Innophos Holdings is one of the companies that can help improve your portfolio income through large dividend payouts. Great dividend payers create a safe bet to increase investors’ portfolio value as payouts provide steady income and cushion against market risks. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
Innophos Holdings, Inc. (NASDAQ:IPHS)
Innophos Holdings, Inc., through its subsidiaries, produces performance-critical and nutritional specialty ingredients with applications in food, beverage, dietary supplements, pharmaceutical, oral care, and industrial end markets. Founded in 2004, and run by CEO Kim Mink, the company provides employment to 1,319 people and with the stock’s market cap sitting at USD $906.49M, it comes under the small-cap group.
IPHS has a juicy dividend yield of 4.09% and pays out 86.79% of its profit as dividends . IPHS’s dividends have seen an increase over the past 10 years, with payments increasing from $0.68 to $1.92 in that time. It should comfort existing and potential future shareholders to know that IPHS hasn’t missed a payment during this time. Continue research on Innophos Holdings here.
Universal Health Realty Income Trust (NYSE:UHT)
Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. Universal Health Realty Income Trust was started in 1986 and has a market cap of USD $924.34M, putting it in the small-cap group.
UHT has a sizeable dividend yield of 3.93% and has a payout ratio of 81.23% . UHT’s last dividend payment was $2.66, up from it’s payment 10 years ago of $2.32. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. The company recorded earnings growth of 157.00% in the past year, comparing favorably with the us industry industry average of 1.35%. More detail on Universal Health Realty Income Trust here.
Southside Bancshares, Inc. (NASDAQ:SBSI)
Southside Bancshares, Inc. operates as a bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Founded in 1960, and headed by CEO Lee Gibson, the company size now stands at 679 people and has a market cap of USD $1.23B, putting it in the small-cap category.
SBSI has a solid dividend yield of 3.21% and is currently distributing 54.23% of profits to shareholders . While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. More on Southside Bancshares 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.