Dividend stocks such as Yuexiu Transport Infrastructure and China Oriental Group can help diversify the constant stream of cash flows generated by your portfolio. These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Here are other similar dividend stocks that could be valuable additions to your current holdings.
Yuexiu Transport Infrastructure Limited (SEHK:1052)
Yuexiu Transport Infrastructure Limited, together with its subsidiaries, invests in, develops, operates, and manages toll expressways and bridges in the People’s Republic of China. The company size now stands at 1482 people and with the company’s market cap sitting at HKD HK$10.04B, it falls under the large-cap stocks category.
1052 has an alluring dividend yield of 6.05% and pays out 52.41% of its profit as dividends . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from CN¥0.14 to CN¥0.36. More detail on Yuexiu Transport Infrastructure here.
China Oriental Group Company Limited (SEHK:581)
China Oriental Group Company Limited, an investment holding company, manufactures and sells iron and steel products for downstream steel manufacturers in the People’s Republic of China. Formed in 2003, and currently headed by CEO Jingyuan Han, the company size now stands at 9,700 people and with the stock’s market cap sitting at HKD HK$23.68B, it comes under the large-cap category.
581 has a large dividend yield of 7.23% and distributes 20.91% of its earnings to shareholders as dividends , with analysts expecting this ratio to be 31.84% in the next three years. Despite some volatility in the yield, DPS has risen in the last 10 years from CN¥0.064 to CN¥0.46. China Oriental Group’s earnings per share growth of 570.12% outpaced the hk metals and mining industry’s 57.82% average growth rate over the last year. More detail on China Oriental Group here.
Xinyi Glass Holdings Limited (SEHK:868)
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. Established in 1988, and currently headed by CEO Ching Sai Tung, the company employs 11,840 people and with the market cap of HKD HK$39.47B, it falls under the large-cap group.
868 has a juicy dividend yield of 4.88% and the company currently pays out 47.46% of its profits as dividends . Despite some volatility in the yield, DPS has risen in the last 10 years from HK$0.10 to HK$0.48. More detail on Xinyi Glass 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.