- NX China Launches "NX Branded Containers" in Partnership with SITC
Feb 12, 2026
TOKYO, Feb. 12, 2026 /PRNewswire/ -- Nippon Express (China) Co., Ltd. (hereinafter "NX China"), a group company of NIPPON EXPRESS HOLDINGS, INC., launched "NX Branded Containers" in collaboration with SITC International Holdings Co., Ltd. (hereinafter "SITC") on Wednesday, December 17, 2025.
Logo: https://drive.google.com/file/d/1dqm0cxpYamnvMUra1AGXMuGlX932Z353/view?usp=drive_link
Photo1: Group photo of stakeholders
https://drive.google.com/file/d/13m3Ic-rYH2EQzSLyd49mjY55eTrZY9US/view?usp=drive_link
Photo2: NX Branded Container
https://drive.google.com/file/d/1uzCqqH40YWwQ_7s4B3o7aCnm8V0w5feI/view?usp=drive_link
SITC is a Hong Kong-based shipping and logistics company specializing in the Asia region. Operating 119 primarily self-owned container vessels across 82 routes, the company's strengths lie in reliable high-frequency service connecting various Asian locations and in end-to-end logistics systems.
This latest initiative will see the NX Group brand symbol affixed to SITC-owned 40-foot containers utilized on the Shanghai-Osaka route, marking the first instance of NX China placing the Group's brand symbol on the shipping company-owned containers leased for commercial purposes. These "NX Branded Containers" are expected to be used on 20 to 30 voyages annually. Ensuring high visibility in ports and urban areas will demonstrate the partnership between the two companies while enhancing the NX Group's brand recognition and boosting service quality. NX China will continue striving to step up its presence and dependability in intra-Asian shipping operations through service proposals leveraging the strengths of both companies.
The NX Group remains committed to helping develop its customers' business activities by expanding its international transport capabilities through its global network and strengthening its logistics functions in China in pursuit of the Group's long-term vision of becoming a logistics company with a strong presence in the global market.
About the NX Group: https://drive.google.com/file/d/1mbvBL6C8THZNrR5LREgGeafNkEdaAmV-/view?usp=drive_link
NX Group official website: https://www.nipponexpress.com/
NX Group's official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/Cision
View original content:https://www.prnewswire.com/apac/news-releases/nx-china-launches-nx-branded-containers-in-partnership-with-sitc-302685867.html
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- Asian Dividend Stocks To Enhance Your Portfolio
Jan 28, 2026
As the Asian markets navigate a landscape marked by uneven growth and geopolitical uncertainties, investors are increasingly turning their attention to dividend stocks as a means to bolster portfolio stability. In such an environment, selecting stocks with strong fundamentals and consistent dividend payouts can offer resilience amid market fluctuations.
Top 10 Dividend Stocks In Asia
Name Dividend Yield Dividend Rating Yamato Kogyo (TSE:5444) 3.45% ★★★★★☆ Wuliangye YibinLtd (SZSE:000858) 5.69% ★★★★★★ Torigoe (TSE:2009) 4.16% ★★★★★★ NCD (TSE:4783) 3.72% ★★★★★★ Kondotec (TSE:7438) 3.48% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.06% ★★★★★★ GakkyushaLtd (TSE:9769) 4.40% ★★★★★★ Changjiang Publishing & MediaLtd (SHSE:600757) 4.56% ★★★★★★ CAC Holdings (TSE:4725) 4.94% ★★★★★★ Binggrae (KOSE:A005180) 4.39% ★★★★★★
Click here to see the full list of 965 stocks from our Top Asian Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
LG Uplus
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: LG Uplus Corp. offers a range of telecommunication services mainly in South Korea, with a market capitalization of ₩6.99 trillion.
Operations: LG Uplus Corp.'s revenue is primarily derived from its main telecommunications operations, generating ₩14.21 trillion, and the LG Hello Vision Division, contributing ₩1.29 trillion.
Dividend Yield: 4%
LG Uplus offers a dividend yield of 3.98%, placing it in the top 25% of Korean market dividend payers, though its six-year track record is marked by volatility and an unstable history. The dividends are covered by earnings and cash flows with payout ratios of 74.1% and 33.6%, respectively, despite high debt levels. Recent earnings showed decreased net income for Q3 2025 compared to the previous year, but share buybacks may support shareholder value amid these challenges.
Delve into the full analysis dividend report here for a deeper understanding of LG Uplus. According our valuation report, there's an indication that LG Uplus' share price might be on the cheaper side.KOSE:A032640 Dividend History as at Jan 2026
SITC International Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SITC International Holdings Company Limited is a shipping logistics company that provides integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of HK$75.55 billion.
Operations: SITC International Holdings Company Limited generates revenue from its Transportation - Shipping segment, which amounts to $3.42 billion.
Dividend Yield: 12.2%
SITC International Holdings' dividend yield of 12.15% ranks it among the top 25% in Hong Kong, though its dividends have been unreliable and volatile over the past decade. Despite a reasonable payout ratio of 71.3%, dividends are not well covered by cash flows, with a high cash payout ratio of 92.6%. Recent insider selling raises concerns, though earnings surged by 128.7% last year and a special dividend of HK$0.7 per share was announced for January 2026.
