Chemical giant DuPont (DD - Get Report) has its hands in everything from agriculture, to safety products, to coatings and electronics. That varied portfolio of businesses means that DuPont is able to spread its earnings across a number of dissimilar sources, reducing the cyclical nature of what's always been a cyclical business.
Agriculture has been one area where DuPont has invested significant resources in the last few years, building up its genetically modified seed business and becoming one of the key suppliers of crop seeds in the world. In turn, that's helped to fuel double-digit margins in the bottom line, and top-line numbers that have eclipsed pre-recession revenues in each of the last two years.Corporate culture is key at DuPont, where management is willing to forego near-term success in favor of longer-term profits. That investment-centric approach has yielded brands such as Kevlar, Teflon, and Tyvek, which continue to drive massive amounts of revenues for this well-established blue chip. Like TD, DuPont is a solid high-yield name with a payout that's around 3.5%. Income seekers shouldn't ignore this Rocket Stock in June. (I also featured DuPont in April in " 7 Dividend Stocks That Want to Pay You More Money.")
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