How Dividend Stability Matters? – (BRO, ESS, FLIC, SEIC, CHRW)

Do you agree stability matters? One of the most important factors to consider while designing a stable dividend portfolio is the durability of the dividend. As a desired feature, stability also tends to have a higher value placed upon it. Dividends with stable dividend policy provide constant recurring income for the shareholders in the form of regular dividends and are ideal for investors who prefer relatively lower risk in their equity portfolio. The share prices of such dividend stocks also have a tendency to be less unstable as their earnings are rather constant regardless of the economic cycles.

Brown & Brown, Inc. (NYSE:BRO)’s annual dividend yield stands at 2.04% and maintains a dividend payout ratio of 2.15%. The stock has a dividend of $0.20 annually. BRO’s shares traded in the range of $8.82 – $13.05 in the last 52 weeks. BRO, a diversified insurance agency, engages in the marketing and sale of insurance products and services in the United States.

Essex Property Trust Inc. (NYSE:ESS) operates as a self-administered and self-managed real estate investment trust in the United States. Essex Property Trust Inc. pays a dividend of $4.40 annually. The company has an annual dividend yield of 2.97% and has a dividend payout ratio at 209.86%. Shares of ESS have been floating in the range of $111.25 – $161.53 in the last 52 weeks.

The First of Long Island Corporation (NASDAQ:FLIC) has an annual dividend of $1.00 while keeping its dividend yield at 3.19%. The company maintains a dividend payout ratio of 39.55%. Shares of FLIC have been trading in the range of $21.55 – $31.71 in last 52 weeks. FLIC operates as a bank holding company for The First National Bank of Long Island that provides financial services.

SEI Investments Company (NASDAQ:SEIC) is a publicly owned investment manager. SEI Investments Company pays a dividend of $0.30 annually. The stock has an annual dividend yield of 1.41% and maintains a dividend payout ratio of 40.97%. Shares of SEIC have been floating in the range of $13.73 – $22.85 in the last 52 weeks.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)’s shares have been trading in the range of $50.81 – $76.76 in the last 52 weeks. The company pays a dividend of $1.32 annually and has a dividend payout ratio of 46.96%. The stock maintains an annual dividend yield of 2.25%. CHRW a third-party logistics company provides freight transportation services and logistics solutions to companies in various industries worldwide.

Disclosure: The views and opinions expressed in this article are exclusively those of the authors who have no stake in any stocks mentioned, and hold no plan to acquire any stake within the next 5 days.