Why Ingersoll-Rand Plc (NYSE:IR) Could Have A Place In Your Portfolio

Attractive stocks have exceptional fundamentals. In the case of Ingersoll-Rand Plc (NYSE:IR), there’s is a well-regarded dividend payer with an impressive history of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my broad commentary, read the full report on Ingersoll-Rand here.

Proven track record average dividend payer

Over the past few years, IR has demonstrated a proven ability to generate robust returns of 20%. Not surprisingly, IR outperformed its industry which returned 14%, giving us more conviction of the company’s capacity to drive bottom-line growth going forward.

NYSE:IR Income Statement, September 8th 2019
NYSE:IR Income Statement, September 8th 2019

IR is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.

NYSE:IR Historical Dividend Yield, September 8th 2019
NYSE:IR Historical Dividend Yield, September 8th 2019

Next Steps:

For Ingersoll-Rand, I’ve put together three key aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for IR’s future growth? Take a look at our free research report of analyst consensus for IR’s outlook.
  2. Financial Health: Are IR’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of IR? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.