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Top Chinese (SSE) Materials Dividend Stocks
UPDATED Jul 04, 2022
What are the best Chinese (SSE) Materials Dividend Stocks?
According to our Simply Wall St analysis these are the best Chinese Materials dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.
Our criteria to find Top Dividend Companies
High Yield
- Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
- Yields vary between markets, so we focus on the top dividend payers in each market.
What do we look for?
- Is the yield in the top 25% of the market's dividend payers.
Consistent Dividends
- Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
- If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.
What do we look for?
- Has the dividend been stable over the last 10 years.
- Has the dividend grown over the last 10 years.
Dividend Cover
- Ideally the company doesn't pay out all of its earnings, neglecting future growth.
- If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.
What do we look for?
- Are dividends covered by earnings.
- Are dividends forecast to be covered by earnings in the future.
Healthy Balance Sheet
- Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.
What do we look for?
- Does the company have a manageable level of debt.
- Is the company able to cover its interest repayments.
18 companies meet this criteria in the Chinese market
Anhui Huilong Agricultural Means of Production Co.,Ltd.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 002556's dividend (3.4%) is in the top 25% of dividend payers in the CN market (1.9%)
Notable Dividend
Future Dividend Coverage
Rewards
Trading at 76.6% below our estimate of its fair value
Earnings are forecast to grow 31.08% per year
Earnings grew by 55.9% over the past year
Risks
Shareholders have been diluted in the past year
Qingdao East Steel Tower Stock Co.Ltd manufactures and markets steel structures in the People’s Republic of China.
Dividend Criteria
Earnings Coverage
Growing Dividend
High Dividend: 002545's dividend (2.16%) is in the top 25% of dividend payers in the CN market (1.9%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 3.4% below our estimate of its fair value
Earnings are forecast to grow 30.16% per year
Earnings grew by 79.6% over the past year
Risks
Volatile share price over the past 3 months
Tangshan Sanyou Chemical Industries Co.,Ltd produces and sells chemical products.
Dividend Criteria
Earnings Coverage
Growing Dividend
High Dividend: 600409's dividend (2.95%) is in the top 25% of dividend payers in the CN market (1.9%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 58.3% below our estimate of its fair value
Earnings are forecast to grow 32.59% per year
Risks
No risks detected for 600409 from our risks checks.
DeHua TB New Decoration Material Co.,Ltd manufactures and sells interior decoration materials in China and internationally.
Dividend Criteria
Earnings Coverage
Growing Dividend
High Dividend: 002043's dividend (4.32%) is in the top 25% of dividend payers in the CN market (1.9%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 64.6% below our estimate of its fair value
Earnings are forecast to grow 14.83% per year
Earnings grew by 31.8% over the past year
Risks
No risks detected for 2043 from our risks checks.
Yintai Gold Co., Ltd. explores for, mines, and trades in precious metal and non-ferrous metals.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: 000975's dividend (2.58%) is in the top 25% of dividend payers in the CN market (1.9%)
Notable Dividend
Stable Dividend
Rewards
Price-To-Earnings ratio (21.6x) is below the CN market (34.4x)
Earnings are forecast to grow 29% per year
Risks
No risks detected for 975 from our risks checks.
Shanxi Taigang Stainless Steel Co., Ltd. engages in the production and sales of iron and steel in China and internationally.
Dividend Criteria
Earnings Coverage
Growing Dividend
High Dividend: 000825's dividend (11.59%) is in the top 25% of dividend payers in the CN market (1.9%)
Notable Dividend
Future Dividend Coverage
Stable Dividend
Rewards
Trading at 86.9% below our estimate of its fair value
Earnings are forecast to grow 26.69% per year
Earnings grew by 65.7% over the past year
Risks
No risks detected for 825 from our risks checks.
Jiangsu Changqing Agrochemical Co., Ltd. manufactures and sells pesticides in China, Europe, the United States, and Southeast Asia.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
High Dividend: 002391's dividend (2.74%) is in the top 25% of dividend payers in the CN market (1.9%)
Notable Dividend
Future Dividend Coverage
Rewards
Trading at 2.3% below our estimate of its fair value
Earnings are forecast to grow 29.28% per year
Earnings grew by 35.3% over the past year
Risks
No risks detected for 2391 from our risks checks.
Anhui Guangxin Agrochemical Co., Ltd. researches, develops, produces, and sells pesticides and phosgenation products in China.
Dividend Criteria
Earnings Coverage
High Dividend: 603599's dividend (2.44%) is in the top 25% of dividend payers in the CN market (1.9%)
Notable Dividend
Future Dividend Coverage
Growing Dividend
Stable Dividend
Rewards
Trading at 81.4% below our estimate of its fair value
Earnings are forecast to grow 9.1% per year
Earnings grew by 133.8% over the past year
Risks
No risks detected for 603599 from our risks checks.