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Xinyi Glass Holdings, Hysan Development, and China Merchants Port Holdings are three of the best paying dividend stocks for creating diversified portfolio income. Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Today I will share with you my best paying dividend shares you should be considering for your portfolio.
Xinyi Glass Holdings Limited (SEHK:868)
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. Founded in 1988, and currently run by Ching Sai Tung, the company employs 11,840 people and with the company’s market capitalisation at HKD HK$45.09B, we can put it in the large-cap group.
868 has a substantial dividend yield of 4.28% and is distributing 47.46% of earnings as dividends , with analysts expecting a 47.56% payout in three years. Despite there being some hiccups, dividends per share have increased during the past 10 years. The company also looks promising for it’s future growth, with analysts expecting an earnings per share increase of 50.08% over the next three years. Interested in Xinyi Glass Holdings? Find out more here.
Hysan Development Company Limited (SEHK:14)
Hysan is a leading property investment, management and development company in Hong Kong, with a portfolio of more than 4 million square feet of high-quality office, retail and residential properties. The company size now stands at 482 people and with the stock’s market cap sitting at HKD HK$45.40B, it comes under the large-cap category.
14 has a wholesome dividend yield of 3.15% and the company currently pays out 39.39% of its profits as dividends , with the expected payout in three years being 58.28%. Over the past 10 years, 14 has increased its dividends from HK$0.60 to HK$1.37. They have been dependable too, not missing a single payment in this time. The company recorded earnings growth of 198.52% in the past year, comparing favorably with the hk real estate industry average of 47.00%. More on Hysan Development here.
China Merchants Port Holdings Company Limited (SEHK:144)
China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Hong Kong, Taiwan, and internationally. Formed in 1872, and currently run by Jing Bai, the company employs 8,040 people and with the stock’s market cap sitting at HKD HK$56.05B, it comes under the large-cap stocks category.