One of the best paying dividend stock on our list is Jiangsu Expressway. Dividend stocks are a great way to hedge your portfolio as they provide both steady income and cushion against market risks A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
Jiangsu Expressway Company Limited (SEHK:177)
Jiangsu Expressway Company Limited invests in, constructs, operates, and manages toll roads and bridges in the People’s Republic of China. Formed in 1992, and run by CEO Dejun Gu, the company provides employment to 5,581 people and has a market cap of HKD HK$59.70B, putting it in the large-cap category.
177 has a sumptuous dividend yield of 4.20% and is paying out 55.64% of profits as dividends , with analysts expecting a 64.30% payout in the next three years. In the case of 177, they have increased their dividend per share from CN¥0.21 to CN¥0.48 so in the past 10 years. The company has been a dependable payer too, not missing a payment in this 10 year period. More on Jiangsu Expressway here.
Hengan International Group Company Limited (SEHK:1044)
Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People’s Republic of China, Hong Kong, and internationally. Started in 1985, and run by CEO Lin Chit Hui, the company currently employs 22,000 people and with the company’s market capitalisation at HKD HK$91.43B, we can put it in the large-cap category.
1044 has a decent dividend yield of 3.17% and is distributing 69.75% of earnings as dividends . 1044’s last dividend payment was CN¥2.40, up from it’s payment 10 years ago of CN¥0.64. Much to the delight of shareholders, the company has not missed a payment during this time. More on Hengan International Group here.
China Telecom Corporation Limited (SEHK:728)
China Telecom Corporation Limited, together with its subsidiaries, provides wireline and mobile telecommunications services primarily in the People’s Republic of China. Started in 2002, and currently headed by CEO Jie Yang, the company provides employment to 287,076 people and has a market cap of HKD HK$273.55B, putting it in the large-cap group.
728 has a good-sized dividend yield of 3.11% and has a payout ratio of 40.33% , with the expected payout in three years hitting 40.81%. In the last 10 years, shareholders would have been happy to see the company increase its dividend from CN¥0.092 to CN¥0.11. The company has been a reliable payer too, not missing a payment during this time. Interested in China Telecom? Find out more here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers. Or create your own list by filtering SEHK companies based on fundamentals such as intrinsic discount, health score and future outlook using this free stock screener.
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.