5 Best Dividend Stocks According to Edgar Wachenheim’s Greenhaven Associates

Page 1 of 5

In this article, we discuss 10 dividend stocks in Edgar Wachenheim’s portfolio. If you want to read our detailed analysis of Greenhaven Associates’ past performance and Wachenheim’s investment strategy, go directly to read 10 Best Dividend Stocks According to Edgar Wachenheim’s Greenhaven Associates

5. Stanley Black & Decker, Inc. (NYSE:SWK)

Number of Hegde Fund Holders: 38
Dividend Yield as of May 24: 2.68%
Greenhaven Associates’ Stake Value: $25,836,000

Stanley Black & Decker, Inc. (NYSE:SWK) is an American manufacturing company that specializes in industrial tools and household hardware. The company also provides security products to consumers.

Stanley Black & Decker, Inc. (NYSE:SWK) has been paying dividends to shareholders since 1876 while maintaining a 53-year track record of consistent dividend growth. The company currently pays a quarterly dividend of $0.79 per share, after increasing it by 13% in 2021.

Saturna Capital mentioned Stanley Black & Decker, Inc. (NYSE:SWK) in its Q3 2021 investor letter. Here is what the firm has to say:

Stanley Black &Decker performed well through the first part of the year but struggled over the summer. China accounts for much of its production, and their zero-tolerance approach to pandemic safety measures has led to disruption, compounded by shipping difficulties and rising materials expenses. We still believe one outcome of the pandemic will be a buoyant home improvement market, given that one never knows when the next pandemic lockdown may occur.”



Page 1 of 5