Emerson Electric Is a Winning Stock

Emerson Electric (EMR), an electrical equipment and industrial conglomerate, on November 6, 2006 announced a two-for-one stock split, a dividend increase and better than expected earnings. EMR jumped 5.9 percent.

Since 1996 Emerson has doubled its annual dividend. With its long-term upside price pattern and record of increasing dividends, Emerson is a candidate for a long-term dividend reinvestment portfolio.

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Posted November 8, 2006.