Dividend stocks such as NWF Group and Gattaca can help diversify the constant stream of cash flows from your portfolio. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
NWF Group plc (AIM:NWF)
NWF Group plc, together with its subsidiaries, operates as an agricultural and distribution business that delivers feed, food, and fuel in the United Kingdom. Formed in 1871, and now run by Richard Whiting, the company provides employment to 901 people and with the market cap of GBP £81.51M, it falls under the small-cap group.
NWF has a good dividend yield of 3.58% and their payout ratio stands at 53.04% . NWF’s DPS have risen to £0.06 from £0.04 over a 10 year period. The company has been a reliable payer too, not missing a payment during this time.
Gattaca plc (AIM:GATC)
Gattaca plc, a human capital resources company, provides contract and permanent recruitment in the private and public sectors primarily in the United Kingdom. Formed in 1984, and now led by CEO Brian Wilkinson, the company currently employs 876 people and has a market cap of GBP £91.82M, putting it in the small-cap category.
GATC has a large dividend yield of 7.99% and their current payout ratio is 100.81% . GATC’s DPS have risen to £0.23 from £0.14 over a 10 year period. They have been consistent too, not missing a payment during this 10 year period. When we compare Gattaca’s PE ratio with its industry, the company appears favorable. The GB Professional Services industry’s average ratio of 18.3 is above that of Gattaca’s (12.6).
The Character Group plc (AIM:CCT)
The Character Group plc designs, develops, and distributes toys, games, and giftware in the United Kingdom and internationally. Formed in 1991, and run by CEO Kirankumar Shah, the company size now stands at 193 people and with the stock’s market cap sitting at GBP £95.03M, it comes under the small-cap category.
CCT has a great dividend yield of 4.42% and has a payout ratio of 40.03% , with analysts expecting this ratio in three years to be 56.69%. Dividends per share have increased during the past 10 years, but there have been a couple hiccups. However, they have historically always picked up again.
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.