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May Top Dividend Payers

Abano Healthcare Group, Property For Industry, and SKY Network Television all share one thing in common. They are on our list of top paying dividend stocks which have helped grow my portfolio income over the past couple of months. Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.

Abano Healthcare Group Limited (NZSE:ABA)

Abano Healthcare Group Limited provides healthcare and medical services. Established in 1961, and currently run by Richard Keys, the company employs 2,000 people and with the company’s market capitalisation at NZD NZ$230.32M, we can put it in the small-cap stocks category.

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ABA has a large dividend yield of 4.04% and their payout ratio stands at 73.75% , with analysts expecting a 75.49% payout in the next three years. In the last 10 years, shareholders would have been happy to see the company increase its dividend from NZ$0.26 to NZ$0.36. They have been dependable too, not missing a single payment in this time. Dig deeper into Abano Healthcare Group here.

NZSE:ABA Historical Dividend Yield May 30th 18
NZSE:ABA Historical Dividend Yield May 30th 18

Property For Industry Limited (NZSE:PFI)

Property For Industry Limited engages in the property investment and management business in New Zealand. Property For Industry was founded in 1994 and has a market cap of NZD NZ$840.35M, putting it in the small-cap group.

PFI has a enticing dividend yield of 4.48% and the company has a payout ratio of 66.25% , and analysts are expecting a 90.19% payout ratio in the next three years. The company’s DPS has increased from NZ$0.071 to NZ$0.075 over the last 10 years. The company has been a reliable payer too, not missing a payment during this time. In the last few years, Property For Industry has sustained a positive EPS growth. It’s five year average earnings growth is 7.61%. More on Property For Industry here.

NZSE:PFI Historical Dividend Yield May 30th 18
NZSE:PFI Historical Dividend Yield May 30th 18

SKY Network Television Limited (NZSE:SKT)

SKY Network Television Limited provides multi-channel, pay television, and free-to-air television services in New Zealand. Established in 2005, and now run by John Fellet, the company now has 1,192 employees and with the company’s market capitalisation at NZD NZ$930.04M, we can put it in the small-cap category.

SKT has an alluring dividend yield of 6.28% and is paying out 63.14% of profits as dividends , with analysts expecting this ratio in three years to be 65.60%. Despite some volatility in the yield, DPS has risen in the last 10 years from NZ$0.14 to NZ$0.15. Comparing SKY Network Television’s PE ratio against the Oceania Media industry draws favorable results, with the company’s PE of 7.5 being below that of its industry (14.1). Interested in SKY Network Television? Find out more here.

NZSE:SKT Historical Dividend Yield May 30th 18
NZSE:SKT Historical Dividend Yield May 30th 18

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.