend growth, and a cheap valuation, United Technologies could be a winning stock pick for 2017.
United Technologies is an industrial manufacturer. Its customers are in the commercial aerospace, defense, and building industries.
It operates in four segments, which are roughly equal in size: