Huntsman Corporation (NYSE: HUN)

Huntsman Corporation (NYSE: HUN) is a Texas-based chemical manufacturing company that specializes in the plastics, automotive and construction industries.

There are a number of factors that suggest Huntsman could be a wise investment in the months ahead.

For starters, the company is in excellent shape financially, with impressive earnings growth that outpaces others in the chemical manufacturing industry.

Additionally, pays a solid, consistent dividend – currently $0.21 per share with a dividend yield of 2.97% — and has invested heavily in its own business at a high rate of return.

Looking at dividend growth, the company’s current annualized dividend of $0.85 is up 17.2% from last year. Huntsman has increased its dividend 3 times on a year-over-year basis over the last 5 years for an average annual increase of 7.78%.

And the company is on record as forecasting solid earnings growth for the current fiscal year.