Dividend stocks such as Tai Cheung Holdings and Qingling Motors can help diversify the constant stream of cash flows generated by your portfolio. 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. As a long term investor, I favour these great dividend-paying stocks that continues to add value to my portfolio.
Tai Cheung Holdings Limited (SEHK:88)
Tai Cheung Holdings Limited, an investment holding company, engages in property investment, development, and management activities in Hong Kong. Formed in 1956, and headed by CEO Pun Chan, the company now has 203 employees and with the market cap of HKD HK$6.00B, it falls under the mid-cap group.
88 has a nice dividend yield of 3.27% and their current payout ratio is 82.87% . In the last 10 years, shareholders would have been happy to see the company increase its dividend from $0.19 to $0.32. It should comfort existing and potential future shareholders to know that 88 hasn’t missed a payment during this time. It also looks like Tai Cheung Holdings has some promising growth in store for the next year, with analysts expecting the company’s earnings to increase by 85.95% over the next 12 months. Interested in Tai Cheung Holdings? Find out more here.
Qingling Motors Co., Ltd. (SEHK:1122)
Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells Isuzu trucks in the People’s Republic of China. The company provides employment to 2871 people and with the company’s market capitalisation at HKD HK$6.48B, we can put it in the mid-cap category.
1122 has a juicy dividend yield of 6.99% and their payout ratio stands at 82.19% . The company’s dividends per share have risen from ¥0.02 to ¥0.18 over the last 10 years. Much to the delight of shareholders, the company has not missed a payment during this time. Qingling Motors is also reasonably priced, with a PE ratio of 10.8 that compares favorably with the HK Auto average of 14.6. Continue research on Qingling Motors here.
Tianneng Power International Limited (SEHK:819)
Tianneng Power International Limited, an investment holding company, develops, produces, and sells motive, wind, and solar power storage batteries for the electric vehicle market in the People’s Republic of China. Started in 1986, and headed by CEO Tianren Zhang, the company provides employment to 18,447 people and with the stock’s market cap sitting at HKD HK$8.53B, it comes under the mid-cap stocks category.