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Spx Corporation

Diversified Machinery, also known as SPW, is part of the Industrials sector, and Industrial Goods industry. The Company's principal product is a diversified line of standard and custom-engineered pumps and systems for various markets, including oil and gas, hydrocarbon refining, chemical processing, pulp and paper, power generation, and water treatment. It also provides automation and control systems for on/off-shore oil and gas platforms and municipal and industrial wastewater treatment. The Company's operating segment consists of Pump Solutions (PSI), Spencer Turbine Company (Spencer) and Infiltrator Water Technologies (IWT), among others.

SPW's strengths include its solid portfolio of well-known brands, strong presence in expanding end markets, a diverse range of pumps and services, and a strong financial position. These factors boost profitability and have helped the company regularly increase its dividend.

For three straight years, SPW has grown its earnings per share, moving from $0.27 in 2010 to $2.64 in 2012. Revenues have climbed simultaneously, from $575.4 million in 2010 to $1.42 billion in 2012. The company's net sales compound annual growth rate (CAGR) from 2010 to 2012 was 21.6%.

SPW's stock price has risen from a low of $21.09 in March 2009 to a high of $62.65 in May 2013. During that period, the stock has delivered a compound annual growth rate of nearly 36%. As the company's financials have expanded, so has its stock price.

For 18 consecutive years, SPW has increased its dividend payout, with a ten-year dividend CAGR of 5.1%. Its most recent quarterly dividend was $0.18 per share, resulting in a meager 0.52% dividend yield. The stock's low yield can be attributed to its fast rise in price over the previous four years.

On March 28, 2017, SPW announced the expansion of its product portfolio by acquiring the assets of the US-based PFS Group, Inc. The acquisition aligns with the company's overall growth strategy and strengthens its position in the pulp and paper industry.

It's essential to remember that investing in the stock market contains risk. Be sure to conduct thorough research and consider your risk tolerance before making investment decisions. For the most up-to-date information on SPW, visit the company's website or contact a financial advisor for professional guidance.