ABB - High Yield Value and Growth in 1 Stock
Switzerland's ABB (NYSE: ABB) is one of the most interesting stocks in the industrial sector, not least because its shareholder base must be a smorgasbord of investors. If you got them in one room, you'd be looking at a motley collection including dividend hunters, value stock enthusiasts, and growth disciples. Let's look at why there's something for everyone with ABB.
Starting with the easiest part to understand, the company's current dividend yield on its NYSE-listed stock is around 3.2%. It's an attractive yield, and the company's policy is to "to pay a rising, sustainable dividend over time," according to its earnings releases. The question isn't whether ABB's divided is attractive or not (it obviously is), but whether it's sustainable and can grow. Provided the company's plans for earnings growth remain on track, the answer is a resounding yes.
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