Dividend stocks such as Ennis and EMC Insurance Group can help diversify the constant stream of cash flows from your portfolio. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
Ennis, Inc. (NYSE:EBF)
Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. Established in 1909, and headed by CEO Keith Walters, the company currently employs 2,183 people and with the company’s market cap sitting at USD $561.32M, it falls under the small-cap group.
EBF has a substantial dividend yield of 4.17% and distributes 59.31% of its earnings to shareholders as dividends . EBF has increased its dividend from US$0.62 to US$0.90 over the past 10 years. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period. Ennis’s performance over the last 12 months beat the us commercial services industry, with the company reporting 24.36% EPS growth compared to its industry’s figure of 6.12%. More on Ennis here.
EMC Insurance Group Inc. (NASDAQ:EMCI)
EMC Insurance Group Inc., an insurance holding company, provides property and casualty insurance, and reinsurance products in the United States. EMC Insurance Group was formed in 1974 and with the stock’s market cap sitting at USD $605.96M, it comes under the small-cap category.
EMCI has a good-sized dividend yield of 3.34% and is currently distributing 56.85% of profits to shareholders , with analysts expecting the payout in three years to be 67.84%. In the case of EMCI, they have increased their dividend per share from US$0.48 to US$0.88 so in the past 10 years. Much to the delight of shareholders, the company has not missed a payment during this time. Investors will be glad to know that EMC Insurance Group has kept up a positive annual earnings growth over the past five years of 9.79%. Dig deeper into EMC Insurance Group here.
Flushing Financial Corporation (NASDAQ:FFIC)
Flushing Financial Corporation operates as the bank holding company for Flushing Bank that provides banking products and services primarily to consumers, businesses, and governmental units. Established in 1929, and headed by CEO John Buran, the company provides employment to 456 people and with the company’s market capitalisation at USD $744.66M, we can put it in the small-cap stocks category.
FFIC has a decent dividend yield of 3.13% and pays 53.14% of its earnings as dividends . FFIC’s last dividend payment was US$0.80, up from it’s payment 10 years ago of US$0.52. During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend. Over the next 12 months, analysts are predicting double digit earnings growth of 32.30%. More on Flushing Financial here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.