Yahoo Finance Hedge Your Bet With These Dividend Payers
Sino Land, China Overseas Land & Investment, and Industrial and Commercial Bank of China 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. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
Sino Land Company Limited (SEHK:83)
Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. The company provides employment to 7140 people and with the company’s market cap sitting at HKD HK$87.95B, it falls under the large-cap group.
83 has a good dividend yield of 3.98% and the company currently pays out 23.32% of its profits as dividends , with analysts expecting this ratio to be 66.08% in the next three years. In the case of 83, they have increased their dividend per share from HK$0.36 to HK$0.53 so in the past 10 years. It should comfort existing and potential future shareholders to know that 83 hasn’t missed a payment during this time. Sino Land’s performance over the last 12 months beat the hk real estate industry, with the company reporting 115.77% EPS growth compared to its industry’s figure of 46.68%. Dig deeper into Sino Land here.
China Overseas Land & Investment Limited (SEHK:688)
China Overseas Land & Investment Limited, an investment holding company, engages in the property development and investment, and treasury operations. Formed in 1979, and currently headed by CEO Jianguo Yan, the company provides employment to 5,600 people and with the stock’s market cap sitting at HKD HK$291.43B, it comes under the large-cap stocks category.
688 has a decent dividend yield of 3.01% and is paying out 21.50% of profits as dividends , with the expected payout in three years being 24.88%. In the last 10 years, shareholders would have been happy to see the company increase its dividend from HK$0.12 to HK$0.80. The company has been a reliable payer too, not missing a payment during this time. Dig deeper into China Overseas Land & Investment here.
Industrial and Commercial Bank of China Limited (SEHK:1398)
Industrial and Commercial Bank of China Limited provides various banking products and services primarily in China and internationally. Formed in 1984, and currently lead by Shu Gu, the company size now stands at 453,048 people and with the market cap of HKD HK$2.49T, it falls under the large-cap stocks category.
1398 has a sumptuous dividend yield of 4.45% and the company has a payout ratio of 30.10% , with analysts expecting a 30.11% payout in the next three years. Over the past 10 years, 1398 has increased its dividends from CN¥0.15 to CN¥0.30. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. More detail on Industrial and Commercial Bank of China 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.
