Industrial names generally suffer from deep cyclicality which can affect companies operating in areas ranging from machinery to aerospace to construction. Hence, considering economic volatility is of paramount importance when thinking about an industrials company’s profitability. Availability of cash flows also determines the level of dividend payout. In times of growth, these industrial companies could provide opportune income through dividend. Here are my top dividend stocks in the industrials industry that could be valuable additions to your current holdings.

E. Bon Holdings Limited (SEHK:599)

599 has a great dividend yield of 6.90% and distributes 57.23% of its earnings to shareholders as dividends . Despite some volatility in the yield, DPS has risen in the last 10 years from HK$0.02 to HK$0.04. E. Bon Holdings is also reasonably priced, with a PE ratio of 9.5 that compares favorably with the HK Trade Distributors average of 13.4. Interested in E. Bon Holdings? Find out more here.

Chinney Alliance Group Limited (SEHK:385)

385 has a sumptuous dividend yield of 4.14% and the company currently pays out 15.46% of its profits as dividends . The company’s dividends per share have risen from HK$0.01 to HK$0.06 over the last 10 years. They have been dependable too, not missing a single payment in this time. Chinney Alliance Group’s performance over the last 12 months beat the hk construction industry, with the company reporting 39.13% EPS growth compared to its industry’s figure of -5.25%. More on Chinney Alliance Group here.

Ten Pao Group Holdings Limited (SEHK:1979)

1979 has a great dividend yield of 4.44% and their current payout ratio is 28.45% , with analysts expecting a 30.51% payout in the next three years. 1979 is among the markets top 25% of dividend payers, which is certainly enticing for interested investors. Continue research on Ten Pao Group Holdings here.

For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.