Midland Holdings is one of the undervalued dividend stocks worth considering today. Dividend stocks are a great way to hedge your portfolio as they provide both steady income and cushion against market risks. Coupled with an attractive share price and you’d stand to gain from capital appreciation as well. If you’re a buy and hold investor, these undervalued dividend stocks can generously contribute to your portfolio value.
Midland Holdings Limited (SEHK:1200)
Midland Holdings Limited, through its subsidiaries, provides property agency services in Hong Kong, the People’s Republic of China, and Macau. Started in 1973, and run by CEO Tsz Wa Wong, the company size now stands at 7,452 people and with the stock’s market cap sitting at HKD HK$1.53B, it comes under the small-cap stocks category.
Over the past 10 years, Midland Holdings has been distributing dividends back to its shareholders, with a recent yield of 2.35%. At the current payout ratio of 18.56%, 1200’s yield exceeds Hong Kong’s low risk savings rate of 1.66%. Analysts forecast future payout ratio to be 72.67%, indicating that 1200’s upcoming dividend payments are well-covered by earnings. 1200 is also undervalued by 59.66%, which means 1200 is currently an attractive buy for those looking for dividend and capital gains. Interested in Midland Holdings? Find out more here.
China MeiDong Auto Holdings Limited (SEHK:1268)
China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in Mainland China. Established in 2003, and currently run by Tao Ye, the company provides employment to 3,489 people and with the stock’s market cap sitting at HKD HK$4.46B, it comes under the mid-cap category.
China MeiDong Auto Holdings has been paying dividend over the past 4 years. It currently paid an annual dividend of CN¥0.15, resulting in a dividend yield of 3.92%. 1268’s upcoming dividend are appropriated covered by its profits over the next three years, according to industry analysts, with a forecasted payout ratio of 38.63%. At the current payout ratio of 48.81%, 1268’s yield surpasses China’s low-risk savings rate of 1.66%. 1268 is trading beneath its true value by 40.21%, which means 1268 is currently an attractive buy for those looking for dividend and capital gains. More detail on China MeiDong Auto Holdings here.
Bestway Global Holding Inc. (SEHK:3358)
Bestway Global Holding Inc., an investment holding company, designs, develops, manufactures, and sells a range of outdoor leisure products primarily under the BESTWAY brand in Europe, North America, the Asia-pacific, and internationally. Established in 1994, and headed by CEO Qiang Zhu, the company now has 14,276 employees and has a market cap of HKD HK$4.84B, putting it in the mid-cap stocks category.
Over the past 1 years, Bestway Global Holding has been distributing dividends back to its shareholders, with a recent yield of 2.32%. 3358’s upcoming dividend are appropriated covered by its profits over the next three years, according to industry analysts, with a forecasted payout ratio of 27.84%. At the current payout ratio of 23.53%, 3358’s yield surpasses China’s low-risk savings rate of 1.66%. 3358 is undervalued by 30.05%, which makes for an attractive investment. More detail on Bestway Global Holding here.
For more mispriced dividend stocks to add to your portfolio, explore this interactive list of undervalued 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.