Aggreko 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 a key role in compounding returns over time and can form a large part of our portfolio return. Below are more huge dividend-paying stocks that continues to add value to my portfolio holdings.
Aggreko plc (LSE:AGK)
Aggreko plc engages in the rental of temporary power and temperature control solutions to various customers. Established in 1962, and now run by Chris Weston, the company now has 6,181 employees and with the market cap of GBP £1.98B, it falls under the small-cap category.
AGK has a decent dividend yield of 3.48% and pays 57.40% of it’s earnings as dividends . In the last 10 years, shareholders would have been happy to see the company increase its dividend from £0.08 to £0.27. The company has been a dependable payer too, not missing a payment in this 10 year period.
Pearson plc (LSE:PSON)
Pearson plc provides educational materials and learning technologies for teachers and students worldwide. Established in 1844, and now run by John Fallon, the company currently employs 35,700 people and with the company’s market capitalisation at GBP £5.97B, we can put it in the mid-cap category.
PSON has a large dividend yield of 7.07% and the company has a payout ratio of -14.90% , with analysts expecting the payout ratio in three years to be 34.06%. Over the past 10 years, PSON has increased its dividends from £0.29 to £0.52. Much to the delight of shareholders, the company has not missed a payment during this time.
SSE plc (LSE:SSE)
SSE plc produces, generates, distributes, and supplies electricity and gas, as well as other energy-related services in the United Kingdom and Ireland. Started in 1989, and run by CEO Alistair Phillips-Davies, the company currently employs 21,157 people and with the company’s market cap sitting at GBP £13.19B, it falls under the large-cap group.
SSE has a enticing dividend yield of 7.00% and the company has a payout ratio of 68.23% , and analysts are expecting the payout ratio in three years to hit 76.07%. The company’s DPS has increased from £0.58 to £0.91 over the last 10 years. It should comfort existing and potential future shareholders to know that SSE hasn’t missed a payment during this time. The company recorded earnings growth of 69.82% in the past year, comparing favorably with the global electric utilities industry average of 5.25%.