Guess’ is one of companies on my list of top dividend stocks. Dividend 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. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
Guess’, Inc. (NYSE:GES)
Guess?, Inc. designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. Formed in 1981, and currently headed by CEO Amigo Herrero, the company now has 14,700 employees and with the company’s market cap sitting at USD $1.87B, it falls under the small-cap category.
GES has a decent dividend yield of 3.95% and their current payout ratio is -854.36% , with the expected payout in three years being 63.09%. The company’s DPS has increased from US$0.32 to US$0.90 over the last 10 years. They have been dependable too, not missing a single payment in this time. GES boasted a strong return on shareholders funds (ROE) in the last year, surpassing the US Specialty Retail industry average of 12.93%. More on Guess’ here.
Signet Jewelers Limited (NYSE:SIG)
Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and other products in the United States, Canada, the United Kingdom, the Republic of Ireland, and the Channel Islands. Started in 1950, and now led by CEO Virginia Drosos, the company employs 24,888 people and with the market cap of USD $2.24B, it falls under the mid-cap stocks category.
SIG has a solid dividend yield of 3.96% and is distributing 16.06% of earnings as dividends , with analysts expecting a 40.40% payout in the next three years. Although investors would have seen a few years of reduced payments, it has picked up again, with dividends increasing from US$1.46 to US$1.48 over the past 10 years. It should comfort potential investors that the company isn’t expensive when we look at its PE ratio compared to the US Specialty Retail industry. Signet Jewelers’s PE ratio is 4.8 while its industry average is 19.2. Dig deeper into Signet Jewelers here.
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL)
Cracker Barrel Old Country Store, Inc. develops and operates the Cracker Barrel Old Country Store concept in the United States. Formed in 1969, and currently headed by CEO Sandra Cochran, the company currently employs 73,000 people and with the company’s market capitalisation at USD $3.97B, we can put it in the mid-cap group.
CBRL has an appealing dividend yield of 5.02% and their payout ratio stands at 47.89% , with analysts expecting the payout in three years to be 84.04%. The company’s DPS has increased from US$0.72 to US$8.30 over the last 10 years. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. More detail on Cracker Barrel Old Country Store here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.