One of the best paying dividend stock on our list is Westwood Holdings Group. Dividend stocks are a great way to hedge your portfolio as they provide both steady income and cushion against market risks Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
Westwood Holdings Group, Inc. (NYSE:WHG)
Westwood Holdings Group, Inc., through its subsidiaries, manages investment assets and provides services for its clients. Founded in 1983, and headed by CEO Brian Casey, the company provides employment to 174 people and with the company’s market capitalisation at USD $618.53M, we can put it in the small-cap group.
WHG has a good-sized dividend yield of 3.95% and has a payout ratio of 81.43% . WHG’s DPS have risen to $2.72 from $1 over a 10 year period. The company has been a dependable payer too, not missing a payment in this 10 year period. Westwood Holdings Group’s earnings growth over the past 12 months has exceeded the us capital markets industry, with the company reporting an EPS growth of 24.86% while the industry totaled 18.01%. More on Westwood Holdings Group here.
Maiden Holdings, Ltd. (NASDAQ:MHLD)
Maiden Holdings, Ltd., through its subsidiaries, provides reinsurance solutions to regional and specialty insurers in the United States, Europe, and internationally. Formed in 2007, and now run by Arturo Raschbaum, the company provides employment to 211 people and with the market cap of USD $630.45M, it falls under the small-cap group.
MHLD has a sumptuous dividend yield of 7.90% and is currently distributing -36.92% of profits to shareholders , with analysts expecting this ratio to be 49.97% in the next three years. In the last 10 years, shareholders would have been happy to see the company increase its dividend from $0.1 to $0.6. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. The company performed well against its industry over the past year. Its ROE of -7.67% outpaced the US Insurance industry (9.15%). More detail on Maiden Holdings here.
Speedway Motorsports, Inc. (NYSE:TRK)
Speedway Motorsports, Inc., through its subsidiaries, promotes, markets, and sponsors motorsports activities in the United States. Formed in 1959, and run by CEO Marcus Smith, the company size now stands at 944 people and with the company’s market cap sitting at USD $802.56M, it falls under the small-cap category.
TRK has a good-sized dividend yield of 3.05% and distributes 70.67% of its earnings to shareholders as dividends . The company’s DPS has increased from $0.34 to $0.6 over the last 10 years. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period. More detail on Speedway Motorsports 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.