Conglomerates are companies that have diversified interests in many sectors, varying from electronics to foods to finance, and everything in between. Companies that are structured as conglomerates have declined in numbers in recent decades, as the break-up potential often outweighs the value of a single company that does a bit of everything. The dividend yields of conglomerates can vary widely from the exposure to so many different industries, but generally the sector offers dividend yields that are above-average when compared with the wider market.
Whereas, if you’re interested in investing in individual conglomerates stocks, check out the tables below.
|Industry||Company Count||Industry Dividend Yield|
|Conglomerates - General||13||2.01%|
Conglomerates Sector Dividend Yield*
*Calculated as the simple average of company dividend yields in this group
|Stock Symbol||Company Name||DARS™ Rating||Dividend Yield||Current Price||Annual Dividend||Ex-Div Date||Pay Date|
|LUK||Leucadia National Corp.||1.33%||$18.80||$0.25||09/15/16||09/30/16|
|MGT||MGT Capital Investments Inc.||0.00%||$2.36||$0.00||03/21/12|
|NMFC||New Mountain Finance Corp.||10.07%||$13.50||$1.36||09/14/16||09/30/16|
|PBSK||Poage Bankshares Inc||1.67%||$19.15||$0.32||11/02/16||11/14/16|
* Stock Price shown is previous day’s closing price.
** Dividend yield is calculated from Dividend Payout and previous day’s closing price.