Dividend stocks such as Lifestyle International Holdings and Shanghai Industrial Holdings can help diversify the constant stream of cash flows generated by your portfolio. These stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Today I will share with you my best paying dividend shares you should be considering for your portfolio.

Lifestyle International Holdings Limited (SEHK:1212)

Lifestyle International Holdings Limited, an investment holding company, operates mid to upper-end department stores and other retailing formats in the People’s Republic of China. Started in 1985, and currently lead by , the company now has 632 employees and with the stock’s market cap sitting at HKD HK$20.16B, it comes under the large-cap category.

1212 has a great dividend yield of 5.02% and is distributing 35.23% of earnings as dividends , with the expected payout in three years being 53.32%. While the yield has dropped at times in the last 10 years, dividends per share during this time have increased overall from HK$0.27 to HK$0.63. The company recorded earnings growth of 83.02% in the past year, comparing favorably with the hk multiline retail industry average of 41.04%. More detail on Lifestyle International Holdings here.

Shanghai Industrial Holdings Limited (SEHK:363)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure facilities, real estate, and consumer products businesses in Hong Kong and the People’s Republic of China. Started in 1996, and headed by CEO Jun Zhou, the company now has 18,176 employees and has a market cap of HKD HK$23.43B, putting it in the large-cap stocks category.

363 has a good-sized dividend yield of 3.81% and pays 33.48% of it’s earnings as dividends , with analysts expecting the payout ratio in three years to be 33.52%. Although there has been some volatility in the company’s dividend yield, the DPS over a 10 year period has increased from HK$0.74 to HK$0.82. Dig deeper into Shanghai Industrial Holdings here.

Yuexiu Property Company Limited (SEHK:123)

Yuexiu Property Company Limited, together with its subsidiaries, develops, sells, and manages properties primarily in Mainland China and Hong Kong. The company provides employment to 7280 people and has a market cap of HKD HK$23.56B, putting it in the large-cap group.

123 has a great dividend yield of 5.44% and has a payout ratio of 41.70% , with analysts expecting a 68.01% payout in three years. Although investors would have seen a few years of reduced payments, it has so far always picked up again, with dividends increasing from CN¥0.042 to CN¥0.10 over the past 10 years. If analysts are correct, Yuexiu Property has some strong future growth on the horizon with an expected increase in EPS of 80.97% over the next three years. Interested in Yuexiu Property? Find out more here.