Industrial companies are cyclical - they outperform when the economy is growing and underperform when the economy is stagnant or a recession hits. With the economy continuing to grow around 2% per year and President Trump looking to expand that, industrial companies with dividends may attract more than their fair share of investors.

Buying shares of dividend-paying companies in the industrial sector, especially ones that have above-average yields, can help investors boast market-beating returns, with a caveat. Oftentimes, these companies are either in slow industries or may have seen their stock prices fall sharply, increasing the yield for the wrong reason.

Large companies with plenty of international exposure, including names like Weyerhauser, Pope Resources, Caterpillar and others have high-dividend yields that investors should be aware of.

TheStreet has compiled a list of five high-yielding companies in the industrial sector.