Top Rated Dividend Stocks
Data#3 is one of companies that can help grow your investment income by paying 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. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
Data#3 Limited (ASX:DTL)
Data#3 Limited, together with its subsidiaries, provides information technology (IT) solutions in Australia and the Asia Pacific. Founded in 1977, and headed by CEO Laurence Baynham, the company employs 1,177 people and with the company’s market capitalisation at AUD A$264.84M, we can put it in the small-cap group.
DTL has a juicy dividend yield of 5.17% and is currently distributing 89.13% of profits to shareholders . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from $0.04 to $0.09. Interested in Data#3? Find out more here.
Folkestone Education Trust (ASX:FET)
The Folkestone Education Trust is the largest Australian ASX listed (ASX:FET) real estate investment trust (A-REIT) that invests in early learning properties. Folkestone Education Trust was formed in 2002 and has a market cap of AUD A$715.29M, putting it in the small-cap stocks category.
FET has a juicy dividend yield of 5.37% and pays out 28.97% of its profit as dividends , with analysts expecting the payout ratio in three years to be 94.62%. Despite there being some hiccups, dividends per share have increased during the past 10 years. Folkestone Education Trust’s performance over the last 12 months beat the au reits industry, with the company reporting 14.55% EPS growth compared to its industry’s figure of 14.09%. More detail on Folkestone Education Trust here.
Commonwealth Bank of Australia (ASX:CBA)
Commonwealth Bank of Australia provides integrated financial services in Australia, New Zealand, and internationally. Started in 1911, and headed by CEO Ian Narev, the company currently employs 45,614 people and with the market cap of AUD A$139.61B, it falls under the large-cap group.
CBA has a large dividend yield of 5.37% and the company currently pays out 74.28% of its profits as dividends , with analysts expecting this ratio in three years to be 76.26%. Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from $2.56 to $4.29. Continue research on Commonwealth Bank of Australia here.
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.
