Yahoo Finance Best Dividend Paying Stock in June
Dividend stocks such as Yuexiu Property and Shanghai Industrial Holdings can help diversify the constant stream of cash flows generated by your portfolio. These stocks are a safe bet to increase your portfolio value 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. If you’re a buy and hold investor, these healthy dividend stocks can generously contribute to your monthly portfolio income.
Yuexiu Property Company Limited (SEHK:123)
Yuexiu Property Company Limited, together with its subsidiaries, develops, sells, and manages properties primarily in Mainland China and Hong Kong. The company employs 7280 people and with the stock’s market cap sitting at HKD HK$20.59B, it comes under the large-cap category.
123 has an appealing dividend yield of 6.44% and pays out 41.70% of its profit as dividends . Despite some volatility in the yield, DPS has risen in the last 10 years from CN¥0.05 to CN¥0.10. Analysts are enthusiastic about the company’s future growth, estimating a 80.97% earnings per share increase in the next three years. Continue research on Yuexiu Property here.
Shanghai Industrial Holdings Limited (SEHK:363)
Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure facilities, real estate, and consumer products businesses in Hong Kong and the People’s Republic of China. Founded in 1996, and headed by CEO Jun Zhou, the company employs 18,176 people and with the company’s market cap sitting at HKD HK$21.85B, it falls under the large-cap stocks category.
363 has a great dividend yield of 4.93% and is currently distributing 32.43% of profits to shareholders , and analysts are expecting a 32.84% payout ratio in the next three years. While there’s been some level of instability in the yield, 363 has overall increased DPS over a 10 year period from HK$0.86 to HK$0.96. Continue research on Shanghai Industrial Holdings here.
Great Eagle Holdings Limited (SEHK:41)
Great Eagle Holdings Limited, an investment holding company, invests in, develops, and manages residential, office, retail, and hotel properties in Asia, North America, Australasia, and Europe. Formed in 1963, and currently lead by Ka Lo, the company currently employs 6,591 people and with the stock’s market cap sitting at HKD HK$27.79B, it comes under the large-cap stocks category.
41 has a substantial dividend yield of 4.49% and is paying out 6.08% of profits as dividends , with the expected payout in three years being 28.89%. The company’s DPS has increased from HK$0.50 to HK$1.78 over the last 10 years. During this period, the company has not missed a dividend payment – as you would expect from a company increasing their dividend. The company outperformed the hk real estate industry’s earnings growth of 46.68%, reporting an EPS growth of 218.36% over the past 12 months. Dig deeper into Great Eagle Holdings here.
For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.
To help readers see pass 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.
