Sichuan Expressway 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 sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Below are more huge dividend-paying stocks that continues to add value to my portfolio holdings.
Sichuan Expressway Company Limited (SEHK:107)
Sichuan Expressway Company Limited, together with its subsidiaries, invests in, constructs, operates, and manages expressway infrastructure projects in Sichuan Province, the People’s Republic of China. Founded in 1997, and now run by Yongyi Gan, the company now has 5,091 employees and with the company’s market capitalisation at HKD HK$13.54B, we can put it in the large-cap group.
107 has a good-sized dividend yield of 3.70% and their payout ratio stands at 36.03% . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from ¥0.04 to ¥0.11. When we compare Sichuan Expressway’s PE ratio with its industry, the company appears favorable. The Global Infrastructure industry’s average ratio of 21.4 is above that of Sichuan Expressway’s (8.1). More on Sichuan Expressway here.
Lifestyle International Holdings Limited (SEHK:1212)
Lifestyle International Holdings Limited, an investment holding company, operates mid to upper-end department stores and other retailing formats in the People’s Republic of China. Established in 1985, and now led by CEO , the company size now stands at 655 people and with the company’s market cap sitting at HKD HK$16.86B, it falls under the large-cap stocks category.
1212 has a substantial dividend yield of 6.01% and their current payout ratio is 41.72% , with analysts expecting the payout in three years to be 50.89%. While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from $0.21 to $0.63. The company outperformed the hk multiline retail industry’s earnings growth of 53.31%, reporting an EPS growth of 138.20% over the past 12 months. Dig deeper into Lifestyle International Holdings here.
Luk Fook Holdings (International) Limited (SEHK:590)
Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry. Formed in 1991, and currently headed by CEO Wai Wong, the company employs 7,300 people and has a market cap of HKD HK$18.70B, putting it in the large-cap category.