As you can see, their dividend yields for next year crush the Footsie’s 3.5% forward average into smithereens. I am confident that these companies can pay a large and growing sum dividend for years to come too.

ITV

ITV has had a difficult few years due to evaporating advertising sales. But with marketing budgets improving, now may be a good time to consider buying the broadcast giant.

Longer term, there are other reasons why I like ITV shares. The company bet big on the fast-growing streaming industry, and it’s paying off handsomely. Third-quarter financial results showed streaming hours on its ITVX platform increased by a further 14%.

Remember, however, that strong competition from companies like Netflix poses a threat to future growth.

I also love the huge investment ITV is making to create a world-leading production arm. ITV studios’ organic revenues are expected to grow, on average, by a record 5% through 2026.

For 2025, the planned dividend is covered twice by the expected dividends. This perfectly matches the widely considered safety benchmark.

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As a major automotive distributor, Inchcape’s profits are vulnerable during economic downturns. Sales of big-ticket items are usually the first thing to go when people feel the pinch.

However, despite these threats, the dividends of the coming years seem assured, in my opinion. For 2025, the planned dividend is covered 2.4 times by expected profits, leaving a wide margin for error.

With operations in 40 countries, the company benefits from a broad geographic spread that helps reduce earnings risk and dividend turbulence.

Speaking of distribution, I appreciate Inchcape’s decision to sell its UK retail operations earlier this year and become an outright distributor.

Doubling down here – what the company described as “higher margin, less capital, higher yield, more cash generative, compared to retail-only businesses“- bodes well, in my opinion. Improving cash flow could certainly provide a boost to dividend growth.

Care REIT

Care REIT – which until last month was known as Impact Healthcare REIT – also has good dividend coverage, at 2.1 times.

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This adds additional strength to an already robust dividend stock. As an operator of retirement homes and accommodation, it operates in a defensive sector where rent collections are generally not affected by wider economic conditions.

That’s not all. All of its contracts are 100% linked to inflation, protecting profits from rising costs. And Care REIT imposes ultra-long contracts on its tenants (the weighted average duration of unexpired leases is more than 20 years).

Real estate investment trusts (REITs) like this must pay out at least 90% of the profits from their rental operations as dividends. Although earnings will be affected by rising interest rates, I think this is worth serious consideration by dividend investors.