Story Continues
Unlock comprehensive insights into our analysis of SITC International Holdings stock in this dividend report. Our valuation report unveils the possibility SITC International Holdings' shares may be trading at a discount.SEHK:1308 Dividend History as at Jan 2026
Tianjin Development Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tianjin Development Holdings Limited, with a market cap of HK$2.81 billion, operates through its subsidiaries to supply water, heat, thermal power, and electricity to industrial, commercial, and residential customers in the People’s Republic of China.
Operations: Tianjin Development Holdings Limited generates revenue through its segments in Utilities (HK$1.39 billion), Pharmaceutical (HK$1.58 billion), Electrical and Mechanical (HK$161.57 million), and Hotel (HK$130.72 million).
Dividend Yield: 5.3%
Tianjin Development Holdings' dividend yield of 5.34% falls short of the top 25% in Hong Kong. Despite a low payout ratio of 24.8%, dividends are not supported by free cash flow, raising sustainability concerns. However, dividends have been stable and growing over the past decade with little volatility, indicating reliability. The stock trades at a significant discount to its estimated fair value, but large one-off items affect earnings quality and financial results.
Click here to discover the nuances of Tianjin Development Holdings with our detailed analytical dividend report. Insights from our recent valuation report point to the potential undervaluation of Tianjin Development Holdings shares in the market.SEHK:882 Dividend History as at Jan 2026
Turning Ideas Into Actions
Unlock more gems! Our Top Asian Dividend Stocks screener has unearthed 962 more companies for you to explore.Click here to unveil our expertly curated list of 965 Top Asian Dividend Stocks. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Looking For Alternative Opportunities?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include KOSE:A032640 SEHK:1308 and SEHK:882.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Asian Dividend Stocks To Enhance Your Portfolio
Nov 3, 2025
As global markets navigate a mix of economic signals, including a temporary U.S.-China trade truce and steady interest rates from the Bank of Japan, investors are increasingly looking towards Asia for opportunities that align with these shifting dynamics. In this context, dividend stocks can be particularly attractive as they offer potential income stability amidst market fluctuations and evolving economic policies.
Top 10 Dividend Stocks In Asia
Name Dividend Yield Dividend Rating Yamato Kogyo (TSE:5444) 4.11% ★★★★★★ Torigoe (TSE:2009) 3.98% ★★★★★★ SAN Holdings (TSE:9628) 3.79% ★★★★★★ NCD (TSE:4783) 4.48% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 3.99% ★★★★★★ GakkyushaLtd (TSE:9769) 4.53% ★★★★★★ Daicel (TSE:4202) 4.52% ★★★★★★ Changjiang Publishing & MediaLtd (SHSE:600757) 4.61% ★★★★★★ CAC Holdings (TSE:4725) 4.68% ★★★★★★ Binggrae (KOSE:A005180) 4.48% ★★★★★★
Click here to see the full list of 1038 stocks from our Top Asian Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
SITC International Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SITC International Holdings Company Limited is a shipping logistics company offering integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of HK$83.11 billion.
Operations: SITC International Holdings Company Limited generates revenue of $3.42 billion from its Transportation - Shipping segment.
Dividend Yield: 6.9%
SITC International Holdings offers a compelling dividend yield, ranking in the top 25% of Hong Kong market payers. Despite a history of volatile dividends, recent payouts are well-covered by both earnings and cash flows, with payout ratios at 71.3% and 57.9%, respectively. The company declared an interim dividend of HK$1.3 per share for H1 2025 amidst strong financial performance, reporting net income growth to US$630 million from US$350.67 million year-over-year, though insider selling raises caution.
Navigate through the intricacies of SITC International Holdings with our comprehensive dividend report here. Upon reviewing our latest valuation report, SITC International Holdings' share price might be too pessimistic.SEHK:1308 Dividend History as at Nov 2025
Huishang Bank
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Huishang Bank Corporation Limited, along with its subsidiaries, offers a range of commercial banking products and services primarily in Anhui and Jiangsu regions as well as internationally, with a market cap of approximately HK$48.48 billion.
Operations: Huishang Bank Corporation Limited generates revenue from its Treasury segment (CN¥10.27 billion) and Corporate Banking segment (CN¥15.49 billion).
Story Continues
Dividend Yield: 6.6%
Huishang Bank's dividend yield is slightly below the top 25% of Hong Kong market payers, but its dividends are well covered by earnings with a low payout ratio of 19.4%. Despite an unstable dividend history, recent financial performance shows resilience, with net income rising to CNY 9.11 billion for H1 2025 from CNY 8.63 billion a year prior. The bank's addition to the S&P Global BMI Index may enhance investor visibility and confidence.
