loader

Emerson’s Modest, but Consistent Dividend Increase November 9, 2015

electric-breeze-1195278

The Board of Directors of Emerson (ticker: EMR) approved an increase in the dividend on the company’s common stock to $0.475 per quarter from $0.47, a 1.1% increase.  While the increase was modest, this is the 57th consecutive year the company has raised its dividend.  Few companies have such a lengthy track record of consecutive annual dividend increases.  At last week’s closing price of $49.23 per share, the new dividend represents a current yield of 3.9%.

Emerson is a stock holding in NovaPoint Capital’s Dividend Growth Strategy.  Our Strategy seeks to own high-quality, dividend-paying stocks with track records of annual dividend increases.  Our research shows that a portfolio of companies with track records of raising their dividends has, on average, produced total returns higher than both the market and their non-dividend paying peers.  The average track record of dividend increases for companies in our current portfolio is thirty-one years.

NovaPoint Capital LLC (@novapointcap) is a state Registered Investment Advisor based in Atlanta, Georgia.  We manage investment portfolios for institutions and individuals.  We also provide sub-advisory services for other investment advisors.  More information can be found on our website at: https://novapointcapital.com/

While the Company uses reasonable efforts to include accurate and up-to-date information in this post, errors or omissions sometimes occur. The Company makes no warranties or representations as to the accuracy of this post. Opinions expressed herein are subject to change without notice.

NovaPoint Capital

2 # # #

NovaPoint Capital LLC is a Registered Investment Adviser with the State of Georgia.
201 17th Street- Suite 300 - Atlanta, GA 30363 - Phone 404.445.7885
| ADV BROCHURE | DISCLAIMER | CONTACT |