Chinese dividend stocks show potential growth in May 2024, driven by strong trade surplus and holiday spending.
From Yahoo Finance: 2024-05-16 18:06:52
Chinese stocks have seen recovery in May 2024, boosted by holiday spending and a strong trade surplus, creating an optimistic outlook for dividend-paying stocks in China. Top 10 dividend stocks in China include Shandong Wit Dyne Health, Ping An Bank, and more. Explore the full list for potential investment opportunities.
Shenzhen Tagen Group offers a 5.3% dividend yield, with revenue from urban construction in China. Despite recent declines in sales and net income, the company maintains a stable payout ratio. Beijing Oriental Yuhong Waterproof Technology and Hangzhou Sunrise Technology also present dividend opportunities with sustainable yields.
Beijing Oriental Yuhong Waterproof Technology provides a 3.6% dividend yield in waterproof materials sales, supporting a reasonable payout ratio. Hangzhou Sunrise Technology offers a 3.1% dividend yield in electricity energy meters, despite fluctuating earnings. Explore opportunities in these dividend stocks for potential long-term investments.
Dive into 179 top dividend stocks identified for investment potential in China. Leverage Simply Wall St’s portfolio to monitor market movements affecting your investments. Download the Simply Wall St app for free access to essential market intelligence worldwide. Keep informed and make strategic investment decisions with these insights.
Read more at Yahoo Finance: Exploring Top Dividend Stocks In China For May 2024