Unlock comprehensive insights into our analysis of Huishang Bank stock in this dividend report. Our comprehensive valuation report raises the possibility that Huishang Bank is priced lower than what may be justified by its financials.SEHK:3698 Dividend History as at Nov 2025
V V Food & BeverageLtd
Simply Wall St Dividend Rating: ★★★★★☆
Overview: V V Food & Beverage Co., Ltd is involved in the research, development, production, and sale of food and beverage products both in China and internationally, with a market cap of CN¥5.85 billion.
Operations: V V Food & Beverage Co., Ltd generates its revenue through the research, development, production, and sale of food and beverage products across domestic and international markets.
Dividend Yield: 3.5%
V V Food & Beverage Ltd's dividend yield ranks in the top 25% of China's market, supported by a sustainable earnings payout ratio of 51.1% and a low cash payout ratio of 24.8%. However, its dividend history is marked by volatility and unreliability over the past decade. Recent earnings show stability with net income at CNY 241.25 million for the nine months ending September 2025, despite declining sales compared to last year.
Dive into the specifics of V V Food & BeverageLtd here with our thorough dividend report. Insights from our recent valuation report point to the potential undervaluation of V V Food & BeverageLtd shares in the market.SHSE:600300 Dividend History as at Nov 2025
Where To Now?
Take a closer look at our Top Asian Dividend Stocks list of 1038 companies by clicking here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.
Want To Explore Some Alternatives?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1308 SEHK:3698 and SHSE:600300.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Asian Dividend Stocks To Consider In August 2025
Aug 20, 2025
As global markets react to inflation data and interest rate speculations, Asian stock markets are experiencing notable shifts, driven by easing trade tensions and strong economic indicators in countries like Japan and China. In this dynamic environment, dividend stocks can offer a stable income stream for investors seeking to navigate market fluctuations while potentially benefiting from the region's economic resilience.
Top 10 Dividend Stocks In Asia
Name Dividend Yield Dividend Rating Wuliangye YibinLtd (SZSE:000858) 5.09% ★★★★★★ Tsubakimoto Chain (TSE:6371) 3.73% ★★★★★★ Torigoe (TSE:2009) 4.61% ★★★★★★ NCD (TSE:4783) 4.62% ★★★★★★ Japan Excellent (TSE:8987) 3.94% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.43% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.06% ★★★★★★ GakkyushaLtd (TSE:9769) 4.41% ★★★★★★ DoshishaLtd (TSE:7483) 3.79% ★★★★★★ CAC Holdings (TSE:4725) 4.68% ★★★★★★
Click here to see the full list of 1068 stocks from our Top Asian Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
S.A.S. Dragon Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: S.A.S. Dragon Holdings Limited is an investment holding company that offers electronic supply chain services across various regions, including Hong Kong, Mainland China, Taiwan, the United States, Vietnam, Singapore, and Macao; it has a market cap of approximately HK$3.19 billion.
Operations: S.A.S. Dragon Holdings Limited generates revenue primarily from the distribution of electronic components and semiconductor products, amounting to HK$27.76 billion.
Dividend Yield: 7.9%
S.A.S. Dragon Holdings offers a high dividend yield of 7.86%, placing it in the top 25% of Hong Kong dividend payers, though its dividends have been volatile over the past decade. Despite this instability, dividends are well-covered by earnings and cash flows with payout ratios below 50%. Recent board changes and a final dividend approval of HK$25 per share highlight ongoing shareholder focus, yet investors should weigh the historical volatility against current yield benefits.
Get an in-depth perspective on S.A.S. Dragon Holdings' performance by reading our dividend report here. In light of our recent valuation report, it seems possible that S.A.S. Dragon Holdings is trading behind its estimated value.SEHK:1184 Dividend History as at Aug 2025
SITC International Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SITC International Holdings Company Limited is a shipping logistics company that provides integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of approximately HK$78.84 billion.
Story Continues
Operations: SITC International Holdings generates revenue from its Transportation - Shipping segment, which amounts to $3.42 billion.
Dividend Yield: 7.3%
SITC International Holdings declared an interim dividend of HK$1.3 per share, with a history of volatile dividends over the past decade. Despite this, the current payout ratio of 71.3% ensures dividends are covered by earnings and cash flows at an 81.9% cash payout ratio. Recent earnings growth to US$630 million for H1 2025 supports dividend sustainability, though future earnings are projected to decline. The dividend yield remains attractive within Hong Kong's top quartile payers.
Dive into the specifics of SITC International Holdings here with our thorough dividend report. Our expertly prepared valuation report SITC International Holdings implies its share price may be lower than expected.SEHK:1308 Dividend History as at Aug 2025
Consun Pharmaceutical Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Consun Pharmaceutical Group Limited focuses on the research, development, manufacturing, and sale of Chinese medicines and medical contrast medium products in the People’s Republic of China, with a market cap of HK$12.33 billion.
Operations: Consun Pharmaceutical Group's revenue is derived from its Consun Pharmaceutical Segment, generating CN¥2.53 billion, and the Yulin Pharmaceutical Segment, contributing CN¥442.84 million.
