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. Today I will share with you my list of high-dividend industrials stocks you should consider for your portfolio.
Hopewell Holdings Limited (SEHK:54)
54 has a large dividend yield of 4.79% and distributes 35.22% of its earnings to shareholders as dividends , and analysts are expecting a 113.25% payout ratio in the next three years. While there’s been some level of instability in the yield, 54 has overall increased DPS over a 10 year period from HK$1.20 to HK$1.30. More on Hopewell Holdings here.
Sinotruk (Hong Kong) Limited (SEHK:3808)
3808 has an appealing dividend yield of 6.23% and the company currently pays out 53.24% of its profits 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¥0.074 to CN¥0.70. Continue research on Sinotruk (Hong Kong) here.
Haitian International Holdings Limited (SEHK:1882)
1882 has a sizeable dividend yield of 2.58% and their current payout ratio is 34.46% , with analysts expecting this ratio in three years to be 39.34%. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Dig deeper into Haitian 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.