Ennis, Innophos Holdings, and Helmerich & Payne have one big thing in common. They are on my list of the best dividend stocks which have generously contributed to my portfolio income over the past couple of months. Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Here are other similar dividend stocks that could be valuable additions to your current holdings.
Ennis, Inc. (NYSE:EBF)
Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. Started in 1909, and run by CEO Keith Walters, the company size now stands at 2,348 people and has a market cap of USD $462.59M, putting it in the small-cap stocks category.
EBF has a juicy dividend yield of 4.40% and is distributing 60.07% of earnings as dividends . The company’s dividends per share have risen from US$0.62 to US$0.80 over the last 10 years. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. The company recorded earnings growth of 24.00% in the past year, comparing favorably with the us commercial services industry average of 6.00%. Dig deeper into Ennis here.
Innophos Holdings, Inc. (NASDAQ:IPHS)
Innophos Holdings, Inc., together with its subsidiaries, produces specialty ingredients with applications in food, health, nutrition, and industrial markets. Established in 2004, and currently run by Kim Mink, the company size now stands at 1,373 people and with the market cap of USD $822.90M, it falls under the small-cap category.
IPHS has an alluring dividend yield of 4.56% and their current payout ratio is 166.90% . The company’s dividends per share have risen from US$0.68 to US$1.92 over the last 10 years. The company has been a dependable payer too, not missing a payment in this 10 year period. Analysts are expecting an impressive triple digit earnings growth over the next year. Interested in Innophos Holdings? Find out more here.
Helmerich & Payne, Inc. (NYSE:HP)
Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. Established in 1920, and currently headed by CEO John Lindsay, the company size now stands at 8,121 people and with the company’s market capitalisation at USD $7.66B, we can put it in the mid-cap group.
HP has a decent dividend yield of 3.98% and pays 67.27% of its earnings as dividends , with the expected payout in three years being 104.71%. HP has increased its dividend from US$0.18 to US$2.80 over the past 10 years. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. The company has a lower PE ratio than the US Energy Services industry, which interested investors would be happy to see. The company’s PE is currently 16.9 while the industry is sitting higher at 25.1. Dig deeper into Helmerich & Payne 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.