Cinemark 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. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. If you’re a long term investor, these high-performing top dividend stocks can boost your monthly portfolio income.
Cinemark Holdings, Inc. (NYSE:CNK)
Cinemark Holdings, Inc., together with its subsidiaries, engages in the motion picture exhibition business. Founded in 2006, and headed by CEO Mark Zoradi, the company currently employs 17,751 people and with the company’s market capitalisation at USD $4.38B, we can put it in the mid-cap category.
CNK has a decent dividend yield of 3.03% and distributes 54.81% of its earnings to shareholders as dividends . CNK’s dividends have seen an increase over the past 10 years, with payments increasing from $0.72 to $1.16 in that time. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. More detail on Cinemark Holdings here.
Sonoco Products Company (NYSE:SON)
Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. Started in 1899, and run by CEO M. Sanders, the company now has 20,000 employees and with the company’s market capitalisation at USD $4.97B, we can put it in the mid-cap group.
SON has a sizeable dividend yield of 3.10% and their current payout ratio is 55.51% . In the last 10 years, shareholders would have been happy to see the company increase its dividend from $1.04 to $1.56. They have been dependable too, not missing a single payment in this time. Dig deeper into Sonoco Products here.
H&R Block, Inc. (NYSE:HRB)
H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. Founded in 1946, and currently lead by Jeffrey Jones, the company provides employment to 2,300 people and with the company’s market capitalisation at USD $5.21B, we can put it in the mid-cap stocks category.
HRB has a sizeable dividend yield of 3.82% and the company currently pays out 46.90% of its profits as dividends . In the case of HRB, they have increased their dividend per share from $0.57 to $0.96 so in the past 10 years. The company has been a dependable payer too, not missing a payment in this 10 year period. More on H&R Block 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.