AEON Credit Service (Asia) is one of companies that can help grow your investment income by paying large dividends. 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.
AEON Credit Service (Asia) Company Limited (SEHK:900)
AEON Credit Service (Asia) Company Limited, together with its subsidiaries, engages in the consumer finance business in Hong Kong. Started in 1990, and now run by Hideo Tanaka, the company now has 575 employees and with the company’s market capitalisation at HKD HK$2.78B, we can put it in the mid-cap stocks category.
900 has a sumptuous dividend yield of 6.64% and pays 47.39% of its earnings as dividends . The company’s DPS has increased from HK$0.25 to HK$0.44 over the last 10 years. It should comfort existing and potential future shareholders to know that 900 hasn’t missed a payment during this time. AEON Credit Service (Asia)’s earnings growth over the past 12 months has exceeded the hk consumer finance industry, with the company reporting an EPS growth of 24.22% while the industry totaled 12.30%. More on AEON Credit Service (Asia) here.
CK Infrastructure Holdings Limited (SEHK:1038)
CK Infrastructure Holdings Limited, an infrastructure company, develops, invests, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, the Netherlands, Australia, Portugal, New Zealand, and Canada. Established in 1996, and headed by CEO Hing Kam, the company now has 2,042 employees and with the stock’s market cap sitting at HKD HK$158.38B, it comes under the large-cap group.
1038 has a good-sized dividend yield of 3.98% and is paying out 58.47% of profits as dividends . 1038’s dividends have increased in the last 10 years, with DPS increasing from HK$1.10 to HK$2.38. They have been consistent too, not missing a payment during this 10 year period. More on CK Infrastructure Holdings 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. Founded in 2002, and now led by CEO Yang Jie, the company employs 284,206 people and with the company’s market cap sitting at HKD HK$306.73B, it falls under the large-cap group.
728 has a sizeable dividend yield of 3.02% and the company currently pays out 41.63% of its profits as dividends . 728 has increased its dividend from CN¥0.09 to CN¥0.11 over the past 10 years. To the enjoyment of shareholders, the company hasn’t missed a payment during this period. More detail on China Telecom 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.