Yahoo Finance Best SEHK Dividend Payers
Shimao Property Holdings, Hang Lung Properties, and Power Assets Holdings have one big thing in common. They are on my list of the best dividend stocks which have generously contributed to my portfolio income over the past couple of months. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
Shimao Property Holdings Limited (SEHK:813)
Shimao Property Holdings Limited, an investment holding company, engages in the property development and investment activities in the People’s Republic of China. Formed in 2004, and currently lead by Wing Hui, the company currently employs 8,394 people and has a market cap of HKD HK$78.25B, putting it in the large-cap stocks category.
813 has an appealing dividend yield of 4.31% and pays 35.83% of its earnings as dividends , with analysts expecting the payout in three years to be 39.48%. Although investors would have seen a few years of reduced payments, it has picked up again, with dividends increasing from CN¥0.34 to CN¥1.00 over the past 10 years. Analysts are optimistic on the company’s future earnings growth, estimating a 91.48% increase in the next three years. More detail on Shimao Property Holdings here.
Hang Lung Properties Limited (SEHK:101)
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. Formed in 1949, and currently run by , the company provides employment to 4,643 people and with the market cap of HKD HK$80.06B, it falls under the large-cap category.
101 has a large dividend yield of 4.21% and distributes 41.53% of its earnings to shareholders as dividends , with analysts expecting a 74.72% payout in the next three years. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Hang Lung Properties also reported a strong double digit earnings growth of 31.11% over the past 12 months. Dig deeper into Hang Lung Properties here.
Power Assets Holdings Limited (SEHK:6)
Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. Started in 1976, and now run by Chao Tsai, the company provides employment to 11 people and with the company’s market cap sitting at HKD HK$116.42B, it falls under the large-cap category.
6 has a substantial dividend yield of 5.13% and their current payout ratio is 71.84% , with analysts expecting a 76.58% payout in the next three years. 6’s dividends have seen an increase over the past 10 years, with payments increasing from HK$2.01 to HK$2.80 in that time. They have been reliable as well, ensuring that shareholders haven’t missed a payment during this 10 year period. The company recorded earnings growth of 29.64% in the past year, comparing favorably with the hk electric utilities industry average of 6.43%. Dig deeper into Power Assets Holdings here.
For more solid dividend paying companies to add to your portfolio, explore this 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.
