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Dah Chong Hong Holdings is one of the ten dividend stocks that can help raise your investment income by paying sizeable dividends. 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. As a long term investor, I favour these great dividend-paying stocks that continues to add value to my portfolio.
Dah Chong Hong Holdings Limited (SEHK:1828)
Dah Chong Hong Holdings Limited operates as an integrated motor and consumer products distribution company in Hong Kong, Macao, Mainland China, and internationally. Started in 1949, and currently headed by CEO Ni Hium Lai, the company size now stands at 17,751 people and with the company’s market capitalisation at HKD HK$7.39B, we can put it in the mid-cap category.
1828 has a enticing dividend yield of 4.24% and is currently distributing 38.78% of profits to shareholders , with an expected payout of 41.37% in three years. While there’s been some level of instability in the yield, 1828 has overall increased DPS over a 10 year period from HK$0.043 to HK$0.17. More detail on Dah Chong Hong Holdings 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. Formed in 1972, and now led by CEO , the company provides employment to 11,088 people and with the company’s market capitalisation at HKD HK$70.67B, we can put it in the large-cap stocks category.
338 has a enticing dividend yield of 7.30% and pays 52.77% of its earnings as dividends . Despite there being some hiccups, dividends per share have increased during the past 10 years. Comparing Sinopec Shanghai Petrochemical’s PE ratio against the HK Chemicals industry draws favorable results, with the company’s PE of 7.2 being below that of its industry (10). Continue research on Sinopec Shanghai Petrochemical here.
Sino Land Company Limited (SEHK:83)
Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. The company employs 7140 people and with the stock’s market cap sitting at HKD HK$86.24B, it comes under the large-cap category.
83 has an alluring dividend yield of 4.06% and their payout ratio stands at 23.32% , with the expected payout in three years being 65.65%. The company’s dividends per share have risen from HK$0.36 to HK$0.53 over the last 10 years. The company has been a reliable payer too, not missing a payment during this time. The company recorded earnings growth of 115.77% in the past year, comparing favorably with the hk real estate industry average of 45.67%. Continue research on Sino Land here.