Dividend Yield: 4%
Consun Pharmaceutical Group announced an interim dividend of HKD 0.33 per share, reflecting a stable payout ratio with dividends covered by earnings at 50.8% and cash flows at 46.3%. Despite a history of volatile dividends, recent earnings growth to CNY 498.3 million for H1 2025 enhances sustainability prospects. Trading below estimated fair value offers potential upside, though the dividend yield remains modest compared to top payers in Hong Kong's market.
Navigate through the intricacies of Consun Pharmaceutical Group with our comprehensive dividend report here. The valuation report we've compiled suggests that Consun Pharmaceutical Group's current price could be quite moderate.SEHK:1681 Dividend History as at Aug 2025
Seize The Opportunity
Explore the 1068 names from our Top Asian Dividend Stocks screener here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage.
Want To Explore Some Alternatives?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1184 SEHK:1308 and SEHK:1681.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Global Dividend Stocks Highlighted With 3 Top Picks
May 19, 2025
As global markets respond positively to the recent U.S.-China tariff suspension, investors are witnessing a rally in major indices, with the Nasdaq Composite and S&P 500 leading gains. In this context of easing trade tensions and cooling inflation, dividend stocks stand out as an attractive option for those seeking stable income streams amidst market volatility.
Top 10 Dividend Stocks Globally
Name Dividend Yield Dividend Rating en-japan (TSE:4849) 4.26% ★★★★★★ Allianz (XTRA:ALV) 4.38% ★★★★★★ Daicel (TSE:4202) 5.07% ★★★★★★ CAC Holdings (TSE:4725) 4.93% ★★★★★★ GakkyushaLtd (TSE:9769) 4.08% ★★★★★★ Yamato Kogyo (TSE:5444) 4.70% ★★★★★★ Nihon Parkerizing (TSE:4095) 4.09% ★★★★★★ E J Holdings (TSE:2153) 4.99% ★★★★★★ Japan Excellent (TSE:8987) 4.46% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 4.52% ★★★★★★
Click here to see the full list of 1565 stocks from our Top Global Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
SITC International Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SITC International Holdings Company Limited is a shipping logistics company providing integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of approximately HK$64.80 billion.
Operations: SITC International Holdings Company Limited generates revenue primarily through its Transportation - Shipping segment, which accounted for $3.06 billion.
Dividend Yield: 8.9%
SITC International Holdings recently approved a final dividend of HK$1.40 per share, reflecting its commitment to returning value to shareholders. The company's dividends are covered by earnings with a payout ratio of 70% and cash flows at 81.9%, indicating sustainability despite a volatile dividend history over the past decade. With an attractive dividend yield in the top 25% of Hong Kong payers, SITC benefits from strong recent earnings growth but faces potential future earnings declines.
Delve into the full analysis dividend report here for a deeper understanding of SITC International Holdings. Our valuation report unveils the possibility SITC International Holdings' shares may be trading at a discount.SEHK:1308 Dividend History as at May 2025
Powertip Image
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Powertip Image Corp, along with its subsidiaries, manufactures and sells electronic components and optical instruments across Mainland China, Taiwan, and internationally, with a market cap of NT$4.16 billion.
Operations: Powertip Image Corp generates revenue through the production and sale of electronic components and optical instruments in various international markets, including Mainland China and Taiwan.
Story Continues
Dividend Yield: 3%
Powertip Image Corp's dividend payments are well-supported by earnings and cash flows, with payout ratios of 48.9% and 32.4%, respectively. Despite recent earnings growth, the company's dividends have been volatile over the past decade. The annual dividend was recently increased to TWD 3 per share, payable in July 2025. However, its dividend yield remains low compared to top-tier payers in Taiwan's market and the stock has experienced high price volatility recently.
Click here to discover the nuances of Powertip Image with our detailed analytical dividend report. The valuation report we've compiled suggests that Powertip Image's current price could be quite moderate.TPEX:6498 Dividend History as at May 2025
Techno Ryowa
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Techno Ryowa Ltd. focuses on the design, construction, and maintenance of environmental control systems mainly in Japan, with a market cap of ¥69.43 billion.
Operations: Techno Ryowa Ltd.'s revenue is primarily derived from its operations in the design, construction, and maintenance of environmental control systems.
Dividend Yield: 3%
Techno Ryowa's dividends are well-covered by earnings and cash flows, with payout ratios of 28.2% and 48.1%, respectively, although the dividend has been volatile over the past decade. The dividend yield of 3.04% is below Japan's top-tier payers. A recent share repurchase program aims to enhance shareholder returns by buying back up to ¥2.20 billion worth of shares, reflecting a strategic move to improve capital efficiency amid a highly volatile share price environment.
Unlock comprehensive insights into our analysis of Techno Ryowa stock in this dividend report. In light of our recent valuation report, it seems possible that Techno Ryowa is trading behind its estimated value.TSE:1965 Dividend History as at May 2025
Where To Now?
Dive into all 1565 of the Top Global Dividend Stocks we have identified here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.
Looking For Alternative Opportunities?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1308 TPEX:6498 and TSE:1965.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Asian Dividend Stocks To Watch In April 2025
Apr 2, 2025
As global markets grapple with economic uncertainty and inflation concerns, Asia's stock markets have shown resilience, with a focus on bolstering domestic demand and navigating geopolitical tensions. In such an environment, dividend stocks can offer investors a degree of stability and income potential, making them particularly appealing amidst fluctuating market conditions.
