CCT Fortis Holdings is one of companies on my list of top dividend stocks. Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. I’ve made a list of other value-adding dividend-paying stocks for you to consider for your investment portfolio.
CCT Fortis Holdings Limited (SEHK:138)
CCT Fortis Holdings Limited, an investment holding company, primarily engages in trading securities. The company employs 604 people and with the market cap of HKD HK$857.87M, it falls under the small-cap category.
138 has a juicy dividend yield of 7.14% and the company has a payout ratio of 22.65% . 138 has increased its dividend from $0.05 to $0.07 over the past 10 years. It should comfort existing and potential future shareholders to know that 138 hasn’t missed a payment during this time. Comparing CCT Fortis Holdings’s PE ratio against the HK Capital Markets industry draws favorable results, with the company’s PE of 3.2 being below that of its industry (16.1). Continue research on CCT Fortis Holdings here.
Chinney Alliance Group Limited (SEHK:385)
Chinney Alliance Group Limited, an investment holding company, engages in the trading of plastic and chemical products, and building related contracting activities. The company now has 1680 employees and with the market cap of HKD HK$862.60M, it falls under the small-cap group.
385 has a enticing dividend yield of 4.14% and pays out 15.46% of its profit as dividends . In the case of 385, they have increased their dividend per share from $0.01 to $0.06 so in the past 10 years. During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend. Chinney Alliance Group’s earnings per share growth of 39.13% over the past 12 months outpaced the hk construction industry’s average growth rate of -3.16%. Dig deeper into Chinney Alliance Group here.
AEON Credit Service (Asia) Company Limited (SEHK:900)
AEON Credit Service (Asia) Company Limited, together with its subsidiaries, engages in the consumer finance business in Hong Kong. Established in 1990, and currently lead by Hideo Tanaka, the company size now stands at 604 people and has a market cap of HKD HK$2.62B, putting it in the mid-cap category.
900 has a sumptuous dividend yield of 6.40% and their payout ratio stands at 48.30% . In the case of 900, they have increased their dividend per share from $0.23 to $0.4 so in the past 10 years. It should comfort existing and potential future shareholders to know that 900 hasn’t missed a payment during this time. The company recorded earnings growth of 16.79% in the past year, comparing favorably with the hk consumer finance industry average of 15.58%. Continue research on AEON Credit Service (Asia) here.