Best AIM Materials Dividend Paying Companies
The highly cyclical materials industry has benefited producers in times of economic growth and seen many players out of business during a downturn. Thus, there is ample opportunity to take advantage of improving economic conditions which has led to strong demand for commodities. Another key driver of a materials company’s profit is the commodity prices which in turn steers the level of dividend payouts and yield. If you’re a buy-and-hold investor, these healthy dividend stocks in the materials industry can generously contribute to your monthly portfolio income.
Robinson plc (AIM:RBN)
RBN has a great dividend yield of 6.61% with a high payout ratio . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from UK£0.033 to UK£0.055. More detail on Robinson here.
Michelmersh Brick Holdings plc (AIM:MBH)
MBH has a sizeable dividend yield of 2.56% and the company currently pays out 81.56% of its profits as dividends . 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 expecting an impressive triple digit earnings growth over the next year. Dig deeper into Michelmersh Brick Holdings here.
Ferrexpo Plc (LSE:FXPO)
FXPO has a great dividend yield of 4.36% and is distributing 9.84% of earnings as dividends , with analysts expecting the payout in three years to be 27.63%. While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from US$0.016 to US$0.12. The company outperformed the gb metals and mining industry’s earnings growth of 55.34%, reporting an EPS growth of 109.73% over the past 12 months. Interested in Ferrexpo? Find out more 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.
