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
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
The best Black Friday deals of 2015 This year's best Black Friday deals include some Apple products and a free Samsung smartphone. More
Delahaye - Behind the wheel of a French masterpiece This 1951 Delahaye represents the end of an era in gorgeous French car design. More
Slingshot is a three-wheeled thrill ride The Polaris Slingshot drives like a car with the excitement of a motorcycle. More

Special Offer