In This Article:
Xingda International Holdings is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to create wealth as their stable and constant yields generally hedge against economic uncertainty and deliver downside protection. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
Xingda International Holdings Limited (SEHK:1899)
Xingda International Holdings Limited, an investment holding company, engages in the manufacturing and trading of radial tire cords, steel cords, bead wires, and other wires. The company now has 6959 employees and with the company’s market cap sitting at HKD HK$4.20B, it falls under the mid-cap category.
1899 has a great dividend yield of 5.33% and is distributing 62.26% of earnings as dividends , with analysts expecting a 66.10% payout in three years. Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from CN¥0.062 to CN¥0.15. Continue research on Xingda International Holdings here.
Golden Eagle Retail Group Limited (SEHK:3308)
Golden Eagle Retail Group Limited, an investment holding company, develops and operates lifestyle center and stylish department store chain in the People’s Republic of China. Established in 1995, and currently headed by CEO Kai Su, the company employs 4,620 people and with the market cap of HKD HK$14.77B, it falls under the large-cap group.
3308 has a great dividend yield of 5.08% and their current payout ratio is 47.17% . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from CN¥0 to CN¥0.45. More detail on Golden Eagle Retail Group here.
China Overseas Land & Investment Limited (SEHK:688)
China Overseas Land & Investment Limited, an investment holding company, engages in the property development and investment, and treasury operations. Formed in 1979, and headed by CEO Jianguo Yan, the company size now stands at 5,600 people and with the stock’s market cap sitting at HKD HK$285.41B, it comes under the large-cap stocks category.
688 has a solid dividend yield of 3.07% and has a payout ratio of 21.50% , and analysts are expecting a 25.16% payout ratio in the next three years. 688’s DPS have risen to HK$0.80 from HK$0.12 over a 10 year period. The company has been a reliable payer too, not missing a payment during this time. Interested in China Overseas Land & Investment? Find out more here.