Top Rated NasdaqGM Dividend Stocks
Wayside Technology Group is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to create wealth as their stable and constant yields generally hedge against economic uncertainty and deliver downside protection. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Below are more huge dividend-paying stocks that continues to add value to my portfolio holdings.
Wayside Technology Group, Inc. (NASDAQ:WSTG)
Wayside Technology Group, Inc. operates as an information technology channel company worldwide. Founded in 1982, and currently headed by CEO David DeWindt, the company now has 139 employees and with the market cap of USD $64.21M, it falls under the small-cap group.
WSTG has a sumptuous dividend yield of 4.77% and distributes 57.02% of its earnings to shareholders as dividends . Over the past 10 years, WSTG has increased its dividends from US$0.60 to US$0.68. During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend. Comparing Wayside Technology Group’s PE ratio against the US Electronic industry draws favorable results, with the company’s PE of 11.9 being below that of its industry (22.9). More detail on Wayside Technology Group here.
Elmira Savings Bank (NASDAQ:ESBK)
Elmira Savings Bank provides banking products and services to individual and commercial customers. Formed in 1869, and run by CEO Thomas Carr, the company now has 130 employees and with the stock’s market cap sitting at USD $71.39M, it comes under the small-cap stocks category.
ESBK has a substantial dividend yield of 4.27% and is distributing 70.20% of earnings as dividends . The company’s dividends per share have risen from US$0.60 to US$0.88 over the last 10 years. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period. The company recorded earnings growth of 23.08% in the past year, comparing favorably with the us mortgage industry average of 8.64%. Dig deeper into Elmira Savings Bank here.
Penns Woods Bancorp, Inc. (NASDAQ:PWOD)
Penns Woods Bancorp, Inc. operates as the bank holding company for Jersey Shore State Bank and Luzerne Bank, which provides banking and financial services to individuals, partnerships, non-profit organizations, and corporations. Started in 1934, and headed by CEO Richard Grafmyre, the company now has 319 employees and has a market cap of USD $209.17M, putting it in the small-cap stocks category.
PWOD has an appealing dividend yield of 4.22% and the company has a payout ratio of 85.72% . The company’s DPS has increased from US$1.84 to US$1.88 over the last 10 years. They have been dependable too, not missing a single payment in this time. Interested in Penns Woods Bancorp? Find out more here.
For more solid dividend paying companies to add to your portfolio, explore this 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.
