Gap is one of companies that can help grow your investment income by paying large dividends. These stocks are a safe bet to increase your portfolio value as they provide both 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. As a long term investor, I favour these great dividend-paying stocks that continues to add value to my portfolio.
The Gap, Inc. (NYSE:GPS)
The Gap, Inc. operates as an apparel retail company worldwide. Started in 1969, and run by CEO Arthur Peck, the company size now stands at 135,000 people and with the stock’s market cap sitting at USD $9.51B, it comes under the mid-cap group.
GPS has a wholesome dividend yield of 3.79% and the company currently pays out 43.68% of its profits as dividends , with the expected payout in three years hitting 44.76%. The company’s DPS have increased from $0.32 to $0.92 over the last 10 years. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period.
W.W. Grainger, Inc. (NYSE:GWW)
W.W. Grainger, Inc. distributes maintenance, repair, and operating (MRO) supplies; and other related products and services that are used by businesses and institutions in the United States, Canada, Europe, Asia, and Latin America. Established in 1927, and currently run by Donald MacPherson, the company size now stands at 25,000 people and has a market cap of USD $9.45B, putting it in the mid-cap group.
GWW has a decent dividend yield of 3.13% and is paying out 57.38% of profits as dividends . GWW’s last dividend payment was $5.12, up from it’s payment 10 years ago of $1.4. They have been consistent too, not missing a payment during this 10 year period.
The Western Union Company (NYSE:WU)
The Western Union Company provides money movement and payment services worldwide. Founded in 2006, and currently run by Hikmet Ersek, the company now has 10,700 employees and with the company’s market capitalisation at USD $8.72B, we can put it in the mid-cap stocks category.
WU has a solid dividend yield of 3.72% and pays 168.12% of it’s earnings as dividends . WU has increased its dividend from $0.04 to $0.7 over the past 10 years. Much to the delight of shareholders, the company has not missed a payment during this time. The company also looks promising for it’s future growth, with analysts expecting an impressive earnings per share increase of 370.9% over the next three years.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.