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Will Flowserve's Double-Digit Dividend Growth Streak Continue?

2015-10-20 18:00:26| Industrial Machines - Topix.net

Reduced O&G CapEx is hurting earnings, and will likely result in a token dividend raise next year, though FLS's strong balance sheet and diverse businesses mean dividend growth should continue. The drop in FLS's price offers investors a compelling entry point, and I expect rapid dividend growth to continue once the price of oil rises.

Tags: continue growth dividend streak

Category:Industrial Goods and Services

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