There's no denying the last few years have been tough on the UK's engineering industry, which resulted in a three-year slide for Rolls-Royce Holding (LSE:RR). Earnings per share more than halved, and the dividend was slashed by almost the same amount.
But after a big slump in 2008/09, UK manufacturing output has been steadily recovering, and the latest figures show the Manufacturing Index at its highest level in 10 years. Global economic growth has helped, and the weakening of the pound since the Brexit referendum has given Britain's exports a significant boost.
Centrica (LSE:CNA) is one of the FTSE 100's highest-yielding shares at the present time. In the current financial year it is expected to have a dividend yield of 7.2%. This is more than twice the rate of inflation and could help investors to address concerns about being able to obtain a real income return over the medium term.
However, there are other companies which could do likewise. Reporting on Friday was one stock which could offer high dividend growth potential in the long run.