The materials industry is deeply cyclical with producers benefiting highly during an economic boom and many players going bankrupt in a bust. Thus, there is ample opportunity to take advantage of improving economic conditions which has led to strong demand for commodities. These materials stocks are also well-positioned to take advantage of rising commodity prices while offering an attractive dividend 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.
Hawkins, Inc. (NASDAQ:HWKN)
HWKN has a good-sized dividend yield of 2.48% and pays 28.11% of it’s earnings as dividends . Hawkins’s performance over the last 12 months beat the us chemicals industry, with the company reporting 39.79% EPS growth compared to its industry’s figure of 12.37%. Interested in Hawkins? Find out more here.
Neenah, Inc. (NYSE:NP)
NP has a good-sized dividend yield of 2.07% and their payout ratio stands at 30.97% , with analysts expecting this ratio to be 31.02% in the next three years. The company has also had a strong past 12 months, reporting a double digit EPS growth of 10.24%. Interested in Neenah? Find out more here.
Bemis Company, Inc. (NYSE:BMS)
BMS has a decent dividend yield of 2.70% and their current payout ratio is 116.81% . Analyst estimates for Bemis Company’s future earnings are certainly promising, predicting a triple digit earnings growth over the next three years. More detail on Bemis Company here.
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.