June Dividend Stocks To Look Out For
One of the best paying dividend stock on our list is Fufeng Group. 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. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
Fufeng Group Limited (SEHK:546)
Fufeng Group Limited, an investment holding company, engages in the manufacture and sale of fermentation-based food additive, and biochemical and starch-based products in the People’s Republic of China and internationally. Founded in 1999, and now led by CEO Qiang Zhao, the company now has 9,500 employees and with the stock’s market cap sitting at HKD HK$11.31B, it comes under the large-cap stocks category.
546 has a substantial dividend yield of 4.96% and pays out 28.73% of its profit as dividends . Although investors would have seen a few years of reduced payments, it has picked up again, with dividends increasing from CN¥0.0092 to CN¥0.22 over the past 10 years. More detail on Fufeng Group here.
Sino-Ocean Group Holding Limited (SEHK:3377)
Sino-Ocean Group Holding Limited, an investment holding company, engages in the property investment and development activities in the People’s Republic of China. Established in 1993, and currently lead by Ming Li, the company now has 10,081 employees and with the company’s market cap sitting at HKD HK$40.34B, it falls under the large-cap stocks category.
3377 has a enticing dividend yield of 6.08% and pays out 39.41% of its profit as dividends , and analysts are expecting the payout ratio in three years to hit 43.25%. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. The company also looks promising for it’s future growth, with analysts expecting an earnings per share increase of 57.60% over the next three years. More on Sino-Ocean Group Holding here.
Yanzhou Coal Mining Company Limited (SEHK:1171)
Yanzhou Coal Mining Company Limited explores, mines, washes, processes, and sells coal in China, Japan, South Korea, and Australia. Formed in 1973, and currently run by Xiangqian Wu, the company now has 68,550 employees and with the company’s market cap sitting at HKD HK$71.06B, it falls under the large-cap category.
1171 has an alluring dividend yield of 5.18% and is currently distributing 32.64% of profits to shareholders , with the expected payout in three years being 33.90%. Dividends per share have increased during the past 10 years, but there have been a couple hiccups. However, they have historically always picked up again. More detail on Yanzhou Coal Mining 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.
