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Dividend-paying companies such as Shimao Property Holdings and Weichai Power can help grow your portfolio income through their sizeable dividend payouts. Great dividend payers create a safe bet to increase investors’ portfolio value as payouts provide steady income and cushion against market risks A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. If you’re a buy and hold investor, these healthy dividend stocks can generously contribute to your monthly portfolio income.
Shimao Property Holdings Limited (SEHK:813)
Shimao Property Holdings Limited, an investment holding company, engages in the property development and investment activities in the People’s Republic of China. Established in 2004, and run by CEO Wing Hui, the company size now stands at 8,394 people and with the market cap of HKD HK$74.87B, it falls under the large-cap category.
813 has a sumptuous dividend yield of 4.51% and distributes 35.83% of its earnings to shareholders as dividends , with analysts expecting the payout ratio in three years to be 39.34%. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Analysts are optimistic on the company’s future earnings growth, estimating a 91.61% increase in the next three years. More on Shimao Property Holdings here.
Weichai Power Co., Ltd. (SEHK:2338)
Weichai Power Co., Ltd. designs, develops, produces, sells, and repairs diesel engines and related parts, automobiles, and other automobile components in the People’s Republic of China and internationally. Founded in 1953, and currently lead by Xuguang Tan, the company currently employs 69,763 people and with the company’s market cap sitting at HKD HK$79.67B, it falls under the large-cap group.
2338 has a enticing dividend yield of 5.34% and has a payout ratio of 32.35% , with the expected payout in three years hitting 52.71%. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Weichai Power’s earnings per share growth of 178.90% outpaced the hk machinery industry’s 16.33% average growth rate over the last year. Interested in Weichai Power? Find out more here.
New World Development Company Limited (SEHK:17)
New World Development Company Limited, together with its subsidiaries, invests in, constructs, develops, operates, manages, rents, and leases properties. Established in 1970, and currently headed by CEO Kar-Shun Cheng, the company currently employs 45,000 people and with the market cap of HKD HK$111.90B, it falls under the large-cap group.