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COSCO SHIPPING International (Hong Kong) 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 an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. If you’re a long term investor, these high-performing top dividend stocks can boost your monthly portfolio income.
COSCO SHIPPING International (Hong Kong) Co., Ltd. (SEHK:517)
COSCO SHIPPING International (Hong Kong) Co., Ltd., an investment holding company, primarily provides integrated shipping services in the People’s Republic of China. The company now has 846 employees and has a market cap of HKD HK$4.83B, putting it in the mid-cap stocks category.
517 has a substantial dividend yield of 7.62% and is paying out 77.37% of profits as dividends . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from HK$0.045 to HK$0.24. More on COSCO SHIPPING International (Hong Kong) here.
KWG Property Holding Limited (SEHK:1813)
KWG Property Holding Limited, an investment holding company, engages in the investment, development, management, and sale of real estate properties in the People’s Republic of China. Founded in 1995, and run by CEO Jian Kong, the company size now stands at 6,950 people and has a market cap of HKD HK$33.19B, putting it in the large-cap group.
1813 has a great dividend yield of 4.83% and is distributing 35.09% of earnings as dividends , and analysts are expecting the payout ratio in three years to hit 35.98%. 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. Analyst estimates for KWG Property Holding’s future earnings are certainly promising, predicting a triple digit earnings growth over the next three years. More on KWG Property Holding here.
Maanshan Iron & Steel Company Limited (SEHK:323)
Maanshan Iron & Steel Company Limited manufactures and sells iron and steel products, and related by-products in the People’s Republic of China and internationally. Formed in 1953, and run by CEO Haifan Qian, the company size now stands at 32,106 people and with the stock’s market cap sitting at HKD HK$34.48B, it comes under the large-cap group.
323 has a great dividend yield of 5.29% and their payout ratio stands at 27.68% . While there’s been some level of instability in the yield, 323 has overall increased DPS over a 10 year period from CN¥0.14 to CN¥0.20. The company outperformed the hk metals and mining industry’s earnings growth of 62.10%, reporting an EPS growth of 87.40% over the past 12 months. Dig deeper into Maanshan Iron & Steel here.