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Xingda International Holdings is one of the companies that can help improve your portfolio income through large 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 sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. Below are more huge dividend-paying stocks that continues to add value to my portfolio holdings.
Xingda International Holdings Limited (SEHK:1899)
Xingda International Holdings Limited, an investment holding company, engages in the manufacture and trading of radial tire cords, steel cords, bead wires, and other wires. The company currently employs 6959 people and has a market cap of HKD HK$3.49B, putting it in the mid-cap category.
1899 has an appealing dividend yield of 6.21% and their payout ratio stands at 62.26% . Despite some volatility in the yield, DPS has risen in the last 10 years from CN¥0.061 to CN¥0.15. Analysts are optimistic on the company’s future earnings growth, estimating a 74.86% increase in the next three years. Dig deeper into Xingda International Holdings here.
Pacific Textiles Holdings Limited (SEHK:1382)
Pacific Textiles Holdings Limited, an investment holding company, engages in the manufacture and trade of textile products. Started in 1997, and now led by CEO Wai Loi Wan, the company size now stands at 4,919 people and with the stock’s market cap sitting at HKD HK$9.27B, it comes under the mid-cap stocks category.
1382 has a substantial dividend yield of 5.77% and pays 87.48% of its earnings as dividends . 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. Dig deeper into Pacific Textiles Holdings here.
China Everbright Limited (SEHK:165)
China Everbright Limited, an investment holding company, engages in investment activities and provides financial services in Hong Kong and Mainland China. Formed in 1997, and currently lead by Shuang Chen, the company size now stands at 320 people and with the market cap of HKD HK$26.05B, it falls under the large-cap group.
165 has a sumptuous dividend yield of 5.50% and is currently distributing 36.35% of profits to shareholders . Despite there being some hiccups, dividends per share have increased during the past 10 years. It should comfort potential investors that the company isn’t expensive when we look at its PE ratio compared to the HK Capital Markets industry. China Everbright’s PE ratio is 6.6 while its industry average is 11.2. More detail on China Everbright here.