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A great investment for income investors with a long time horizon is in dividend-paying companies like Fufeng Group. Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Here are other similar dividend stocks that could be valuable additions to your current holdings.
Fufeng Group Limited (SEHK:546)
Fufeng Group Limited, an investment holding company, engages in the manufacture and sale of fermentation-based food additive, and biochemical and starch-based products in the People’s Republic of China. Established in 1999, and now run by Qiang Zhao, the company employs 9,500 people and with the company’s market cap sitting at HKD HK$11.84B, it falls under the large-cap group.
546 has a enticing dividend yield of 4.26% and pays out 28.91% of its profit as dividends . Dividends per share have increased during the past 10 years, but there have been a couple hiccups. However, they have historically always picked up again. Over the next three years, analysts predict double digit earnings growth for Fufeng Group of 63.15%. Interested in Fufeng Group? Find out more here.
Sino-Ocean Group Holding Limited (SEHK:3377)
Sino-Ocean Group Holding Limited, an investment holding company, operates as a property developer in the People’s Republic of China. Founded in 1993, and now run by Ming Li, the company now has 8,383 employees and with the stock’s market cap sitting at HKD HK$42.74B, it comes under the large-cap category.
3377 has a large dividend yield of 5.82% and has a payout ratio of 39.24% , with analysts expecting the payout in three years to be 43.57%. While there’s been some level of instability in the yield, 3377 has overall increased DPS over a 10 year period from CN¥0.12 to CN¥0.33. The company’s future earnings growth looks promising, with analysts expecting earnings growth over the next three years to reach 53.50%. More detail on Sino-Ocean Group Holding here.
Yanzhou Coal Mining Company Limited (SEHK:1171)
Yanzhou Coal Mining Company Limited, together with its subsidiaries, engages in the exploration, mining, washing, processing, and sale of coal in China, Japan, South Korea, and Australia. Established in 1973, and currently lead by Xiangqian Wu, the company now has 68,550 employees and with the company’s market cap sitting at HKD HK$70.39B, it falls under the large-cap group.