Stocks with a long History of Stable Dividend – (BANF, IMO, PRE, NEE, ANDE)

One way to realize the stability of dividends is the distribution of the same ordinary dividend year after year. In amazingly strong financial years, some unexpected dividends may be paid out. But investors should not wait for these added dividends every year in the future. However, the ordinary dividends should steadily move up with profits. Thus, the board of directors keeps the dividend payout at some target percentage of long run average earnings.

The scope of dividend policy could be an importance part in preparing a dividend policy. Several factors work well as questions the companies ask themselves when they make the significant dividend decisions. The stability of the dividends and the average payout ratio are the questions that are generally asked by firms in process of their dividend decisions.

BancFirst Corporation (NASDAQ:BANF) has an annual dividend of $1.16 while keeping its dividend yield at 2.68%. The company maintains a dividend payout ratio of 32.73%. Shares of BANF have been trading in the range of $31.26 – $44.00 in last 52 weeks. BANF operates as the holding company for BancFirst that provides commercial banking services to retail customers and small to medium-sized businesses in Oklahoma.

Imperial Oil Limited (USA) (NYSE:IMO) engages in the exploration, production, and sale of crude oil and natural gas in Canada. Imperial Oil Limited pays a dividend of $0.49 annually. The stock has an annual dividend yield of 1.05% and maintains a dividend payout ratio of 10.84%. Shares of IMO have been floating in the range of $32.18 – $50.00 in the last 52 weeks.

Partnerre Ltd. (NYSE:PRE) through its subsidiaries, provides reinsurance services worldwide. Partnerre Ltd. pays a dividend of $2.48 annually. The company has an annual dividend yield of 3.29% and has a dividend payout ratio at 24.63%. Shares of PRE have been floating in the range of $50.16 – $77.17 in the last 52 weeks.

NextEra Energy, Inc. (NYSE:NEE)’s annual dividend yield stands at 3.42% and maintains a dividend payout ratio of 45.06%. The stock has a dividend of $2.40 annually. NEE’s shares traded in the range of $51.33 – $72.22 in the last 52 weeks. NEE through its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in the United States and Canada.

The Andersons, Inc. (NASDAQ:ANDE)’s shares have been trading in the range of $30.04 – $51.50 in the last 52 weeks. The company pays a dividend of $0.60 annually and has a dividend payout ratio of 13.02%. The stock maintains an annual dividend yield of 1.59%. ANDE engages in the grain, ethanol, plant nutrient, railcar leasing and repair, turf products production, and general merchandise retailing businesses.

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.