Companies in the commercial and professional services sector operate in areas ranging from commercial printing to consulting services. Most of these names such as HiTech Group Australia and OPUS Group suffer from high cyclicality. Hence, considering economic volatility is crucial when thinking about a professional services company’s profitability. This impacts cash flows which in turn determines the level of dividend payout. During times of growth, these companies could provide a strong boost to your portfolio income. Below is my list of huge dividend-paying stocks in the services industry that continues to add value to my portfolio holdings.

HiTech Group Australia Limited (ASX:HIT)

HIT has a enticing dividend yield of 8.42% and is currently distributing 106.15% of profits to shareholders . HIT’s dividend alone will put you better off than your bank interest, but the company’s yield isn’t only higher than the low risk savings rate. It’s also amongst the market’s top dividend payers. Dig deeper into HiTech Group Australia here.

OPUS Group Limited (ASX:OPG)

OPG has a juicy dividend yield of 5.26% and distributes 35.55% of its earnings to shareholders as dividends . With a yield above the savings rate, bank account beating investors will be happy, but perhaps even happier knowing that OPG is in the top quartile of market payers. OPUS Group is also reasonably priced, with a PE ratio of 6.8 that compares favorably with the AU Commercial Services average of 16.3. Dig deeper into OPUS Group here.

Academies Australasia Group Limited (ASX:AKG)

AKG has a decent dividend yield of 2.30% and their payout ratio stands at 23.63% . The company currently has a earnings to dividend coverage of 4.2, so it can clearly cover its dividend payout with its profits. When we compare Academies Australasia Group’s PE ratio with its industry, the company appears favorable. The AU Consumer Services industry’s average ratio of 13.3 is above that of Academies Australasia Group’s (10.3). More detail on Academies Australasia Group 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.