Xingda International Holdings, Guangzhou R&F Properties, and China Merchants Port Holdings are three of the best paying dividend stocks for creating diversified portfolio income. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Here are other similar dividend stocks that could be valuable additions to your current holdings.
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 size now stands at 7000 people and has a market cap of HKD HK$4.85B, putting it in the mid-cap stocks category.
1899 has a substantial dividend yield of 4.10% and their current payout ratio is 47.45% , with the expected payout in three years hitting 70.59%. Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from ¥0.08 to ¥0.13. Continue research on Xingda International Holdings here.
Guangzhou R&F Properties Co., Ltd. (SEHK:2777)
Guangzhou R&F Properties Co., Ltd., together with its subsidiaries, engages in the development and sale of residential and commercial properties primarily in the People’s Republic of China, Malaysia, and Australia. Established in 1994, and run by CEO Li Zhang, the company currently employs 23,076 people and with the market cap of HKD HK$65.09B, it falls under the large-cap category.
2777 has a enticing dividend yield of 5.10% and has a payout ratio of 56.21% . While there’s been some level of instability in the yield, 2777 has overall increased DPS over a 10 year period from ¥0.4 to ¥1.03. Interested in Guangzhou R&F Properties? Find out more here.
China Merchants Port Holdings Company Limited (SEHK:144)
China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Hong Kong, Taiwan, and internationally. Started in 1872, and currently run by Jing Bai, the company currently employs 5,656 people and with the stock’s market cap sitting at HKD HK$69.65B, it comes under the large-cap group.
144 has a large dividend yield of 4.09% and distributes 39.32% of its earnings to shareholders as dividends , with analysts expecting this ratio in three years to be 44.10%. 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. China Merchants Port Holdings’s earnings per share growth of 87.03% over the past 12 months outpaced the global infrastructure industry’s average growth rate of 20.70%. Interested in China Merchants Port Holdings? Find out more here.