Top 10 Industrial Stocks with Highest Dividend Yield: PLOW, ELSE, GE, MOCO, SI, CVR, ETN, ITW, SCX, MMM (Apr 16, 2011)

Below are the top 10 Industrial stocks with highest dividend yields for the last 12 months, UPDATED TODAY before 4:30 AM ET.

Douglas Dynamics, Inc. (NYSE:PLOW) has the 1st highest dividend yield in this segment of the market. Its current dividend yield is 5.18%. Its dividend payout ratio was 495.09% for the last 12 months. Electro-Sensors, Inc. (NASDAQ:ELSE) has the 2nd highest dividend yield in this segment of the market. Its current dividend yield is 3.69%. Its dividend payout ratio was 102.65% for the last 12 months.General Electric Company (NYSE:GE) has the 3rd highest dividend yield in this segment of the market. Its current dividend yield is 2.79%. Its dividend payout ratio was 39.78% for the last 12 months. MOCON, Inc. (NASDAQ:MOCO) has the 4th highest dividend yield in this segment of the market. Its current dividend yield is 2.71%. Its dividend payout ratio was 44.47% for the last 12 months. Siemens AG (ADR) (NYSE:SI) has the 5th highest dividend yield in this segment of the market. Its current dividend yield is 2.70%. Its dividend payout ratio was 55.75% for the last 12 months.

Chicago Rivet & Machine Co. (AMEX:CVR) has the 6th highest dividend yield in this segment of the market. Its current dividend yield is 2.67%. Its dividend payout ratio was 66.96% for the last 12 months. Eaton Corporation (NYSE:ETN) has the 7th highest dividend yield in this segment of the market. Its current dividend yield is 2.60%. Its dividend payout ratio was 39.07% for the last 12 months. Illinois Tool Works Inc. (NYSE:ITW) has the 8th highest dividend yield in this segment of the market. Its current dividend yield is 2.55%. Its dividend payout ratio was 42.54% for the last 12 months.The L.S. Starrett Company (NYSE:SCX) has the 9th highest dividend yield in this segment of the market. Its current dividend yield is 2.49%. Its dividend payout ratio was 67.09% for the last 12 months. 3M Company (NYSE:MMM) has the 10th highest dividend yield in this segment of the market. Its current dividend yield is 2.37%. Its dividend payout ratio was 36.72% for the last 12 months.