Dividend-paying companies such as Murgitroyd Group and Harvey Nash Group can help grow your portfolio income through their sizeable 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 a key role in compounding returns over time and can form a large part of our portfolio return. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
Murgitroyd Group PLC (AIM:MUR)
Murgitroyd Group PLC, through its subsidiaries, provides intellectual property advisory services. Founded in 1975, and currently headed by CEO Keith Young, the company employs 255 people and with the company’s market capitalisation at GBP £43.86M, we can put it in the small-cap group.
MUR has a wholesome dividend yield of 3.49% and their current payout ratio is 60.13% . In the last 10 years, shareholders would have been happy to see the company increase its dividend from £0.09 to £0.17. Much to the delight of shareholders, the company has not missed a payment during this time. Murgitroyd Group is also reasonably priced, with a PE ratio of 17.2 that compares favorably with the GB Professional Services average of 17.2.
Harvey Nash Group plc (AIM:HVN)
Harvey Nash Group plc, together with its subsidiaries, provides recruitment and outsourcing solutions primarily in the United Kingdom and Northern Europe. Formed in 1988, and now led by CEO Albert Ellis, the company size now stands at 2,526 people and with the company’s market capitalisation at GBP £56.13M, we can put it in the small-cap category.
HVN has a enticing dividend yield of 5.29% and their payout ratio stands at 43.47% . In the case of HVN, they have increased their dividend per share from £0.014 to £0.0409 so in the past 10 years. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend.
Town Centre Securities PLC (LSE:TOWN)
Town Centre Securities PLC (TCS) is a leading UK property investment and development company with property assets of approximately £375 million. Started in 1959, and headed by CEO Edward Ziff, the company provides employment to 122 people and with the stock’s market cap sitting at GBP £156.22M, it comes under the small-cap stocks category.
TOWN has a solid dividend yield of 3.91% and pays out 90.91% of its profit as dividends . The company’s DPS have increased from £0.075 to £0.115 over the last 10 years. The company has been a dependable payer too, not missing a payment in this 10 year period. Town Centrecurities has sustained a positive annual earnings growth over the past five years of 7.8%.