In This Article:
Dividend-paying companies such as Wasion Group Holdings and New World Development can help grow your portfolio income through their sizeable dividend payouts. Great dividend payers create a safe bet to increase investors’ portfolio value as payouts provide steady income and cushion against market risks A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. If you’re a buy and hold investor, these healthy dividend stocks can generously contribute to your monthly portfolio income.
Wasion Group Holdings Limited (SEHK:3393)
Wasion Group Holdings Limited, an investment holding company, researches, develops, produces, and sells energy metering and energy efficiency management for energy supply industries in the People’s Republic of China and internationally. Founded in 2000, and currently headed by CEO Zhao Hui Cao, the company size now stands at 3,880 people and with the company’s market capitalisation at HKD HK$4.57B, we can put it in the mid-cap category.
3393 has a great dividend yield of 5.26% and their payout ratio stands at 64.32% . 3393 has increased its dividend from CN¥0.094 to CN¥0.24 over the past 10 years. Much to the delight of shareholders, the company has not missed a payment during this time. Dig deeper into Wasion Group Holdings here.
New World Development Company Limited (SEHK:17)
New World Development Company Limited, together with its subsidiaries, invests in, constructs, develops, operates, manages, rents, and leases properties. Founded in 1970, and run by CEO Kar-Shun Cheng, the company size now stands at 45,000 people and with the company’s market capitalisation at HKD HK$112.32B, we can put it in the large-cap group.
17 has a sumptuous dividend yield of 4.23% and their current payout ratio is 31.44% , and analysts are expecting a 48.81% payout ratio in the next three years. Despite some volatility in the yield, DPS has risen in the last 10 years from HK$0.43 to HK$0.47. The company outperformed the hk real estate industry’s earnings growth of 47.00%, reporting an EPS growth of 50.59% over the past 12 months. More on New World Development here.
Sun Hung Kai Properties Limited (SEHK:16)
Sun Hung Kai Properties Limited develops, sells, and rents real estate properties in Hong Kong, Mainland China, and Singapore. Established in 1972, and currently lead by Ping-luen Kwok, the company now has 37,000 employees and with the market cap of HKD HK$355.75B, it falls under the large-cap stocks category.