Yahoo Finance Best-In-Class Dividend Stocks
Dividend-paying companies such as China Yuchai International and Owens & Minor can diversify your portfolio cash flow by paying constant and large dividends. These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Here are other similar dividend stocks that could be valuable additions to your current holdings.
China Yuchai International Limited (NYSE:CYD)
China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People’s Republic of China and internationally. Founded in 1951, and currently headed by CEO , the company size now stands at 8,678 people and with the market cap of USD $850.26M, it falls under the small-cap stocks category.
CYD has an appealing dividend yield of 4.32% and is distributing 26.89% of earnings as dividends , with analysts expecting a 40.00% payout in three years. Although investors would have seen a few years of reduced payments, it has picked up again, with dividends increasing from CN¥0.13 to CN¥0.90 over the past 10 years. Interested in China Yuchai International? Find out more here.
Owens & Minor, Inc. (NYSE:OMI)
Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare services company in the United States, the United Kingdom, Ireland, France, Germany, and other European countries. Established in 1882, and currently headed by CEO Paul Phipps, the company provides employment to 8,600 people and with the company’s market cap sitting at USD $1.01B, it falls under the small-cap group.
OMI has a sumptuous dividend yield of 6.36% and their payout ratio stands at 101.52% . OMI’s dividends have increased in the last 10 years, with DPS increasing from US$0.53 to US$1.04. They have been consistent too, not missing a payment during this 10 year period. Over the next three years, analysts predict double digit earnings growth for Owens & Minor of 66.88%. Continue research on Owens & Minor here.
Universal Corporation (NYSE:UVV)
Universal Corporation engages in leaf tobacco business worldwide. Formed in 1886, and headed by CEO George Freeman, the company now has 24,000 employees and has a market cap of USD $1.64B, putting it in the small-cap stocks category.
UVV has an appealing dividend yield of 4.55% and their current payout ratio is 52.15% . Over the past 10 years, UVV has increased its dividends from US$1.80 to US$3.00. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. The company recorded earnings growth of 405.80% in the past year, comparing favorably with the us tobacco industry average of 12.84%. More on Universal here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.
