These 10 dividend aristocrat stocks offer an average high yield of 3% and have increased dividends for 46 consecutive years on average.
- Reuters•2 days ago
Japan's Nidec Corp has emerged as the frontrunner to buy Emerson Electric Co's motors and drives unit in a deal estimated to be about $1 billion, according to two sources familiar with the matter. Reuters earlier reported that private equity group Clayton Dubilier & Rice (CD&R), Wolong Electric and another Chinese company were conducting due diligence on Leroy-Somer and preparing to submit final bids this month. Bloomberg first reported Nidec's interest in Emerson's unit and said a winner for the auction may be announced as soon as this week.
Emerson Electric Co.NYSE
After hours: 55.830.00 (0.00%) as of 4:38 PM EDT
|Bid||52.01 x 100|
|Ask||55.96 x 100|
|52wk Range||41.25 - 56.82|
|Day's Range||55.39 - 56.04|
|Avg Vol (3m)||3,559,647|
As of 4:02 PM EDT. Market closed.