In terms of the overall performance of the global economy, the first quarter of 2021 was marginally better. According to a World Health Organization WHO research, the key reason for this is that vaccine development and distribution have advanced rapidly. This is in addition to the existence of fiscal stimulus packages and the resumption of business as usual. According to Colliers research on the US Industrial Market Outlook for 2021, the annual rate of growth in the first quarter of 2021 was 6.4 percent. Investor confidence in the stock market is gradually being restored as the economy improves. Analysts anticipate that by 2021, the United States’ GDP growth will have surpassed that of China. In terms of industrial development and expansion, the United States is at the forefront. According to reports, demand in the industrial sector had reached all-time highs at the end of the first quarter. For the next 12-18 months, the sector is likely to stay steady and reliable.
Insider Monkey looks at 10 industrial dividend stocks with over 3% yield. Steelcase Inc. is ranked 10th among industrial dividend stocks with a yield of over 3% on our list. According to Thomson Reuters, the company has gained 3.17 percent in the last six months and 9.81 percent year to date. HNI Corporation is ranked 9th among industrial dividend companies with a yield of over 3% on our list. The company’s revenue was $510.45 million, up 22.28 percent year over year and $17.02 million higher than expected. H&E Equipment Services, Inc. is ranked 8th among industrial dividend companies with a yield of above 3% on our list. Equipment Rentals, New Equipment Sales, Used Equipment Sales, and Parts Sales are the company’s five segments. Costamare Inc. is ranked 7th among industrial dividend companies with a yield of over 3% on the list. The firm owns and charters containerships for shipping lines all over the world. It has a fleet of approximately 81 containerships. Resources Connection, Inc. is ranked 6th among industrial dividend companies with a yield of above 3% on the list. The stock has risen 12.82 percent in the last six months and 16.28 percent so far this year. For more details, click 10 Industrial Dividend Stocks with Over 3% Yield.
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