Watch List – Sirius XM Holdings Inc. (NASDAQ:SIRI), Cobalt International Energy, Inc. (NYSE:CIE)
Investors looking to grow long term wealth should devote at least some of their portfolio to companies that pay dividends. But how do you choose which ones to add to your portfolio? If you are looking for dividend paying stocks, the most reliable companies to add to your portfolio are those that don’t just pay dividends, but that raise them regularly.
Public companies and their boards typically start issuing regular dividend payments to common shareholders once their companies have reached a significant size and level of stability. Often, young, fast-growing companies prefer not to pay dividends, opting instead to re-invest their retained earnings into their business operations, compounding their growth and thus the book value of their shares over time. However, once a company does decide to start paying a specified amount of money to shareholders in the form of regular cash dividends, its stock usually trades with a little less price volatility in the market.
These companies have long track records of creating long-term value for shareholders.
Sirius XM Holdings Inc. (NASDAQ:SIRI) traded 23,574,678 shares on last trading session with closing price of $4.78.
SIRI was trading -13.39% below its 52-week high and 28.65% above its 52-week low. Its last 5-Year EPS growth stands at 18.00%; with earnings growth of 28.30% yoy. The stock stands -5.93% below the average-price of 50 days and -3.65% compared with the SMA 20.
The stock has a 1-year performance up 23.69% and a negative weekly performance at -2.45%. Moreover, the stock is down -6.08% in one month through last close, to $4.78, showing a 0.63% return during the past three months. The company is set at a mean analysts’ recommendation of 2.40.
SIRI has been paying dividends since 2012 and has raised their dividend for 0 consecutive years. It has a dividend yield of 0.80% and a 5 year dividend growth rate of 0.00%. Their payout ratio is 20.00%.
Cobalt International Energy, Inc. (NYSE:CIE) shares moved to $0.314 after opening the day at $0.27, on Monday. The stock floated in a price range of $0.26 to $0.34, with market capitalization of $136.37M. The stock exchanged hands with 19,533,946 shares higher as compared to its average daily volume of 10.20M shares. If we take a look on its volatility, 13.47 percent was seen in a week and for the month it was 12.39 percent.
The company’s net profit margin stands at N/A whereas its return on equity (ROE) is N/A. It has 442.74M of outstanding shares and its shares float measured at 430.88M. The average analysts gave this company a mean recommendation of 2.80.
CIE first paid dividend in None and has increased their dividend for 0 straight years. They have a dividend yield of 0.00% and a 5 year dividend growth rate of 0.00%.