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Sichuan Expressway is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to create wealth as their stable and constant yields generally hedge against economic uncertainty and deliver downside protection. Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. If you’re a long term investor, these high-performing top dividend stocks can boost your monthly portfolio income.
Sichuan Expressway Company Limited (SEHK:107)
Sichuan Expressway Company Limited, together with its subsidiaries, invests in, constructs, operates, and manages expressway infrastructure projects in Sichuan Province, the People’s Republic of China. Started in 1997, and currently run by Yongyi Gan, the company currently employs 5,091 people and with the market cap of HKD HK$13.60B, it falls under the large-cap group.
107 has a enticing dividend yield of 4.33% and has a payout ratio of 36.03% . While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. Sichuan Expressway is also reasonably priced, with a PE ratio of 7.6 that compares favorably with the HK Infrastructure average of 9.7. Dig deeper into Sichuan Expressway here.
Luk Fook Holdings (International) Limited (SEHK:590)
Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry. Established in 1991, and headed by CEO Wai Wong, the company now has 7,300 employees and with the company’s market capitalisation at HKD HK$16.12B, we can put it in the large-cap category.
590 has a sumptuous dividend yield of 4.01% and is currently distributing 39.74% of profits to shareholders , with the expected payout in three years being 51.80%. While there’s been some level of instability in the yield, 590 has overall increased DPS over a 10 year period from HK$0.18 to HK$1.10. Interested in Luk Fook Holdings (International)? Find out more here.
Nine Dragons Paper (Holdings) Limited (SEHK:2689)
Nine Dragons Paper (Holdings) Limited, together with its subsidiaries, manufactures and sells packaging paper, recycled printing and writing paper, pulp, and specialty paper products in the People’s Republic of China. Founded in 1995, and currently headed by CEO Ming Chung Liu, the company now has 16,400 employees and has a market cap of HKD HK$62.54B, putting it in the large-cap group.