Ocean Wilsons Holdings is one of the top dividend stocks I think are worth considering today. Dividend stocks are a great way to hedge your portfolio as they provide both steady income and cushion against market risks. A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. If you’re a long term investor, these high-performing top dividend stocks can boost your monthly portfolio income.
Ocean Wilsons Holdings Limited (LSE:OCN)
Ocean Wilsons Holdings Limited, an investment holding company, provides maritime and logistics services in Bermuda, Brazil, Panama, and Uruguay. The company now has 4436 employees and with the company’s market cap sitting at GBP £409.33M, it falls under the small-cap category.
OCN has an alluring dividend yield of 4.06% and is currently distributing 33.45% of profits to shareholders , and analysts are expecting the payout ratio in three years to hit 55.64%. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. The company outperformed the GB Transportation Infrastructure industry’s earnings growth of -0.500525%, reporting an EPS growth of % over the past 12 months.
A&J Mucklow Group plc (LSE:MKLW)
A&J Mucklow Group Plc is a long established Midlands based property company focusing on the long term ownership and development of industrial and commercial property. Started in 1933, and run by CEO D. Parker, the company size now stands at 11 people and with the company’s market cap sitting at GBP £319.96M, it falls under the small-cap stocks category.
MKLW has a substantial dividend yield of 4.43% and is distributing 47.30% of earnings as dividends , with the expected payout in three years being 91.66%. MKLW’s dividends have seen an increase since they started paying dividends 10 years ago, with payments increasing from £0.1473 to £0.2212 in that time. They have been dependable too, not missing a single payment in this time. The company outperformed the GB Equity Real Estate Investment Trusts (REITs) industry’s earnings growth of -0.22872%, reporting an EPS growth of % over the past 12 months.
S&U plc (LSE:SUS)
S&U plc provides consumer credit and motor finance services in the United Kingdom. Established in 1938, and currently lead by Anthony Coombs, the company provides employment to 100 people and with the company’s market capitalisation at GBP £244.92M, we can put it in the small-cap stocks category.
SUS has a substantial dividend yield of 4.76% and is paying out 50.66% of profits as dividends . In the last 10 years, shareholders would have been happy to see the company increase its dividend from £0.32 to £0.91. During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend.
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.