Mears Group is one of companies on my list of top dividend stocks. Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. If you’re a buy and hold investor, these healthy dividend stocks can generously contribute to your monthly portfolio income.
Mears Group plc (LSE:MER)
Mears Group PLC, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. Established in 1996, and now run by David Miles, the company employs 12,000 people and with the stock’s market cap sitting at GBP £335.73M, it comes under the small-cap group.
MER has a nice dividend yield of 3.70% and distributes 59.18% of its earnings to shareholders as dividends . MER’s DPS have risen to UK£0.12 from UK£0.04 over a 10 year period. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. Continue research on Mears Group here.
Headlam Group plc (LSE:HEAD)
Headlam Group plc, through its subsidiaries, sells, markets, supplies, and distributes floorcovering and other ancillary products. Established in 1992, and currently run by Stephen Wilson, the company now has 2,427 employees and with the company’s market capitalisation at GBP £371.44M, we can put it in the small-cap group.
HEAD has a large dividend yield of 5.65% and the company has a payout ratio of 63.41% , with analysts expecting a 63.43% payout in the next three years. Despite there being some hiccups, dividends per share have increased during the past 10 years. More on Headlam Group here.
Hansteen Holdings PLC (LSE:HSTN)
Hansteen Holdings PLC is a company which was incorporated in the United Kingdom and registered in England and Wales on 27 October 2005. Formed in 2005, and currently lead by Morgan Jones, the company currently employs 83 people and has a market cap of GBP £408.23M, putting it in the small-cap group.
HSTN has a enticing dividend yield of 6.17% and has a payout ratio of 62.39% , and analysts are expecting the payout ratio in three years to hit 89.78%. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Analysts are optimistic on the company’s earnings in the next 12 months, estimating a 35.57% increase in EPS. More on Hansteen Holdings 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.