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Xingda International Holdings, Golden Eagle Retail Group, and Kingboard Laminates Holdings all share one thing in common. They are on our list of top paying dividend stocks which have helped grow my portfolio income over the past couple of months. A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
Xingda International Holdings Limited (SEHK:1899)
Xingda International Holdings Limited, an investment holding company, engages in the manufacturing and trading of radial tire cords, steel cords, bead wires, and other wires. The company provides employment to 7000 people and with the company’s market capitalisation at HKD HK$4.20B, we can put it in the mid-cap stocks category.
1899 has a substantial dividend yield of 5.34% and the company currently pays out 47.45% of its profits as dividends , with analysts expecting this ratio in three years to be 70.59%. Although investors would have seen a few years of reduced payments, it has so far always picked up again, with dividends increasing from CN¥0.089 to CN¥0.15 over the past 10 years. More detail on Xingda International Holdings here.
Golden Eagle Retail Group Limited (SEHK:3308)
Golden Eagle Retail Group Limited, an investment holding company, develops and operates lifestyle center and stylish department store chain in the People’s Republic of China. Established in 1995, and now led by CEO Kai Su, the company currently employs 4,620 people and with the company’s market capitalisation at HKD HK$15.74B, we can put it in the large-cap category.
3308 has a enticing dividend yield of 4.74% and is currently distributing 47.17% of profits to shareholders . Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from CN¥0 to CN¥0.45. Continue research on Golden Eagle Retail Group here.
Kingboard Laminates Holdings Limited (SEHK:1888)
Kingboard Laminates Holdings Limited, an investment holding company, operates as a vertically-integrated electronic materials manufacturer in the People’s Republic of China, other Asian countries, Europe, and America. The company now has 9900 employees and with the company’s market cap sitting at HKD HK$47.08B, it falls under the large-cap category.
1888 has an appealing dividend yield of 4.27% and the company has a payout ratio of 28.17% , with analysts expecting the payout ratio in three years to be 48.02%. Despite some volatility in the yield, DPS has risen in the last 10 years from HK$0.30 to HK$0.65. Kingboard Laminates Holdings’s earnings per share growth of 271.53% over the past 12 months outpaced the hk electronic industry’s average growth rate of 14.95%. Interested in Kingboard Laminates Holdings? Find out more here.