China Communications Services And 2 Other Top Dividend Stocks For Your Portfolio
Reviewed by Simply Wall St
As global markets continue to experience gains, with major indices like the Dow Jones Industrial Average and S&P 500 Index reaching record highs, investors are closely monitoring economic policies and geopolitical developments that could influence market dynamics. In this context of robust market activity, dividend stocks such as China Communications Services offer a compelling opportunity for those seeking steady income streams alongside potential capital appreciation.
Top 10 Dividend Stocks
| Name | Dividend Yield | Dividend Rating |
| Tsubakimoto Chain (TSE:6371) | 4.22% | ★★★★★★ |
| Wuliangye YibinLtd (SZSE:000858) | 3.17% | ★★★★★★ |
| CAC Holdings (TSE:4725) | 4.61% | ★★★★★★ |
| Yamato Kogyo (TSE:5444) | 3.89% | ★★★★★★ |
| Guangxi LiuYao Group (SHSE:603368) | 3.23% | ★★★★★★ |
| Padma Oil (DSE:PADMAOIL) | 6.62% | ★★★★★★ |
| Nihon Parkerizing (TSE:4095) | 3.90% | ★★★★★★ |
| FALCO HOLDINGS (TSE:4671) | 6.87% | ★★★★★★ |
| HUAYU Automotive Systems (SHSE:600741) | 4.38% | ★★★★★★ |
| E J Holdings (TSE:2153) | 3.90% | ★★★★★★ |
Click here to see the full list of 1966 stocks from our Top Dividend Stocks screener.
Let's uncover some gems from our specialized screener.
China Communications Services (SEHK:552)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: China Communications Services Corporation Limited offers telecommunications support services globally and has a market cap of HK$28.26 billion.
Operations: China Communications Services Corporation Limited generates revenue from its Provision of Integrated Comprehensive Solutions segment, totaling CN¥149.86 billion.
Dividend Yield: 5.6%
China Communications Services offers a dividend yield of 5.64%, which is below the top quartile in Hong Kong. The company has a volatile dividend history, with payments covered by earnings and cash flows, indicated by payout ratios of 41% and 50.1% respectively. Recent leadership changes might impact future strategy, but current earnings growth supports dividend sustainability despite past volatility. The stock trades significantly below its estimated fair value, presenting potential for appreciation alongside dividends.
- Click here to discover the nuances of China Communications Services with our detailed analytical dividend report.
- In light of our recent valuation report, it seems possible that China Communications Services is trading behind its estimated value.
China Pacific Insurance (Group) (SHSE:601601)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: China Pacific Insurance (Group) Co., Ltd. offers a range of insurance products to both individual and institutional clients in China, with a market cap of CN¥295.20 billion.
Operations: China Pacific Insurance (Group) Co., Ltd. generates its revenue through various insurance products and services provided to both individual and institutional customers in China.
Dividend Yield: 2.9%
China Pacific Insurance's dividend yield of 2.95% ranks within the top 25% in China, with a low cash payout ratio of 6.5%, ensuring strong coverage by cash flows and earnings. Despite a history of volatile dividends, recent earnings growth—net income rose to ¥38.31 billion for the first nine months of 2024—supports sustainability. However, projected earnings declines may pose future challenges. The stock trades significantly below its estimated fair value, offering potential upside alongside dividends.
- Click here and access our complete dividend analysis report to understand the dynamics of China Pacific Insurance (Group).
- Upon reviewing our latest valuation report, China Pacific Insurance (Group)'s share price might be too pessimistic.
Shin-Etsu PolymerLtd (TSE:7970)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Shin-Etsu Polymer Co., Ltd. manufactures and sells polyvinyl chloride (PVC) products globally with a market cap of ¥129.22 billion.
Operations: Shin-Etsu Polymer Co., Ltd. generates revenue from the global production and sale of polyvinyl chloride (PVC) products.
Dividend Yield: 3%
Shin-Etsu Polymer's dividends have been stable and growing over the past decade, supported by a low payout ratio of 22.4%, indicating strong earnings coverage. However, the dividend yield of 2.99% is below Japan's top tier, and high cash payout ratio (1812%) suggests unsustainability from free cash flows. The stock trades at a significant discount to its estimated fair value, potentially offering upside. A recent share buyback program aims to manage stock option exercises efficiently.
- Take a closer look at Shin-Etsu PolymerLtd's potential here in our dividend report.
- Our valuation report unveils the possibility Shin-Etsu PolymerLtd's shares may be trading at a discount.
Next Steps
- Click here to access our complete index of 1966 Top Dividend Stocks.
- Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
- Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
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.
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About SHSE:601601
China Pacific Insurance (Group)
Provides insurance products to individual and institutional customers in the People’s Republic of China.
Solid track record established dividend payer.
