Holcim Ltd

Holcim, based near Zurich, is one of the world's largest building-materials companies, making cement, aggregates and concrete and expanding into lighter, more sustainable roofing and insulation products after spinning off its North American business. Demand follows construction and infrastructure, though its global spread cushions regional swings. Holcim has paid and steadily grown its dividend, funded by improving cash flow after years of portfolio reshaping, and adds buybacks. A moderate, rising yield from a building-materials leader gives it a solid, if cyclical, dividend profile.