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One of the best paying dividend stock on our list is Pico Far East Holdings. Dividend stocks are a great way to hedge your portfolio 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. As a long term investor with a short term temperament, I highly recommend these top dividend stocks.
Pico Far East Holdings Limited (SEHK:752)
Pico Far East Holdings Limited, an investment holding company, engages in the exhibition and event marketing services, visual branding experiences, museum, themed environment, interior and retail, conference and show management, and related businesses worldwide. Formed in 1969, and now led by CEO Song Chia, the company now has 2,000 employees and with the company’s market capitalisation at HKD HK$3.79B, we can put it in the mid-cap group.
752 has a sumptuous dividend yield of 6.01% and the company currently pays out 58.91% of its profits as dividends , with an expected payout of 79.31% in three years. Despite some volatility in the yield, DPS has risen in the last 10 years from HK$0.07 to HK$0.18. More detail on Pico Far East Holdings here.
K. Wah International Holdings Limited (SEHK:173)
K. Wah International Holdings Limited, an investment holding company, engages in the property development and investment activities in Hong Kong, Mainland China, and Singapore. The company provides employment to 850 people and with the stock’s market cap sitting at HKD HK$15.48B, it comes under the large-cap category.
173 has a decent dividend yield of 3.56% and the company has a payout ratio of 15.75% , with the expected payout in three years being 17.94%. Despite some volatility in the yield, DPS has risen in the last 10 years from HK$0.05 to HK$0.18. K. Wah International Holdings also reported a strong earnings growth of 19.94% over the past 12 months, Continue research on K. Wah International Holdings here.
Anhui Expressway Company Limited (SEHK:995)
Anhui Expressway Company Limited invests in, constructs, operates, manages, and develops toll roads and associated service sections in the Anhui Province. Started in 1996, and currently headed by CEO Zhen Xu, the company size now stands at 2,692 people and with the company’s market capitalisation at HKD HK$18.65B, we can put it in the large-cap category.
995 has an alluring dividend yield of 4.21% and is distributing 36.04% of earnings as dividends , with analysts expecting a 40.97% payout in three years. 995 has been paying a dividend for the last 10 years, but shareholders have not seen an increase in dividends per share during this time. The company has also had a strong past 12 months, reporting a double digit EPS growth of 13.06%. Continue research on Anhui Expressway here.