Top 10 Dividend Stocks In Asia
Name Dividend Yield Dividend Rating Totech (TSE:9960) 3.91% ★★★★★★ Wuliangye YibinLtd (SZSE:000858) 3.91% ★★★★★★ CAC Holdings (TSE:4725) 4.75% ★★★★★★ Tsubakimoto Chain (TSE:6371) 4.31% ★★★★★★ Nihon Parkerizing (TSE:4095) 4.16% ★★★★★★ Daito Trust ConstructionLtd (TSE:1878) 4.11% ★★★★★★ GakkyushaLtd (TSE:9769) 4.16% ★★★★★★ China South Publishing & Media Group (SHSE:601098) 3.85% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.13% ★★★★★★ E J Holdings (TSE:2153) 4.83% ★★★★★★
Click here to see the full list of 1139 stocks from our Top Asian Dividend Stocks screener.
Let's explore several standout options from the results in the screener.
SITC International Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SITC International Holdings Company Limited is a shipping logistics company that offers integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of HK$57.51 billion.
Operations: SITC International Holdings Company Limited generates its revenue primarily from its Container Shipping and Logistics segment, which amounts to $3.06 billion.
Dividend Yield: 9.9%
SITC International Holdings recently proposed a final dividend of HK$1.4 per share, reflecting its strong earnings growth with net income rising to US$1.03 billion in 2024 from US$531.39 million the previous year. Despite trading below estimated fair value and having a high dividend yield of 9.9%, the company's dividends have been volatile over the past decade, raising concerns about reliability and sustainability without sufficient cash flow data for confirmation.
Delve into the full analysis dividend report here for a deeper understanding of SITC International Holdings. Insights from our recent valuation report point to the potential undervaluation of SITC International Holdings shares in the market.SEHK:1308 Dividend History as at Apr 2025
Changjiang Publishing & MediaLtd
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Changjiang Publishing & Media Co., Ltd is a publishing company based in China with a market capitalization of approximately CN¥10.80 billion.
Operations: Changjiang Publishing & Media Co., Ltd generates its revenue through various segments, including publishing, distribution, and retail operations in China.
Story Continues
Dividend Yield: 4.5%
Changjiang Publishing & Media Ltd. offers a stable dividend history with consistent growth over the past decade, boasting a yield of 4.49%, placing it in the top quartile of CN market dividend payers. However, its dividends are not well-covered by free cash flow due to a high cash payout ratio of 173.7%, raising sustainability concerns despite being covered by earnings with a payout ratio of 55.6%. Its price-to-earnings ratio suggests good value relative to peers and the broader market.
Click here to discover the nuances of Changjiang Publishing & MediaLtd with our detailed analytical dividend report. In light of our recent valuation report, it seems possible that Changjiang Publishing & MediaLtd is trading behind its estimated value.SHSE:600757 Dividend History as at Apr 2025
YungShin Global Holding
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: YungShin Global Holding Corporation, with a market cap of NT$15.50 billion, operates through its subsidiaries to invest in, manufacture, and sell medicines, animal drugs, agricultural chemicals, industrial medicines, and cosmetics.
Operations: YungShin Global Holding Corporation generates revenue from several regions, including NT$6.13 billion from Taiwan, NT$869.63 million from Japan, NT$745.69 million from the United States, and NT$73.73 million from Mainland China.
Dividend Yield: 4%
YungShin Global Holding has announced a TWD 3.00 per share annual dividend, reflecting an increase in its payouts despite a historically volatile dividend track record. The company's dividends are supported by earnings and cash flows with payout ratios of 59.5% and 56.2%, respectively, suggesting sustainability. However, the yield of 3.95% is below the top tier in Taiwan's market, though shares trade at a discount to estimated fair value, indicating potential investment appeal for value-focused investors.
Unlock comprehensive insights into our analysis of YungShin Global Holding stock in this dividend report. The analysis detailed in our YungShin Global Holding valuation report hints at an deflated share price compared to its estimated value.TWSE:3705 Dividend History as at Apr 2025
Where To Now?
Investigate our full lineup of 1139 Top Asian Dividend Stocks right here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.
Interested In Other Possibilities?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1308 SHSE:600757 and TWSE:3705.
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- Top Dividend Stocks Including Korean Reinsurance For Income Growth
Dec 24, 2024
As global markets grapple with the Federal Reserve's cautious outlook on interest rates and political uncertainties, investors are seeking stability amidst volatility. In such an environment, dividend stocks can offer a reliable income stream and potential for growth, providing a buffer against market fluctuations.
