Andritz AG

Andritz, based in Graz, is a global engineering group building large-scale plant and equipment for pulp and paper mills, hydropower stations, metal processing and industrial separation. A big installed base gives it a steady stream of service, spare-parts and upgrade revenue that cushions the swings in new-plant orders. Andritz has paid and reliably grown its dividend for many years, funded by dependable cash flow, which earns it a high DiviScore. A solid, growing yield from a diversified engineering leader defines its income appeal.