Dividend stocks such as Kerry Properties and Guangdong Investment can help diversify the constant stream of cash flows from your portfolio. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Here are other similar dividend stocks that could be valuable additions to your current holdings.
Kerry Properties Limited (SEHK:683)
Kerry Properties Limited, an investment holding company, engages in development, investment, management, and trading of properties in Hong Kong, the People’s Republic of China, and the Asia Pacific region. Formed in 1978, and currently headed by CEO Siu Kong Wong, the company employs 8,100 people and with the stock’s market cap sitting at HKD HK$49.01B, it comes under the large-cap stocks category.
683 has a sizeable dividend yield of 3.25% and has a payout ratio of 23.11% , with the expected payout in three years being 41.75%. Although investors would have seen a few years of reduced payments, it has so far always picked up again, with dividends increasing from $0.85 to $1.1 over the past 10 years. Kerry Properties’s earnings per share growth of 63.22% outpaced the hk industry industry’s 26.55% average growth rate over the last year. Continue research on Kerry Properties here.
Guangdong Investment Limited (SEHK:270)
Guangdong Investment Limited engages in investment holding, water resources, property investment and development, department store operation, energy projects investment, road and bridge operation, and hotel operation and management businesses. Formed in 1973, and run by CEO Yinheng Wen, the company provides employment to 7,067 people and with the market cap of HKD HK$70.48B, it falls under the large-cap stocks category.
270 has a wholesome dividend yield of 3.90% and pays out 50.45% of its profit as dividends , with the expected payout in three years being 70.71%. While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from $0.1 to $0.42. Guangdong Investment’s earnings growth over the past 12 months has exceeded the hk industry industry, with the company reporting an EPS growth of 37.83% while the industry totaled 24.74%. Interested in Guangdong Investment? Find out more here.
Sinopec Shanghai Petrochemical Company Limited (SEHK:338)
Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the People’s Republic of China. Established in 1972, and currently headed by CEO , the company currently employs 10,721 people and has a market cap of HKD HK$77.25B, putting it in the large-cap group.
338 has an alluring dividend yield of 5.24% and their current payout ratio is 45.41% . While there’s been some level of instability in the yield, 338 has overall increased DPS over a 10 year period from ¥0.03 to ¥0.25. Sinopec Shanghai Petrochemical’s earnings growth over the past 12 months has exceeded the hk chemicals industry, with the company reporting an EPS growth of 15.53% while the industry totaled -0.93%. Dig deeper into Sinopec Shanghai Petrochemical here.
For more solid dividend payers to add to your portfolio, you can use our free platform to explore our 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.