In This Article:
Wing Tai Properties is one of the companies that can help improve your portfolio income through large dividend payouts. Great dividend payers create a safe bet to increase investors’ portfolio value as payouts provide 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.
Wing Tai Properties Limited (SEHK:369)
Wing Tai Properties Limited, an investment holding company, invests in, develops, and manages properties in Hong Kong, the People’s Republic of China, the United Kingdom, Singapore, and internationally. The company size now stands at 510 people and with the market cap of HKD HK$8.14B, it falls under the mid-cap group.
369 has a enticing dividend yield of 4.48% and the company currently pays out 18.34% of its profits as dividends , with analysts expecting the payout in three years to be 35.19%. Despite some volatility in the yield, DPS has risen in the last 10 years from HK$0.12 to HK$0.27. Wing Tai Properties’s performance over the last 12 months beat the hk real estate industry, with the company reporting 72.87% EPS growth compared to its industry’s figure of 37.28%. More on Wing Tai Properties here.
Sinopec Kantons Holdings Limited (SEHK:934)
Sinopec Kantons Holdings Limited, an investment holding company, engages in petrochemical storage and logistics businesses in the People’s Republic of China. Formed in 1998, and now run by Zhi Jun Ye, the company size now stands at 245 people and with the market cap of HKD HK$10.07B, it falls under the large-cap group.
934 has a decent dividend yield of 3.46% and distributes 13.89% of its earnings to shareholders as dividends , with the expected payout in three years being 27.88%. 934’s dividends have seen an increase over the past 10 years, with payments increasing from HK$0.035 to HK$0.14 in that time. The company has been a dependable payer too, not missing a payment in this 10 year period. More detail on Sinopec Kantons Holdings here.
Shui On Land Limited (SEHK:272)
Shui On Land Limited, an investment holding company, develops and sells properties in the Chinese Mainland. Started in 2004, and currently lead by , the company currently employs 3,219 people and with the stock’s market cap sitting at HKD HK$16.89B, it comes under the large-cap stocks category.
272 has a large dividend yield of 4.76% and has a payout ratio of 40.01% . While there’s been some fluctuation in the yield over the last 10 years, the dividends per share have increased in this time. More on Shui On Land here.