China Communications Services And 2 Other Top Dividend Stocks For Your Portfolio

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As global markets continue to experience gains, with major indices like the Dow Jones Industrial Average and S&P 500 Index reaching record highs, investors are closely monitoring economic policies and geopolitical developments that could influence market dynamics. In this context of robust market activity, dividend stocks such as China Communications Services offer a compelling opportunity for those seeking steady income streams alongside potential capital appreciation.

Top 10 Dividend Stocks

Name

Dividend Yield

Dividend Rating

Tsubakimoto Chain (TSE:6371)

4.22%

★★★★★★

Wuliangye YibinLtd (SZSE:000858)

3.17%

★★★★★★

CAC Holdings (TSE:4725)

4.61%

★★★★★★

Yamato Kogyo (TSE:5444)

3.89%

★★★★★★

Guangxi LiuYao Group (SHSE:603368)

3.23%

★★★★★★

Padma Oil (DSE:PADMAOIL)

6.62%

★★★★★★

Nihon Parkerizing (TSE:4095)

3.90%

★★★★★★

FALCO HOLDINGS (TSE:4671)

6.87%

★★★★★★

HUAYU Automotive Systems (SHSE:600741)

4.38%

★★★★★★

E J Holdings (TSE:2153)

3.90%

★★★★★★

Click here to see the full list of 1966 stocks from our Top Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

China Communications Services

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: China Communications Services Corporation Limited offers telecommunications support services globally and has a market cap of HK$28.26 billion.

Operations: China Communications Services Corporation Limited generates revenue from its Provision of Integrated Comprehensive Solutions segment, totaling CN¥149.86 billion.

Dividend Yield: 5.6%

China Communications Services offers a dividend yield of 5.64%, which is below the top quartile in Hong Kong. The company has a volatile dividend history, with payments covered by earnings and cash flows, indicated by payout ratios of 41% and 50.1% respectively. Recent leadership changes might impact future strategy, but current earnings growth supports dividend sustainability despite past volatility. The stock trades significantly below its estimated fair value, presenting potential for appreciation alongside dividends.

SEHK:552 Dividend History as at Dec 2024
SEHK:552 Dividend History as at Dec 2024

China Pacific Insurance (Group)

Simply Wall St Dividend Rating: ★★★★★☆

Overview: China Pacific Insurance (Group) Co., Ltd. offers a range of insurance products to both individual and institutional clients in China, with a market cap of CN¥295.20 billion.

Operations: China Pacific Insurance (Group) Co., Ltd. generates its revenue through various insurance products and services provided to both individual and institutional customers in China.