Investors’ Favorite Services Dividend Stocks
The professional services sector tends to be highly cyclical, impacting companies operating in areas such as security, consulting and support services. Hence, considering economic volatility is crucial when thinking about a professional services company’s profitability. Availability of cash flows also determines the level of dividend payout. In times of growth, these service companies could provide opportune income through dividend. I’ve made a list of other value-adding dividend-paying stocks in the services industry for you to consider for your investment portfolio.
Ecology & Environment, Inc. (NASDAQ:EEI)
EEI has a sizeable dividend yield of 3.51% and distributes 64.61% of its earnings to shareholders as dividends . The company’s DPS have increased from US$0.36 to US$0.40 over the last 10 years. They have been dependable too, not missing a single payment in this time. The company outperformed the us commercial services industry’s earnings growth of 7.35%, reporting an EPS growth of 140.18% over the past 12 months. Continue research on Ecology & Environment here.
Dover Motorsports, Inc. (NYSE:DVD)
DVD has a nice dividend yield of 3.81% and is currently distributing 34.44% of profits to shareholders . Although investors would have seen a few years of reduced payments, it has so far always picked up again, with dividends increasing from US$0.06 to US$0.08 over the past 10 years. The company outperformed the us hospitality industry’s earnings growth of 14.79%, reporting an EPS growth of 125.29% over the past 12 months. Continue research on Dover Motorsports here.
Ennis, Inc. (NYSE:EBF)
EBF has a solid dividend yield of 3.97% and distributes 59.95% of its earnings to shareholders as dividends . The company’s DPS have increased from US$0.62 to US$0.80 over the last 10 years. It should comfort existing and potential future shareholders to know that EBF hasn’t missed a payment during this time. Ennis’s earnings per share growth of 29.85% over the past 12 months outpaced the us commercial services industry’s average growth rate of 7.35%. Dig deeper into Ennis 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.