Top SEHK Dividend Picks For The Day
Dividend stocks such as Sino-Ocean Group Holding and NWS Holdings 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. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Below are more huge dividend-paying stocks that continues to add value to my portfolio holdings.
Sino-Ocean Group Holding Limited (SEHK:3377)
Sino-Ocean Group Holding Limited, an investment holding company, operates as a property developer in the People’s Republic of China. Started in 1993, and currently headed by CEO Ming Li, the company provides employment to 8,383 people and with the market cap of HKD HK$41.92B, it falls under the large-cap stocks category.
3377 has a nice dividend yield of 3.57% and pays out 37.63% of its profit as dividends , with the expected payout in three years being 42.09%. 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 on Sino-Ocean Group Holding here.
NWS Holdings Limited (SEHK:659)
NWS Holdings Limited, an investment holding company, invests in and operates various facilities. The company currently employs 28100 people and with the company’s market cap sitting at HKD HK$57.17B, it falls under the large-cap category.
659 has an appealing dividend yield of 4.84% and pays out 27.43% of its profit as dividends , with an expected payout of 50.35% in three years. Despite there being some hiccups, dividends per share have increased during the past 10 years. More detail on NWS Holdings here.
China Merchants Port Holdings Company Limited (SEHK:144)
China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Hong Kong, Taiwan, and internationally. Founded in 1872, and now run by Jing Bai, the company size now stands at 5,656 people and has a market cap of HKD HK$60.64B, putting it in the large-cap group.
144 has a great dividend yield of 4.70% and pays out 39.32% of its profit as dividends , with the expected payout in three years being 43.80%. While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from HK$0.56 to HK$0.87. The company recorded earnings growth of 87.03% in the past year, comparing favorably with the hk infrastructure industry average of 21.12%. Interested in China Merchants Port Holdings? Find out more 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.
