Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

5 of 6
BACK NEXT
Emerson Electric
Emerson Electric

As demand for industrial equipment in the U.S. and Europe begin to slow, Emerson Electric's diversification is, uh, paying dividends.

Sales grew 9% overseas in the last quarter compared to 5% in North America. Revenues were up 16% in Asia alone. Citigroup's Jeffrey Sprague predicts that high-growth emerging markets could account for 30% of total sales this year, helping to offset any domestic sales declines.

And the company is positioned to capitalize on the growing demand for energy efficient products worldwide. "Many of [Emerson's] businesses sit at the cross roads of the need for power and energy efficiency," wrote Sprague in a report.

Emerson currently offers a dividend yield of 2.3% and the dividend has increased at an average rate of 8% over the past five years.



NEXT: Wm. Wrigley Jr.
Last updated June 20 2008: 1:23 PM ET
More Galleries
10 logo changes that drove people crazy When companies change logos, the backlash is often fierce. More
Hottest new Star Wars toys unveiled BB-8 can now be yours. So can interactive Yoda, a three-pronged lightsaber and other toys from the Star Wars movie. More
Google's logos through the years Google changed its logo for the fifth time in 17 years this week. Here's what the old ones looked like. More

Special Offer