Dividend stocks such as Universal Health Realty Income Trust and Owens & Minor can help diversify the constant stream of cash flows from your portfolio. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. If you’re a buy and hold investor, these healthy dividend stocks can generously contribute to your monthly portfolio income.
Universal Health Realty Income Trust (NYSE:UHT)
Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. The company was established in 1986 and with the company’s market capitalisation at USD $1.01B, we can put it in the small-cap category.
UHT has a wholesome dividend yield of 3.63% and is paying out 81.23% of profits as dividends . UHT’s DPS have risen to $2.66 from $2.32 over a 10 year period. They have been dependable too, not missing a single payment in this time. Universal Health Realty Income Trust’s earnings per share growth of % over the past 12 months outpaced the US REITs industry’s average growth rate of -0.04681%.
Owens & Minor, Inc. (NYSE:OMI)
Owens & Minor, Inc., together with its subsidiaries, operates as a healthcare services company in the United States, the United Kingdom, Ireland, France, Germany, and other European countries. Established in 1882, and now led by CEO Paul Phipps, the company size now stands at 7,900 people and has a market cap of USD $1.15B, putting it in the small-cap category.
OMI has an appealing dividend yield of 5.50% and their current payout ratio is 81.32% . OMI’s DPS have risen to $1.03 from $0.4532 over a 10 year period. They have been dependable too, not missing a single payment in this time.
Banco Latinoamericano de Comercio Exterior, S.A (NYSE:BLX)
Banco Latinoamericano de Comercio Exterior, S.A., a multinational bank, primarily engages in the financing of foreign trade in Latin America and the Caribbean. Started in 1977, and currently run by Rubens Amaral, the company provides employment to 209 people and has a market cap of USD $1.15B, putting it in the small-cap stocks category.
BLX has a great dividend yield of 5.26% and distributes 80.88% of its earnings to shareholders as dividends . Dividends per share have increased during the past 10 years, but there have been a couple hiccups. However, they have historically always picked up again.
For more solid dividend payers to add to your portfolio, you can use our free platform to explore our 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.