CITIC Telecom International Holdings is one of the companies that can help improve your portfolio income through large dividend payouts. Great dividend payers create a safe bet to increase investors’ portfolio value as payouts provide steady income and cushion against market risks. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
CITIC Telecom International Holdings Limited (SEHK:1883)
CITIC Telecom International Holdings Limited, an investment holding company, provides telecommunications services worldwide. Formed in 1997, and currently headed by CEO Zhenhui Lin, the company size now stands at 2,464 people and with the company’s market capitalisation at HKD HK$8.22B, we can put it in the mid-cap stocks category.
1883 has a enticing dividend yield of 6.93% and the company currently pays out 64.28% of its profits as dividends , with the expected payout in three years being 64.71%. In the case of 1883, they have increased their dividend per share from HK$0.041 to HK$0.16 so in the past 10 years. They have been consistent too, not missing a payment during this 10 year period. Interested in CITIC Telecom International Holdings? Find out more here.
Bank of Communications Co., Ltd. (SEHK:3328)
Bank of Communications Co., Ltd. provides commercial and retail banking products and services primarily in the People’s Republic of China. Formed in 1908, and currently run by Chun Peng, the company size now stands at 94,117 people and has a market cap of HKD HK$518.11B, putting it in the large-cap group.
3328 has a enticing dividend yield of 5.66% and is currently distributing 31.06% of profits to shareholders , with analysts expecting the payout ratio in three years to be 31.15%. Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from CN¥0.15 to CN¥0.35. More detail on Bank of Communications here.
Bank of China Limited (SEHK:3988)
Bank of China Limited, together with its subsidiaries, provides a range of banking and related financial services in the People’s Republic of China and internationally. Formed in 1912, and headed by CEO , the company size now stands at 311,133 people and has a market cap of HKD HK$1.36T, putting it in the large-cap stocks category.
3988 has an alluring dividend yield of 5.20% and has a payout ratio of 30.71% . 3988’s DPS have risen to CN¥0.22 from CN¥0.11 over a 10 year period. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. Dig deeper into 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.