Looking for Stability? Donaldson (DCI) is a Dividend Stock to Buy in August

Donaldson Company, Inc. (NYSE:DCI) is included among the 10 Best Dividend Stocks to Buy in August.

Looking for Stability? Donaldson (DCI) is a Dividend Stock to Buy in August

A close-up of a factory worker carefully installing a part on an air filtration system.

 On July 25, the company declared a quarterly dividend of $0.30 per share, which was consistent with its previous dividend. Overall, it has been growing its payouts for 29 years, which makes it a prominent Dividend Champion. As of July 28, the stock has a dividend yield of 2.49%.

Donaldson Company, Inc. (NYSE:DCI) showcased solid performance in fiscal Q3 2025, delivering record sales and record adjusted earnings per share. The company raised its full-year earnings guidance and ramped up its share repurchase efforts, having bought back 3.3% of its outstanding shares since the beginning of the year. Quarterly revenue came in at $940.1 million, a 1.3% increase year-over-year and ahead of analyst expectations by $6.65 million.

Over the first nine months of the fiscal year, Donaldson Company, Inc. (NYSE:DCI) generated $251 million in operating cash flow and held $178.5 million in cash and cash equivalents. It also remained focused on shareholder returns, distributing $32.3 million in dividends during the third quarter. The company’s strong cash position makes it a reliable stock among income investors.

While we acknowledge the potential of DCI to grow, 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 DCI and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.