Top 10 Dividend Stocks
Name Dividend Yield Dividend Rating Tsubakimoto Chain (TSE:6371) 4.17% ★★★★★★ Wuliangye YibinLtd (SZSE:000858) 3.25% ★★★★★★ CAC Holdings (TSE:4725) 4.78% ★★★★★★ Yamato Kogyo (TSE:5444) 4.09% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 3.25% ★★★★★★ Padma Oil (DSE:PADMAOIL) 7.53% ★★★★★★ GakkyushaLtd (TSE:9769) 4.40% ★★★★★★ China South Publishing & Media Group (SHSE:601098) 3.76% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.26% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 5.22% ★★★★★★
Click here to see the full list of 1957 stocks from our Top Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
Korean Reinsurance
Simply Wall St Dividend Rating: ★★★★★★
Overview: Korean Reinsurance Company offers life and non-life reinsurance products both in Korea and internationally, with a market cap of ₩1.71 trillion.
Operations: Korean Reinsurance Company generates revenue from its reinsurance segment, amounting to ₩4.37 trillion.
Dividend Yield: 5.5%
Korean Reinsurance offers a stable and reliable dividend profile, with dividends well-covered by earnings (payout ratio: 28.1%) and cash flows (cash payout ratio: 6.5%). Despite recent shareholder dilution, the company trades at a significant discount to its estimated fair value. Recent earnings showed improvement in Q3 net income compared to last year, though nine-month figures were slightly down. A stock split was also announced for November 2024, potentially impacting future dividends per share calculations.
Take a closer look at Korean Reinsurance's potential here in our dividend report. The valuation report we've compiled suggests that Korean Reinsurance's current price could be quite moderate.KOSE:A003690 Dividend History as at Dec 2024
SITC International Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SITC International Holdings Company Limited is a shipping logistics company that provides integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of HK$52.72 billion.
Operations: SITC International Holdings generates revenue of $2.48 billion from its Container Shipping and Logistics segment.
Dividend Yield: 4.8%
SITC International Holdings' dividends are covered by both earnings (payout ratio: 72.2%) and cash flows (cash payout ratio: 76.5%), though they have been volatile over the past decade. The dividend yield is lower than top-tier payers in Hong Kong, but a special HK$0.4 dividend was recently declared. Despite recent profit margin declines, earnings are expected to grow annually by 6.35%, while board changes may impact future strategic directions.
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Click here to discover the nuances of SITC International Holdings with our detailed analytical dividend report. In light of our recent valuation report, it seems possible that SITC International Holdings is trading beyond its estimated value.SEHK:1308 Dividend History as at Dec 2024
YAMADA Consulting GroupLtd
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: YAMADA Consulting Group Co., Ltd. offers a range of consulting services across Japan, Asia, the United States, and internationally, with a market capitalization of ¥36.38 billion.
Operations: YAMADA Consulting Group Ltd. generates revenue through its diverse consulting services provided across Japan, Asia, the United States, and other international markets.
Dividend Yield: 3.9%
YAMADA Consulting Group's dividend yield of 3.93% is among the top 25% in Japan, yet its dividends are not well covered by cash flows, indicated by a high cash payout ratio of 108.9%. Despite earnings growth of 26.3% last year and a low payout ratio of 23.5%, dividends have been volatile over the past decade, reflecting unreliability in payments. The company's price-to-earnings ratio is attractively below the market average at 10.6x.
Navigate through the intricacies of YAMADA Consulting GroupLtd with our comprehensive dividend report here. The valuation report we've compiled suggests that YAMADA Consulting GroupLtd's current price could be inflated.TSE:4792 Dividend History as at Dec 2024
Turning Ideas Into Actions
Click this link to deep-dive into the 1957 companies within our Top Dividend Stocks screener. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.
Contemplating Other Strategies?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include KOSE:A003690 SEHK:1308 and TSE:4792.
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- Top 3 Dividend Stocks On SEHK For Reliable Income
Oct 13, 2024
As global markets continue to navigate economic uncertainties, the Hong Kong market has experienced a challenging period, with the Hang Seng Index recently seeing significant declines. In this environment, dividend stocks on the SEHK offer investors potential for reliable income streams by providing regular payouts that can help offset market volatility.
Top 10 Dividend Stocks In Hong Kong
Name Dividend Yield Dividend Rating China Hongqiao Group (SEHK:1378) 8.93% ★★★★★☆ Chongqing Rural Commercial Bank (SEHK:3618) 7.61% ★★★★★☆ Bank of China (SEHK:3988) 7.08% ★★★★★☆ Playmates Toys (SEHK:869) 8.96% ★★★★★☆ Lion Rock Group (SEHK:1127) 8.09% ★★★★★☆ China Construction Bank (SEHK:939) 7.21% ★★★★★☆ PC Partner Group (SEHK:1263) 8.79% ★★★★★☆ Tianjin Development Holdings (SEHK:882) 6.99% ★★★★★☆ Sinopharm Group (SEHK:1099) 4.54% ★★★★★☆ Tian An China Investments (SEHK:28) 4.94% ★★★★★☆
Click here to see the full list of 92 stocks from our Top SEHK Dividend Stocks screener.
We'll examine a selection from our screener results.
Datang Environment Industry Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Datang Environment Industry Group Co., Ltd. operates in the environmental protection and energy-saving sectors, with a market cap of approximately HK$2.52 billion.
