Want Reliable Dividend Income? These 2 Industrial Stocks Deliver

Key Points Illinois Tool Works is a Dividend King that yields more than double the S&P 500 average. Waste Management has an impressive streak of dividend increases as well. Both are examples of boring industrial stocks with dependable income streams. 10 stocks we like better than Illinois Tool Works › At a time when the S&P 500 carries a dividend yield of just under 1.1%, nearly everything looks good by comparison, including the yield of almost 1.2% on the S&P Industrial Select Sector Index , which is home to the S&P 500's industrial members. Admittedly, with 10-year Treasury yields hovering around 5% , some income investors may say there's not much to see in the industrial sector, but that's not the right approach. Actually, the sector's scant 1.