The fortunes of financial services companies often follow that of the broader economy. Firms in this sector offer services ranging from investment banking to consumer finance. During downturns, financial services companies tend to be hit the hardest as net interest margins shrink and credit losses grows. However, during prosperous times, they report robust profits and many pay attractive dividends. If you’re a long term investor, these high-dividend financial stocks can boost your monthly portfolio income.

Shandong International Trust Co., Ltd. (SEHK:1697)

1697 has a sumptuous dividend yield of 6.12% and is currently distributing 39.42% of profits to shareholders , with analysts expecting the payout ratio in three years to be 50.00%. Besides capital gain prospects, just the yield is higher than the low risk savings rate – enticing for investors with goals of beating their bank accounts. Plus, a 6.12% yield places it amidst the market’s top dividend payers. Interested in Shandong International Trust? Find out more here.

China Development Bank Financial Leasing Co., Ltd. (SEHK:1606)

1606 has an appealing dividend yield of 5.51% and has a payout ratio of 45.00% , with the expected payout in three years being 45.22%. 1606’s 5.51% yield puts it in the top quartile of CN payers. More on China Development Bank Financial Leasing here.

Dah Sing Banking Group Limited (SEHK:2356)

2356 has a solid dividend yield of 2.18% and their current payout ratio is 26.97% . While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from HK$0.40 to HK$0.42. More detail on Dah Sing Banking Group 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.