Amid uncertain macroeconomic conditions, investors should take advantage of a fundamentally strong and dividend-paying stock, Motorola Solutions, Inc. (MSI), which ensures a stable, growing income stream.
During the third quarter of fiscal 2022, communications solutions provider MSI paid nearly $132 million in cash dividends. The company has a record of increasing its dividends for ten consecutive years. On November 17, 2022, its board of directors raised its regular quarterly dividend by 11% to $0.88 per share, payable in cash on January 13, 2023.
