The smartest dividend shares you can buy with $ 5,000 at this time

  • Parker-Hannihin is an engineering company specializing in motion and control technology, learning dividends for 300 consecutive consecutive.

  • WW Grainger is a global distributor of industrial care products that has increased income, net income and free cash flows over the years.

  • Procter & Gamble is a consumer goods begemot who has raised its dividends for 69 consecutive years.

  • 10 shares we like more than Parker-Hannin ›

Dividends can be described as a gift that constantly donates, as dividend stocks can give you passive income for years or even decades. Good news is that it is easy to create a dividend shares portfolio with a lot of stock, but the most important thing is to choose the right ones.

Companies with strong business models, well -known brands, and which are leaders in their field are a good first filter. You also need to ensure that they are pushing out the permanent free cash flows and boast of increasing their dividends over the years or even decades. Once you have identified these shares, you should buy and store them over a long period of time and enjoy the dividends that fall into your bank account.

Here are three dividend shares that you may want to buy with $ 5,000 savings.

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Parker-Hannin (NYSE: PH) is the leader of motion and control technology and serves industry and space markets. As shown in the table below, the company demonstrated a steady income and net income growth over the years. The general margin also rose steadily during the same period, and free cash flows increased together.

Metrics

2022

2023

2024

Income

$ 15.862 billion USD

$ 19.065 billion USD

$ 19.930 billion USD

Gross profit

$ 5.311 billion

$ 6.429 billion USD

$ 7.128 billion USD

General profit margin

33.5%

33.7%

35.8%

Net income

$ 1.316 billion USD

$ 2.083 billion USD

$ 2.844 billion USD

Free cash flow

$ 2.212 billion USD

$ 2,599 billion USD

$ 2.984 billion USD

Data source: Parker-Hannihin. Fiscal Year End June 30

Parker-Hannihin continued to announce the firm first-nine fiscal 2025. Months of months. Although the revenue remained equal to approximately $ 1.46 billion a year, the company was again able to improve its total margin, from 35.7%to 36.7%, resulting in an increase in total profit by 1.8%a year. Free cash flows were healthy, increasing almost 8% to $ 2 billion a year. Recently, the company has increased its quarter dividends by 12% per year to $ 1.80 per share, which increased the 69 consecutive year dividends.

Parker-Hannin supports no. 1 position in the movement and control industry and has more longer cycles as well as secular growth trends that can help increase your income and continue. The acquisitions of Clarcor, a company filtration product and technology manufacturer, and Meggitt, which sell space and defense technology and products, also help to increase their capabilities and expand their product set to customers. 2025 “In the fiscal 2025, this consistent increase in cash flows should continue to manage dividends in the near future.

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