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The weaker the U.S. dollar gets, the better things look for many of the top industrial stocks, and there is a very simple reason why. Many of the top industrial stocks do a tremendous amount of their overall business and sales outside of the United States. The stronger the dollar is, the more expensive the products they make and sell become. It’s a good bet that the dollar stays weaker, as the Federal Reserve is in no position to raise interest rates, perhaps for the rest of this year. That is a move that should help the industrial sector.

One of the analyst firms we cover here at 24/7 Wall St. is UBS, and its analysts are modestly positive with the overall sector. They have the industrial sector as a whole rated Neutral, and they favor the transportation subsector overall. UBS has four stocks on its list that are the equity preference or bellwether members that pay solid dividends.

Boeing

Shares of this top aerospace industrial company are still down almost 8% since the beginning of the year. Boeing Co. (NYSE: BA), together with its subsidiaries, designs, develops, manufactures, sells, services and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support and Boeing Capital.

This company is one of the most preferred stocks at UBS in the industrial transportation subsector. Boeing investors are paid a very solid 3.25% dividend. The Thomson/First Call consensus price target for the stock is listed as $145.72. The stock closed trading on Thursday at $134.42 per share.

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