The materials industry is deeply cyclical with producers benefiting highly during an economic boom and many players going bankrupt in a bust. Therefore, this industry is a macroeconomic play with the opportunity of riding the wave in times of robust demand for commodities. Commodity prices are also a key determinant of these companies’ earnings, which in turn drives dividend payout and yield. If you’re a long term investor, these high-dividend materials stocks can boost your monthly portfolio income.

China Sanjiang Fine Chemicals Company Limited (SEHK:2198)

2198 has a enticing dividend yield of 6.19% and pays out 34.34% of its profit as dividends . With a yield above the savings rate, bank account beating investors will be happy, but perhaps even happier knowing that 2198 is in the top quartile of market payers. Interested in China Sanjiang Fine Chemicals? Find out more here.

Lee & Man Chemical Company Limited (SEHK:746)

746 has an alluring dividend yield of 4.81% and distributes 35.20% of its earnings to shareholders as dividends . Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from HK$0.06 to HK$0.30. Lee & Man Chemical’s earnings per share growth of 225.19% outpaced the hk chemicals industry’s 16.03% average growth rate over the last year. Interested in Lee & Man Chemical? Find out more here.

Greatview Aseptic Packaging Company Limited (SEHK:468)

468 has a sumptuous dividend yield of 4.59% and is paying out 85.23% of profits as dividends . With a yield above the savings rate, bank account beating investors will be happy, but perhaps even happier knowing that 468 is in the top quartile of market payers. Continue research on Greatview Aseptic Packaging here.

For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.

To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.