Great Dividend Stocks For Every Portfolio

One of the best paying dividend stock on our list is Cedar Woods Properties. Dividend stocks are a great way to hedge your portfolio as they provide both steady income and cushion against market risks A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.

Cedar Woods Properties Limited (ASX:CWP)

Cedar Woods Properties Limited engages in property investment and development activities in Australia. Cedar Woods Properties was founded in 1987 and has a market cap of AUD A$468.62M, putting it in the small-cap group.

CWP has a juicy dividend yield of 5.05% and pays out 52.08% of its profit as dividends . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from $0.17 to $0.3.

ASX:CWP Historical Dividend Yield Dec 10th 17
ASX:CWP Historical Dividend Yield Dec 10th 17

Carindale Property Trust (ASX:CDP)

Carindale Property Trust (ASX Code: CDP) was listed on the Australian Stock Exchange in 1996.The Trust’s sole investment is a 50% interest in Westfield Carindale, one of Brisbane’s largest regional shopping centre at approximately 115,000 square metres.Westfield Carindale currently generates annual sales of $700.6 million through its two department stores, two discount department stores, three supermarkets and over 290 specialty retailers. Carindale Property Trust is run by CEO Peter Allen. With a current market cap of AUD A$559.30M, we can put CDP in the small-cap category

CDP has a substantial dividend yield of 5.03% and pays 63.52% of it’s earnings as dividends , and analysts are expecting a 105.08% payout ratio in the next three years. CDP’s dividends have seen an increase over the past 10 years, with payments increasing from $0.2542 to $0.402 in that time. It should comfort existing and potential future shareholders to know that CDP hasn’t missed a payment during this time. Investors will be glad to know the company has maintained a positive earnings growth over the last few years. It’s eps growth rate over the past five years has been 8.7%.

ASX:CDP Historical Dividend Yield Dec 10th 17
ASX:CDP Historical Dividend Yield Dec 10th 17

Nick Scali Limited (ASX:NCK)

Nick Scali Limited, together with its subsidiaries, engages in sourcing and retailing household furniture and related accessories in Australia. The company employs 370 people and with the company’s market cap sitting at AUD A$560.52M, it falls under the small-cap stocks category.

NCK has a enticing dividend yield of 5.78% and pays 73.96% of it’s earnings as dividends . While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time.

ASX:NCK Historical Dividend Yield Dec 10th 17
ASX:NCK Historical Dividend Yield Dec 10th 17

For more solid dividend payers to add to your portfolio, you can use our free platform to explore our 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.