Hasbro, Campbell Soup, and CMS Energy all share one thing in common. They are on our list of top paying dividend stocks which have helped grow my portfolio income over the past couple of months. 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.
Hasbro, Inc. (NASDAQ:HAS)
Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. Formed in 1923, and currently lead by Brian Goldner, the company currently employs 5,400 people and with the company’s market cap sitting at USD $10.69B, it falls under the large-cap stocks category.
HAS has a wholesome dividend yield of 3.00% and their payout ratio stands at 71.88% . The company’s DPS has increased from US$0.80 to US$2.52 over the last 10 years. They have been consistent too, not missing a payment during this 10 year period. If analysts are correct, Hasbro has some strong future growth on the horizon with an expected increase in EPS of 87.41% over the next three years. Dig deeper into Hasbro here.
Campbell Soup Company (NYSE:CPB)
Campbell Soup Company, together with its subsidiaries, manufactures and markets branded food and beverage products. Started in 1869, and currently headed by CEO Denise Morrison, the company provides employment to 18,000 people and with the stock’s market cap sitting at USD $12.58B, it comes under the large-cap group.
CPB has a sizeable dividend yield of 3.39% and is paying out 40.11% of profits as dividends , with the expected payout in three years being 45.03%. CPB’s dividends have seen an increase over the past 10 years, with payments increasing from US$0.88 to US$1.40 in that time. The company has been a reliable payer too, not missing a payment during this time. Campbell Soup’s performance over the last 12 months beat the us food industry, with the company reporting 111.31% EPS growth compared to its industry’s figure of 9.83%. More on Campbell Soup here.
CMS Energy Corporation (NYSE:CMS)
CMS Energy Corporation operates as an energy company primarily in Michigan. Established in 1987, and currently headed by CEO Patricia Poppe, the company size now stands at 7,850 people and has a market cap of USD $12.73B, putting it in the large-cap stocks category.
CMS has a good-sized dividend yield of 3.15% and the company has a payout ratio of 80.96% . CMS has increased its dividend from US$0.36 to US$1.43 over the past 10 years. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period. Over the next three years, analysts predict double digit earnings growth for CMS Energy of 64.52%. More detail on CMS Energy 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.