Diebold (NYSE:DBD), the transaction and security firm that most of us know for its ATM technology, owns a magnificent, shareholder-friendly streak, having increased its dividend annually for the last 60 years. That's a current record among U.S. equities. The company's dividend also yields an attractive 3.9%.
But the company is also having a difficult 2013, laboring through year-to-date net losses and management turnover, among other problems. These difficulties are reflected in Diebold's stock price, which is essentially flat year to date, versus a return of 27.5% for the S&P 500 index. Does Diebold's lagging performance indicate an entry point for dividend investors? In the video article below, which is part of a dividend series, Motley Fool contributor Asit Sharma breaks down Diebold's performance and identifies whether the company is a dividend beast, backslider, or bust.