Operations: Datang Environment Industry Group Co., Ltd.'s revenue primarily comes from its Environmental Protection and Energy Conservation Solutions segment, generating CN¥5.56 billion, followed by Renewable Energy Engineering at CN¥243.94 million.
Dividend Yield: 7.7%
Datang Environment Industry Group offers a dividend yield of 7.73%, placing it in the top quartile among Hong Kong dividend payers. Despite its attractive yield, the company has an unstable and volatile dividend history, with payments having decreased by over 20% annually at times. However, dividends are well-covered by both earnings and cash flows, with payout ratios of 48% and 13.1%, respectively. Recent leadership changes may impact future strategic directions but have no immediate effect on dividend stability.
Take a closer look at Datang Environment Industry Group's potential here in our dividend report. Our comprehensive valuation report raises the possibility that Datang Environment Industry Group is priced lower than what may be justified by its financials. SEHK:1272 Dividend History as at Oct 2024
SITC International Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SITC International Holdings Company Limited is a shipping logistics company offering integrated transportation and logistics solutions across Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally with a market cap of HK$54.55 billion.
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Operations: SITC International Holdings generates revenue primarily from its Container Shipping and Logistics segment, amounting to $2.48 billion.
Dividend Yield: 4.9%
SITC International Holdings declared an interim dividend of HK$0.72 per share for the first half of 2024, though its dividend history has been volatile over the past decade. Despite this instability, dividends are covered by earnings and cash flows with payout ratios of 72.2% and 76.5%, respectively. The company's recent earnings report showed increased sales to US$1.30 billion and net income growth, yet its dividend yield remains lower than Hong Kong's top quartile payers.
Navigate through the intricacies of SITC International Holdings with our comprehensive dividend report here. Insights from our recent valuation report point to the potential undervaluation of SITC International Holdings shares in the market. SEHK:1308 Dividend History as at Oct 2024
Stella International Holdings
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Stella International Holdings Limited is an investment holding company involved in the development, manufacture, and sale of footwear products and leather goods across North America, China, Europe, Asia, and other international markets with a market cap of HK$12.16 billion.
Operations: Stella International Holdings Limited generates revenue through its activities in the development, manufacturing, and sales of footwear products and leather goods across various international markets including North America, China, Europe, and Asia.
Dividend Yield: 8.4%
Stella International Holdings' dividend history has been volatile over the past decade, but recent improvements are notable with a declared interim dividend of HK$0.65 per share. The company's payout ratios of 72.6% for earnings and 54.2% for cash flows suggest dividends are sustainable despite past unreliability. Recent inclusion in the S&P Global BMI Index and significant net income growth to US$91.94 million highlight its strengthening financial position, supporting its competitive dividend yield in Hong Kong's market.
Get an in-depth perspective on Stella International Holdings' performance by reading our dividend report here. Our comprehensive valuation report raises the possibility that Stella International Holdings is priced higher than what may be justified by its financials. SEHK:1836 Dividend History as at Oct 2024
Key Takeaways
Embark on your investment journey to our 92 Top SEHK Dividend Stocks selection here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.
Ready For A Different Approach?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1272 SEHK:1308 and SEHK:1836.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- 3 Leading SEHK Dividend Stocks Yielding Up To 5.6%
Sep 12, 2024
Amid global economic uncertainties and mixed performance across major indices, the Hong Kong market has faced its own set of challenges. Despite these headwinds, dividend stocks listed on the SEHK continue to attract investors seeking steady income in volatile times. In such an environment, a good dividend stock is characterized by a strong balance sheet, consistent earnings growth, and a reliable payout history. These attributes are particularly valuable when market conditions are less predictable and economic data remains mixed.
Top 10 Dividend Stocks In Hong Kong
Name Dividend Yield Dividend Rating Chongqing Rural Commercial Bank (SEHK:3618) 8.76% ★★★★★★ Bank of China (SEHK:3988) 7.75% ★★★★★☆ Lenovo Group (SEHK:992) 4.17% ★★★★★☆ Chow Tai Fook Jewellery Group (SEHK:1929) 9.39% ★★★★★☆ China Construction Bank (SEHK:939) 8.05% ★★★★★☆ Sinopharm Group (SEHK:1099) 5.82% ★★★★★☆ Zhongsheng Group Holdings (SEHK:881) 8.87% ★★★★★☆ PC Partner Group (SEHK:1263) 9.66% ★★★★★☆ China Resources Land (SEHK:1109) 8.14% ★★★★★☆ Tian An China Investments (SEHK:28) 5.33% ★★★★★☆
Click here to see the full list of 74 stocks from our Top SEHK Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
SITC International Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SITC International Holdings Company Limited, a shipping logistics company with a market cap of HK$47.54 billion, provides integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally.
Operations: SITC International Holdings Company Limited generates revenue primarily from its Container Shipping and Logistics segment, which amounts to $2.48 billion.
