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A great investment for income investors with a long time horizon is in dividend-paying companies like Tai Cheung Holdings. Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. As a long term investor with a short term temperament, I highly recommend these top dividend stocks.
Tai Cheung Holdings Limited (SEHK:88)
Tai Cheung Holdings Limited, an investment holding company, engages in property investment, development, and management activities in Hong Kong. Founded in 1956, and currently run by Pun Chan, the company provides employment to 203 people and with the stock’s market cap sitting at HKD HK$5.55B, it comes under the mid-cap group.
88 has a nice dividend yield of 3.56% and is paying out 82.87% of profits as dividends . The company’s DPS has increased from HK$0.19 to HK$0.32 over the last 10 years. They have been consistent too, not missing a payment during this 10 year period. Analysts are enthusiastic about the company’s future growth, estimating a 85.95% earnings per share increase over the next 12 months. Interested in Tai Cheung Holdings? Find out more here.
Qingling Motors Co., Ltd. (SEHK:1122)
Qingling Motors Co., Ltd., together with its subsidiaries, produces and sells Isuzu trucks in the People’s Republic of China. The company now has 2871 employees and with the market cap of HKD HK$6.33B, it falls under the mid-cap group.
1122 has a substantial dividend yield of 7.16% and is currently distributing 82.19% of profits to shareholders . 1122’s DPS have risen to CN¥0.18 from CN¥0.022 over a 10 year period. They have been dependable too, not missing a single payment in this time. It should comfort potential investors that the company isn’t expensive when we look at its PE ratio compared to the HK Auto industry. Qingling Motors’s PE ratio is 10.6 while its industry average is 13.3. Continue research on Qingling Motors here.
Tianneng Power International Limited (SEHK:819)
Tianneng Power International Limited, an investment holding company, develops, produces, and sells motive, wind, and solar power storage batteries for the electric vehicle market in the People’s Republic of China. Founded in 1986, and currently run by Tianren Zhang, the company currently employs 18,447 people and with the market cap of HKD HK$8.26B, it falls under the mid-cap category.
819 has a nice dividend yield of 3.52% and is paying out 28.71% of profits as dividends , with the expected payout in three years being 30.82%. While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Tianneng Power International is a strong prospect for its future growth, with analysts expecting the company’s earnings to increase by 66.17% over the next three years. More on Tianneng Power International here.