Small cap stocks with dividends

Small-cap stocks and dividends aren’t always synonymous. However, this is not true for these three stocks. They have provided consistent income to their shareholders. Also, the shares of these companies have grown tremendously in the last three months, indicating positive sentiment in the market.

Sinclair: +5% dividend yield in an overlooked segment of the TV industry

Sinclair NASDAQ: SBGI Currently pays a quarterly dividend of $0.25 per share, bringing its dividend yield to 5.5%. Shares have gained an impressive 30% in the last three months. Sinclair operates in the local television and regional sports media industry. Sinclair is one of the largest producers of local news in the United States, operating in 86 markets. It includes three top-15 markets in Washington, DC, Seattle, WA, and Minneapolis, MN.

It may sound like an industry in rapid decline, but Sinclair is actually experiencing a resurgence. Revenue growth has been positive in every quarter through 2024 and growing rapidly. The 3% growth seen in Q1 rose to 20% in Q3. Broadcast TV has recently fared better than cable companies.

Streaming platforms are gaining TV viewers, mostly from cable. From September 2023 to September 2024, cable lost nearly 4% of its market share, while Local broadcasts lost less than half a percent.

More sporting events are moving to TV broadcasts, a key audience driver. ABC added six NFL Monday Night Football games in 2024. In addition, 12 major professional sports teams have broadcast deals with local networks. These are positive signs for the industry.

Deluxe: Fixed-eddy dividend payers prefer trading efficiency

Deluxe NYSE: DLX has paid a $0.30 per share dividend every quarter since at least 2017. This has given the stock a 5.2% dividend yield over the last 12 months. The shares have also gained significantly recently, gaining 14% in the past three months.

The company is in the payment processing business, with most of its customers being small and medium-sized firms. Its software and equipment allow companies to accept debit and credit cards and government benefits such as food stamps. Its solutions decide whether to reject or approve the purchase by communicating with the bank or other institution. Its software integrates with merchant accounting software to allow accurate financial reporting.

Interestingly, the company also generates more than $700 million in revenue in 2023 from check printing. Despite the age of digitalisation, this is clearly a service that many still need; Revenue from checks fell just 2% last quarter. The company’s merchant services revenue grew more than 6%. Overall, the company’s comparable adjusted income Decreased by less than 1%. It is running efficiently in its business. Profits are rising despite a decline in revenue.

Management aims to continue this, forecasting revenue to grow around 3% and aiming to increase its free cash flow substantially. It is a low-growth business that understands its position. Still, analysts believe it remains undervalued; The average Wall Street price target represents a 34 percent increase in shares.

Silvercrest: Big Money Management and Big Dividends

Silvercrest Asset Management Group NASDAQ: SAMG has increased its quarterly dividend by 67% since 2017, paying $0.20 per share over the last two quarters. This brings its dividend yield to 4.4%. shares of Financial stocks There has also been a substantial increase of 15% in the last three months.

Silvercrest is in the ultra-high-net-worth and institutional wealth management industry. As of Q3, the firm is liquidated $35 billion in assets under managementAn increase of 13% over the prior year quarter. The company helps clients in all financial matters. This includes tax management, wealth planning, and investment management. It creates value for clients by choosing investment funds and building their own stock portfolio.

Since its inception, each of the firm’s proprietary stock portfolios has beaten its respective benchmark index. That’s pretty impressive, especially considering many of these portfolios go back to 2002.

This is one of the factors that has allowed the company to maintain an average customer retention rate of 98% since 2006. Revenue growth has not been impressive at 2% to 4% in recent quarters, but the industry is poised to continue growing. In 2023, the number of ultra-high-net-worth The number of people worldwide increased by 5%.

Before you consider Sinclair, you might want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified Five stocks That top analysts are quietly telling their clients to buy now before the broader market comes in… and Sinclair wasn’t on the list.

While Sinclair currently has a “Hold” rating among analysts, top analysts believe these five stocks are better buys.

Check out five stocks here

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