These mid-sized companies have great dividend paying records, and could be just the ticket for your retirement portfolio.
Year to date, the S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) is up just over 4%. Nevertheless, there are opportunities that investors can take advantage of. They may not be glamorous, but they may well be the most likely candidates to get your portfolio ready for retirement, or any other long-term financial goal you have.
To give you some ideas, we've turned to mid-sized companies trading at reasonable prices. We've also focused on companies that have a consistent history of paying decent dividend yields, and not so widely followed, that everyone has already piled into them.
Here are some of the companies we've turned up:
| Company | Forecast P/E ratio | Current dividend yield |
| Flexigroup Limited (ASX: FXL) | 12.5x | 4.1% |
| JB Hi-Fi Limited (ASX: JBH) | 14.3x | 4.0% |
| Amalgamated Holdings Limited (ASX: AHD) | 15.6x | 4.5% |
| Cedar Woods Properties Limited (ASX: CWP) | 13.8x | 3.6% |
Source: CapitalIQ
As a bonus, all four companies pay fully franked dividends. From consumer finance, electronics, entertainment to property development, these four are reasonably priced, without being red-light specials. But all four have largely avoided the gaze of investors – you could even call them boring.
And if you look back, you'll find that most have paid consistent dividends over the past few years, and have a good track record of performance. Solid, unobtrusive companies like these won't appear on many investors' radars, making them all the more attractive for Fools disciplined enough to dig them up.
With the right stocks, you can both generate decent capital gains and receive income through both the good and bad periods.
