March Best Dividend Paying Stocks

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Sinopec Shanghai Petrochemical, Sino Land, and Great Wall Motor have one big thing in common. They are on my list of the best dividend stocks which have generously contributed to my portfolio income over the past couple of months. 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 long term investor, these high-performing top dividend stocks can boost your monthly portfolio income.

Sinopec Shanghai Petrochemical Company Limited (SEHK:338)

Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the People’s Republic of China. Started in 1972, and currently lead by , the company currently employs 10,721 people and with the stock’s market cap sitting at HKD HK$72.10B, it comes under the large-cap stocks category.

338 has a juicy dividend yield of 5.99% and is paying out 44.01% of profits as dividends , with analysts expecting the payout in three years to be 48.32%. Despite some volatility in the yield, DPS has risen in the last 10 years from CN¥0.029 to CN¥0.29. Sinopec Shanghai Petrochemical seems reasonably priced when looking at its PE ratio (6.8). The industry average suggests that HK Chemicals companies are more expensive on average 9.9. Continue research on Sinopec Shanghai Petrochemical here.

SEHK:338 Historical Dividend Yield Mar 24th 18
SEHK:338 Historical Dividend Yield Mar 24th 18

Sino Land Company Limited (SEHK:83)

Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. The company provides employment to 7140 people and with the stock’s market cap sitting at HKD HK$86.15B, it comes under the large-cap group.

83 has a good-sized dividend yield of 3.97% and the company has a payout ratio of 23.32% , with analysts expecting a 65.48% payout in three years. 83’s last dividend payment was HK$0.53, up from it’s payment 10 years ago of HK$0.36. The company has been a reliable payer too, not missing a payment during this time. The company outperformed the hk real estate industry’s earnings growth of 36.64%, reporting an EPS growth of 115.77% over the past 12 months. Dig deeper into Sino Land here.

SEHK:83 Historical Dividend Yield Mar 24th 18
SEHK:83 Historical Dividend Yield Mar 24th 18

Great Wall Motor Company Limited (SEHK:2333)

Great Wall Motor Company Limited manufactures and sells automobiles, and automotive parts and components in the People’s Republic of China. Founded in 1984, and headed by CEO Feng Ying Wang, the company currently employs 66,462 people and has a market cap of HKD HK$116.09B, putting it in the large-cap group.

2333 has an alluring dividend yield of 4.54% and the company currently pays out 51.34% of its profits as dividends . Despite some volatility in the yield, DPS has risen in the last 10 years from CN¥0.023 to CN¥0.39. Interested in Great Wall Motor? Find out more here.