Dividend Yield: 5.6%
SITC International Holdings declared an interim dividend of HK$0.72 per share for H1 2024, with a payment date of 20 September 2024. Despite a net profit margin drop from 35% to 23.1%, the company reported increased sales and net income for the period. The dividend payout is covered by earnings (72.2%) and cash flows (76.4%), though its yield (5.63%) is lower than top-tier payers in Hong Kong, and past dividends have been unstable.
Get an in-depth perspective on SITC International Holdings' performance by reading our dividend report here. The analysis detailed in our SITC International Holdings valuation report hints at an inflated share price compared to its estimated value. SEHK:1308 Dividend History as at Sep 2024
Xtep International Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Xtep International Holdings Limited designs, develops, manufactures, and markets sports footwear, apparel, and accessories for adults and children in China with a market cap of HK$11.17 billion.
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Operations: Xtep International Holdings Limited generates revenue from three main segments: Athleisure (CN¥1.68 billion), Mass Market (CN¥12.31 billion), and Professional Sports (CN¥1.04 billion).
Dividend Yield: 4.9%
Xtep International Holdings announced an interim dividend of HK$0.156 per share for H1 2024, payable on 30 October 2024, and a special dividend of HK$0.447 per share. The company's earnings and net income have shown growth, with sales reaching CNY7.20 billion and net income at CNY752.07 million for the period. Despite a volatile dividend history, the current payout is well-covered by both earnings (48.8%) and cash flows (33.9%).
Click here and access our complete dividend analysis report to understand the dynamics of Xtep International Holdings. Insights from our recent valuation report point to the potential undervaluation of Xtep International Holdings shares in the market. SEHK:1368 Dividend History as at Sep 2024
Wasion Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Wasion Holdings Limited is an investment holding company involved in the research, development, production, and sale of energy metering and energy efficiency management solutions for energy supply industries across various regions including China, Africa, the United States, Europe, and other parts of Asia with a market cap of HK$5.21 billion.
Operations: Wasion Holdings Limited generates revenue from three main segments: Advanced Distribution Operations (CN¥2.51 billion), Power Advanced Metering Infrastructure (CN¥2.99 billion), and Communication and Fluid Advanced Metering Infrastructure (CN¥2.42 billion).
Dividend Yield: 5.4%
Wasion Holdings' dividend payments have been volatile over the past decade, with a payout ratio of 44% indicating good coverage by earnings. Recent earnings for H1 2024 showed significant improvement, with net income rising to CNY331.03 million from CNY213.82 million a year ago, driven by increased sales and effective cost control measures. Despite its low dividend yield compared to top-tier payers in Hong Kong, Wasion is trading at a substantial discount to its estimated fair value.
Unlock comprehensive insights into our analysis of Wasion Holdings stock in this dividend report. According our valuation report, there's an indication that Wasion Holdings' share price might be on the cheaper side. SEHK:3393 Dividend History as at Sep 2024
Key Takeaways
Dive into all 74 of the Top SEHK Dividend Stocks we have identified here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.
Searching for a Fresh Perspective?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1308 SEHK:1368 and SEHK:3393.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Read This Before Considering SITC International Holdings Company Limited (HKG:1308) For Its Upcoming US$0.27 Dividend
May 1, 2020
Readers hoping to buy SITC International Holdings Company Limited (HKG:1308) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. If you purchase the stock on or after the 5th of May, you won't be eligible to receive this dividend, when it is paid on the 20th of May.
The upcoming dividend for SITC International Holdings is HK$0.27 per share, increased from last year's total dividends per share of HK$0.058. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether SITC International Holdings can afford its dividend, and if the dividend could grow.
View our latest analysis for SITC International Holdings
Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. SITC International Holdings paid out 70% of its earnings to investors last year, a normal payout level for most businesses. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. Dividends consumed 70% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations.
It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously.
Click here to see the company's payout ratio, plus analyst estimates of its future dividends. SEHK:1308 Historical Dividend Yield May 1st 2020
Have Earnings And Dividends Been Growing?
Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. Fortunately for readers, SITC International Holdings's earnings per share have been growing at 12% a year for the past five years. SITC International Holdings is paying out a bit over half its earnings, which suggests the company is striking a balance between reinvesting in growth, and paying dividends. This is a reasonable combination that could hint at some further dividend increases in the future.
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Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. SITC International Holdings has delivered 16% dividend growth per year on average over the past nine years. It's great to see earnings per share growing rapidly over several years, and dividends per share growing right along with it.
Final Takeaway
Has SITC International Holdings got what it takes to maintain its dividend payments? It's good to see earnings are growing, since all of the best dividend stocks grow their earnings meaningfully over the long run. However, we'd also note that SITC International Holdings is paying out more than half of its earnings and cash flow as profits, which could limit the dividend growth if earnings growth slows. To summarise, SITC International Holdings looks okay on this analysis, although it doesn't appear a stand-out opportunity.
While it's tempting to invest in SITC International Holdings for the dividends alone, you should always be mindful of the risks involved. For example, we've found 2 warning signs for SITC International Holdings that we recommend you consider before investing in the business.
A common investment mistake is buying the first interesting stock you see. Here you can find a list of promising dividend stocks with a greater than 2% yield and an upcoming dividend.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
