Communications Systems (JCS)
JCS Dividend Yield: 5.5%
While it scores zero points for the creativity of its moniker, Communications Systems (JCS) scores big points with shareholders for its regular income distribution. JCS stock has paid a dividend every quarter for more than two decades. Better still, Communications Systems has ramped up its dividend payout every year for the past 10, and now yields an impressive dividend yield of 5.5%.
How does a technology company afford to be that reliable and generous?
Simple: Communications Systems makes the hardware needed to build broadband-based networks. It’s not particularly high-brow stuff, but it’s certainly marketable in any environment.
One important thing to note, however, if you’re going hunting for dividend yield in JCS — it’s an extremely low-volume stock, at just more than 10,000 shares changing hands daily. In other words, bid-ask spreads aren’t necessarily going to be the best, so use limit orders and stop-losses when dealing with JCS stock.