Xinyi Glass Holdings, Yue Yuen Industrial (Holdings), and Agile Group Holdings are three of the best paying dividend stocks for creating diversified portfolio income. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. If you’re a long term investor, these high-performing top dividend stocks can boost your monthly portfolio income.
Xinyi Glass Holdings Limited (SEHK:868)
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. Formed in 1988, and now led by CEO Ching Sai Tung, the company employs 11,691 people and with the company’s market capitalisation at HKD HK$44.52B, we can put it in the large-cap group.
868 has a enticing dividend yield of 4.15% and their current payout ratio is 48.29% . Dividends per share have increased during the past 10 years, but there have been a couple hiccups. However, they have historically always picked up again. Interested in Xinyi Glass Holdings? Find out more here.
Yue Yuen Industrial (Holdings) Limited (SEHK:551)
Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing, marketing, and retailing athletic footwear, athletic style leisure footwear, and casual and outdoor footwear in the People’s Republic of China, the United States, Europe, and internationally. Founded in 1969, and now led by CEO Pei-Chun Tsai, the company employs 360,000 people and with the market cap of HKD HK$50.24B, it falls under the large-cap stocks category.
551 has an alluring dividend yield of 4.55% and the company has a payout ratio of 53.86% , with analysts expecting the payout ratio in three years to be 60.65%. Despite some volatility in the yield, DPS has risen in the last 10 years from $0.8 to $1.4. More on Yue Yuen Industrial (Holdings) here.
Agile Group Holdings Limited (SEHK:3383)
Agile Group Holdings Limited, an investment holding company, engages in the property development, property management, hotel, property investment, and environmental protection businesses in the People’s Republic of China. Started in 1985, and headed by CEO Zhuo Lin Chen, the company size now stands at 14,497 people and with the company’s market capitalisation at HKD HK$55.94B, we can put it in the large-cap category.
3383 has a nice dividend yield of 3.29% and is currently distributing 40.61% of profits to shareholders , with analysts expecting the payout ratio in three years to be 42.31%. While there’s been some level of instability in the yield, 3383 has overall increased DPS over a 10 year period from ¥0.19 to ¥0.47. Analysts are optimistic on the company’s future earnings growth, estimating a 80.59% increase in the next three years. Continue research on Agile Group Holdings here.