Consumer staples demand are considered to be inelastic which means it doesn’t change much over time as consumers treat these products as necessities. This sector is considered a solid, reliable and less volatile sector for investors who are seeking slow and steady returns. As a long term investor, I favour these consumer staples stocks with great dividend payments that continues to add value to my portfolio.
Portmeirion Group plc (AIM:PMP)
PMP has a good-sized dividend yield of 3.49% and is distributing 53.01% of earnings as dividends . The company’s dividends per share have risen from £0.1425 to £0.3225 over the last 10 years. They have been dependable too, not missing a single payment in this time.
Finsbury Food Group Plc (AIM:FIF)
FIF has a solid dividend yield of 2.90% and the company currently pays out 42.10% of its profits 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. Finsbury Food Group’s future earnings growth looks strong, with analysts expecting 51.23% EPS growth in the next three years.
Telford Homes Plc (AIM:TEF)
TEF has a decent dividend yield of 3.86% and distributes 45.44% of its earnings to shareholders as dividends . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from £0.094 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.
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.