Ford Motor And Other Great Transport Income Stocks

Companies in the transportation and automobile sector operate in areas ranging from airport services to auto part components. Most of these names such as Ford Motor and C.H. Robinson Worldwide suffer from high cyclicality. As such, the position a company has relative to the economic cycle drives its level of profitability. This impacts cash flows which in turn determines the level of dividend payout. During times of growth, these companies could provide a strong boost to your portfolio income. I’ve made a list of other value-adding dividend-paying stocks in the transport and automobile industry for you to consider for your investment portfolio.

Ford Motor Company (NYSE:F)

F has a large dividend yield of 5.36% and their payout ratio stands at 54.09% . Despite some volatility in the yield, DPS has risen in the last 10 years from $0 to $0.65. The company also looks promising for it’s future growth, with analysts expecting an earnings per share increase of 52.31% over the next three years.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW)

CHRW has a decent dividend yield of 2.28% and their payout ratio stands at 53.53% , with an expected payout of 60.35% in three years. CHRW’s last dividend payment was $1.8, up from it’s payment 10 years ago of $0.88. It should comfort existing and potential future shareholders to know that CHRW hasn’t missed a payment during this time.

Harley-Davidson, Inc. (NYSE:HOG)

HOG has a good dividend yield of 3.10% and is distributing 44.88% of earnings as dividends . While there’s been some level of instability in the yield, HOG has overall increased DPS over a 10 year period from $1.2 to $1.46.

For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.