When it comes to world class long-term wealth compounders, often the best choice isn’t the next great hyper-growth tech stock, but something far duller.
Take, for example, industrial companies such as 3M (MMM), which have legendary track records of consistent outperformance and dividend growth that span over half a century.
Emerson Electric (EMR) is another such legend, a venerable dividend king with 60 consecutive years of payout growth to its name. Investors can view data on all of the dividend kings here.
However, in recent years Emerson has faced some very serious growth headwinds.
Let’s take a closer look to see just what has made Emerson such a great business in decades past, what investors can expect going forward, and whether or not you might want to add it as a core holding to your own diversified dividend portfolio at this time.