Blue Sky Alternative Investments, Australian Finance Group, and Mirrabooka Investments are financial services stocks that generally perform in-line with the economy. Firms in this sector offer services ranging from investment banking to consumer finance. Downturns can hit financial services companies hard as net interest margins shrink and credit losses grow. However, in good times, they report steady profits and many pay attractive dividends. Here are my top dividend stocks in the financial industry that could be valuable additions to your current holdings.

Blue Sky Alternative Investments Limited (ASX:BLA)

BLA has a substantial dividend yield of 8.85% and pays out 77.54% of its profit as dividends . With a yield above the savings rate, bank account beating investors will be happy, but perhaps even happier knowing that BLA is in the top quartile of market payers. Dig deeper into Blue Sky Alternative Investments here.

Australian Finance Group Limited (ASX:AFG)

AFG has a great dividend yield of 7.46% and their current payout ratio is 51.60% , with the expected payout in three years hitting 78.89%. AFG’s dividend is not only above the low risk savings rate, but also amongst the top dividend payers in the market. The company outperformed the global mortgage industry’s earnings growth of 8.92%, reporting an EPS growth of 74.94% over the past 12 months. Interested in Australian Finance Group? Find out more here.

Mirrabooka Investments Limited (ASX:MIR)

MIR has a substantial dividend yield of 5.36% and is distributing 171.86% of earnings as dividends . The company’s DPS have increased from AU$0.10 to AU$0.14 over the last 10 years. They have been dependable too, not missing a single payment in this time. The company recorded earnings growth of 16.66% in the past year, comparing favorably with the au capital markets industry average of 9.19%. Dig deeper into Mirrabooka Investments 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.