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AEON Credit Service (Asia), Weichai Power, and CK Infrastructure 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. Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
AEON Credit Service (Asia) Company Limited (SEHK:900)
AEON Credit Service (Asia) Company Limited, together with its subsidiaries, engages in the consumer finance business in Hong Kong. Formed in 1990, and currently run by Hideo Tanaka, the company now has 575 employees and has a market cap of HKD HK$2.68B, putting it in the mid-cap category.
900 has a great dividend yield of 6.88% and has a payout ratio of 47.39% . In the case of 900, they have increased their dividend per share from HK$0.25 to HK$0.44 so in the past 10 years. It should comfort existing and potential future shareholders to know that 900 hasn’t missed a payment during this time. AEON Credit Service (Asia)’s earnings per share growth of 24.22% over the past 12 months outpaced the hk consumer finance industry’s average growth rate of 9.80%. Continue research on AEON Credit Service (Asia) 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. Established in 2002, and currently run by Xuguang Tan, the company employs 74,474 people and with the company’s market cap sitting at HKD HK$78.00B, it falls under the large-cap group.
2338 has an appealing dividend yield of 5.48% and pays 42.62% of its earnings as dividends , with analysts expecting this ratio to be 46.44% in the next three years. Despite some volatility in the yield, DPS has risen in the last 10 years from CN¥0.032 to CN¥0.49. Weichai Power’s performance over the last 12 months beat the hk machinery industry, with the company reporting 138.53% EPS growth compared to its industry’s figure of 20.77%. Dig deeper into Weichai Power here.
CK Infrastructure Holdings Limited (SEHK:1038)
CK Infrastructure Holdings Limited, an infrastructure company, develops, invests, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, the Netherlands, Australia, Portugal, New Zealand, and Canada. Founded in 1996, and currently headed by CEO Hing Kam, the company size now stands at 2,042 people and has a market cap of HKD HK$163.55B, putting it in the large-cap stocks category.