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Dividend-paying companies such as Yue Yuen Industrial (Holdings) and Jiangsu Expressway can diversify your portfolio cash flow by paying constant and large 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. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
Yue Yuen Industrial (Holdings) Limited (SEHK:551)
Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing, marketing, and retailing athletic footwear, athletic style leisure footwear, and casual and outdoor footwear in the People’s Republic of China, the United States, Europe, and internationally. Started in 1969, and now run by Pei-Chun Tsai, the company employs 361,000 people and with the company’s market cap sitting at HKD HK$37.51B, it falls under the large-cap group.
551 has a large dividend yield of 6.51% and distributes 60.85% of its earnings to shareholders as dividends , with analysts expecting a 61.69% payout in three years. The company’s DPS has increased from US$0.84 to US$1.50 over the last 10 years. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. Interested in Yue Yuen Industrial (Holdings)? Find out more here.
Jiangsu Expressway Company Limited (SEHK:177)
Jiangsu Expressway Company Limited invests in, constructs, operates, and manages toll roads and bridges in the People’s Republic of China. Established in 1992, and now led by CEO Dejun Gu, the company size now stands at 5,490 people and has a market cap of HKD HK$57.55B, putting it in the large-cap category.
177 has an appealing dividend yield of 5.05% and pays out 61.78% of its profit as dividends . 177 has increased its dividend from CN¥0.30 to CN¥0.55 over the past 10 years. The company has been a dependable payer too, not missing a payment in this 10 year period. Continue research on Jiangsu Expressway here.
Hengan International Group Company Limited (SEHK:1044)
Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People’s Republic of China, Hong Kong, and internationally. Founded in 1985, and now led by CEO Lin Hui, the company now has 21,000 employees and has a market cap of HKD HK$92.33B, putting it in the large-cap stocks category.