Consumer staples such as household and personal products have relatively stable demand over time – people don’t stop cleaning their houses during an economic downturn! Therefore, these companies provide a strong reliable stream of constant income which is a great diversifier during economic downturns. I’ve made a list of other value-adding dividend-paying stocks in the consumer staples industry for you to consider for your investment portfolio.
Portmeirion Group plc (AIM:PMP)
PMP has a good dividend yield of 3.31% and pays 53.01% of it’s earnings as dividends . PMP has increased its dividend from £0.1425 to £0.3225 over the past 10 years. They have been consistent too, not missing a payment during this 10 year period. Continue research on Portmeirion Group here.
Finsbury Food Group Plc (AIM:FIF)
FIF has a solid dividend yield of 2.61% and the company currently pays out 42.10% of its profits as dividends . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from £0.02 to £0.03. The company’s future earnings growth looks promising, with analysts expecting earnings growth over the next three years to reach 51.39%. More detail on Finsbury Food Group here.
Telford Homes Plc (AIM:TEF)
TEF has an alluring dividend yield of 4.05% and their payout ratio stands at 45.44% . Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from £0.094 to £0.157. If analysts are correct, Telford Homes has some strong future growth on the horizon with an expected increase in EPS of 59.16% over the next three years. More detail on Telford Homes 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.