11 Best Value Dividend Stocks to Buy Now

3. Donaldson Company, Inc. (NYSE:DCI)

Forward P/E as of September 26: 19.92

Donaldson Company, Inc. (NYSE:DCI) is a major producer of filtration systems used in industrial, mobile, and life sciences applications. Its products are designed to remove contaminants from air, liquids, and gases in a wide range of equipment and production processes, serving industries such as trucking, manufacturing, and food and beverage.

Donaldson Company, Inc. (NYSE:DCI) operates through three core divisions: Mobile Solutions, which provides filters for vehicles and equipment; Industrial Solutions, which focuses on air and dust filtration in factories and commercial settings; and Life Sciences, which supplies filtration for food, beverage, and biotech applications. Recently, Donaldson has been prioritizing expansion into new markets, advancing its proprietary technologies like PowerCore and Ultra-Web, and increasing its presence in fast-growing areas such as life sciences filtration.

Donaldson Company, Inc. (NYSE:DCI)’s dividend history makes it an appealing option for income investors. The company has been rewarding shareholders with growing dividends for the past 29 years. It currently offers a quarterly dividend of $0.30 per share and has a dividend yield of 1.48%, as of September 26.