Industrial names generally suffer from deep cyclicality which can affect companies operating in areas ranging from machinery to aerospace to construction. Therefore, where we are in the economic cycle determines these companies’ level of 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. Below is my list of huge dividend-paying stocks in the industrials industry that continues to add value to my portfolio holdings.

Shanghai Dasheng Agriculture Finance Technology Co., Ltd. (SEHK:1103)

1103 has a great dividend yield of 4.64% and pays out 17.72% of its profit as dividends . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from CN¥0.0071 to CN¥0.011. The company outperformed the hk trade distributors industry’s earnings growth of 32.71%, reporting an EPS growth of 81.34% over the past 12 months. More detail on Shanghai Dasheng Agriculture Finance Technology here.

Wai Kee Holdings Limited (SEHK:610)

610 has an alluring dividend yield of 5.54% and pays out 22.86% of its profit as dividends . Despite some volatility in the yield, DPS has risen in the last 10 years from HK$0.12 to HK$0.26. Wai Kee Holdings’s earnings per share growth of 36.33% outpaced the hk construction industry’s -7.21% average growth rate over the last year. More detail on Wai Kee Holdings here.

Chevalier International Holdings Limited (SEHK:25)

25 has a enticing dividend yield of 4.80% and the company has a payout ratio of 15.87% . While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. The company recorded earnings growth of 216.16% in the past year, comparing favorably with the hk industrials industry average of 13.94%. More detail on Chevalier International Holdings here.

For more solid dividend paying companies to add to your portfolio, explore this 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.