How Carlisle Companies’ (CSL) Role Supports its Position in Cheap Quarterly Dividend Stocks

Carlisle Companies Incorporated (NYSE:CSL) is included among the 11 Cheap Quarterly Dividend Stocks to Buy Right Now.

How Carlisle Companies’ (CSL) Role Supports its Position in Cheap Quarterly Dividend Stocks

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Carlisle Companies Incorporated (NYSE:CSL) designs and produces a variety of energy-efficient and sustainable products for both commercial and residential buildings. Its core divisions, Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT), provide roofing systems, architectural metals, insulation, and weatherproofing solutions.

Carlisle Companies Incorporated (NYSE:CSL) drives growth through energy-efficient innovation, strategic acquisitions, and execution under its Carlisle Operating System, while success also hinges on construction market trends, pricing, and integration of acquisitions.

On August 7, Carlisle Companies Incorporated (NYSE:CSL) declared a 10% hike in its quarterly dividend to $1.10 per share. This marked the company’s 49th consecutive year of dividend growth. As of September 23, the stock has a dividend yield of 1.58%.

While we acknowledge the potential of CSL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CSL and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.