Emerson’s Modest, but Consistent Dividend Increase

November 9, 2015


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: http://novapointcapital.com/

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