Why Dongfeng Motor Group Company Limited (HKG:489) Could Have A Place In Your Portfolio
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Dongfeng Motor Group Company Limited (HKG:489) due to its excellent fundamentals in more than one area. 489 is a highly-regarded dividend-paying company with a a great track record of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Dongfeng Motor Group here.
Proven track record average dividend payer
In the previous year, 489 has ramped up its bottom line by 10.8%, with its latest earnings level surpassing its average level over the last five years. Not only did 489 outperformed its past performance, its growth also exceeded the Auto industry expansion, which generated a 3.2% earnings growth. This is an notable feat for the company.
489 is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
Next Steps:
For Dongfeng Motor Group, I’ve compiled three relevant factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for 489’s future growth? Take a look at our free research report of analyst consensus for 489’s outlook.
Financial Health: Are 489’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 489? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.