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10 November 2018
By Maynard Paton
You might recall from the other week that I decided to unearth the market’s most reliable dividend payers.
My theory was simple — companies with illustrious payout records should provide much more reliable returns during market setbacks than a collection of more speculative shares.
I therefore employed SharePad to identify companies that had lifted their dividend every year for at least the last ten years… and by a compound average of 5% or more.
I also limited the search to companies that offered a forecast payout yield of 4%-plus.
My initial screening pinpointed PayPoint — although my SharePad trawling did reveal another interesting name: Zytronic.
You see, this particular small-cap also boasted an extended history of rising dividends…
…but in addition, offered a 5.7% forecast yield and net cash that represented a substantial 22% of its market cap.
Simply click here to read my Zytronic article for SharePad.
Maynard Paton