Look at the 5 dividend kings of August 2021

Summary

  • Livestock Improvement Corporation offer sumptuous final dividend
  • Henderson Far East Income announces its latest dividend for shareholders
  • The City of London Investment trust announces good interim dividend like each year

Offering dividends may arguably be one of the best ways for keeping shareholders interested in the business generating trust in the business’s stability and longevity. While looking for companies to invest with, it's dividend paying capacity, history, gross dividend yield and market cap are some of the factors one must keep in mind. Let's have a look at the top dividend payers for August 2021.

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Livestock improvement corporation (NZX:LIC)

This is a livestock in agriculture based company focused on developing new technology for the growth of the sector. Offering a gross dividend yield of 13.11%, and market cap NZ$171,561, the Company is paying a final dividend of 12.511c, with imputation 4.865c, which is to be paid on 20 August 2021. The Company has consistently paid final dividends to its shareholders each year.

On 29 July 2021, Livestock improvement corporation traded at NZ$1.350 flat at the time of writing.

NZX, New Zealand’s Exchange

Also read: 5 Most Discussed NZX Dividend Stocks To Explore In the Wake of Budget 2021

Australian Foundation Investment Company(NZX:AFI) (ASX:AFI)

One of the major LIC related Companies in the country, it has been known to provide good returns to its shareholders, with different means of return on investment. With its gross dividend yield being 2.961% and the market cap being NZ$10, 670,114, the Company is set to give out an interim dividend of 14.000c, to be paid on 31 August 2021. Historically, the Company has  been giving out at least 2 dividends each per year.

On 29 July 2021, Australian Foundation Investment Company traded at NZ$8.780, up by 0.46% at the time of writing.

NZX, New Zealand’s Exchange

Read now: Here Are The 4 Interesting NZX Players Declaring Dividend In May 2021

Tilt Renewables Limited (NZX:TLT) (ASX:TLT)

This energy based stock is focused on harnessing renewable energy successfully, delivering services across New Zealand and Australia. With its gross dividend yield of 1.27% and market cap being NZ$3,036,020. The Company has announced a special dividend of 6.500c with 2.528c imputation, which is to be paid on 30 July 2021. The last dividend paid by the Company was in the year 2018.

On 29 July 2021, Tilt Renewables Limited traded at NZ$8.010,flat at the time of writing.

Don’t miss: Why Tilt Renewables’ (ASX:TLT) FY21 profit plunged 86%

NZX, New Zealand’s Exchange

Henderson Far East Income Limited (NZX:HFL)

This is a mutual fund variety working with the aim of fetching the best returns for its clients. The gross dividend yield  of the Company stands at 6.898% while the market cap value is NZ$977, 071. Offering an interim dividend of 5.900p, to be paid on 27 August 2021, the Company has been seen to be consistent with dividends each year.

On 29 July 2021, Henderson Far East Income Limited traded at NZ$6.500, up by 0.74% at the time of writing.

NZX, New Zealand’s Exchange

Also read: Why Are These 6 NZX Dividend Stocks Ideal For Retirement?

The City of London investment Trust (NZX:TCL)

Established in the year 1861, this is known to be one of UK’s oldest investment trusts. the company offers the growth dividend yield of 4.695% along with a market cap value of NZ$ 3,505,416. There has been the announcement of an interim dividend of value 4.800p, payabl on 31 August 2021. Previously too, it has been known to offers substantial interim as well as final dividends to its shareholders.

On 29 July 2021, The City of London Investment Trust traded at NZ$7.950, up by 1.27% at the time of writing.

NZX, New Zealand’s Exchange

Read now: 4 Most Discussed NZX Dividend Stocks To Explore In May 2021

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