Yahoo Finance Top LSE Industrial Dividend Paying Companies
Although the industrial sector is generally characterized by a wide variety of markets with companies spanning the quality spectrum, most names suffer relatively high cyclicality. As such, the position a company has relative to the economic cycle drives its level of profitability. Availability of cash flows also determines the level of dividend payout. In times of growth, these industrial companies could provide opportune income through dividend. If you’re a long term investor, these high-dividend industrials stocks can boost your monthly portfolio income.
Tex Holdings plc (LSE:TXH)
TXH has a great dividend yield of 6.83% and the company currently pays out 73.96% of its profits as dividends . While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Tex Holdings seems reasonably priced when looking at its PE ratio (10.8). The industry average suggests that GB Machinery companies are more expensive on average 21.7. Dig deeper into Tex Holdings here.
MS INTERNATIONAL plc (AIM:MSI)
MSI has a solid dividend yield of 3.87% and their payout ratio stands at 60.73% . The company’s dividends per share have risen from UK£0.037 to UK£0.08 over the last 10 years. They have been consistent too, not missing a payment during this 10 year period. MS INTERNATIONAL’s earnings growth over the past 12 months has exceeded the gb aerospace & defense industry, with the company reporting an EPS growth of 29.28% while the industry totaled 19.68%. Interested in MS INTERNATIONAL? Find out more here.
Costain Group PLC (LSE:COST)
COST has a good dividend yield of 3.05% and is paying out 44.96% of profits as dividends , with analysts expecting the payout ratio in three years to be 45.93%. Over the past 10 years, COST has increased its dividends from UK£0.05 to UK£0.14. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. Dig deeper into Costain Group 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.
