CCT Fortis Holdings is one of the top dividend stocks I think are worth considering today. 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, I favour these great dividend-paying stocks that continues to add value to my portfolio.
CCT Fortis Holdings Limited (SEHK:138)
CCT Fortis Holdings Limited, an investment holding company, primarily engages in trading securities. The company currently employs 604 people and with the company’s market capitalisation at HKD HK$857.87M, we can put it in the small-cap group.
138 has a sumptuous dividend yield of 7.14% and is currently distributing 22.65% of profits to shareholders . The company’s dividends per share have risen from $0.05 to $0.07 over the last 10 years. They have been dependable too, not missing a single payment in this time. CCT Fortis Holdings seems reasonably priced when looking at its PE ratio (3.2). The industry average suggests that HK Capital Markets companies are more expensive on average 16.1.
Chinney Alliance Group Limited (SEHK:385)
Chinney Alliance Group Limited, an investment holding company, engages in the trading of plastic and chemical products, and building related contracting activities. The company currently employs 1680 people and with the company’s market capitalisation at HKD HK$868.55M, we can put it in the small-cap category.
385 has a large dividend yield of 4.11% and the company currently pays out 15.46% of its profits as dividends . 385’s last dividend payment was $0.06, up from it’s payment 10 years ago of $0.01. It should comfort existing and potential future shareholders to know that 385 hasn’t missed a payment during this time. Chinney Alliance Group’s earnings per share growth of 39.13% outpaced the hk construction and engineering industry’s -7.18% average growth rate over the last year.
AEON Credit Service (Asia) Company Limited (SEHK:900)
AEON Credit Service (Asia) Company Limited, together with its subsidiaries, engages in the consumer finance business in Hong Kong. Started in 1990, and currently run by Hideo Tanaka, the company now has 604 employees and with the stock’s market cap sitting at HKD HK$2.64B, it comes under the mid-cap stocks category.
900 has an alluring dividend yield of 6.33% and pays out 48.30% of its profit as dividends . The company’s DPS has increased from $0.23 to $0.4 over the last 10 years. They have been consistent too, not missing a payment during this 10 year period. AEON Credit Service (Asia)’s earnings per share growth of 16.79% outpaced the hk consumer finance industry’s 15.58% average growth rate over the last year.