Top Yielding China Stocks

China's vice president Xi Jinping believes in the economic future of the United States, after meeting with vice-president Joe Biden. Other attendees at the meeting included executives of General Motors Co., Coca Cola Co., Caterpillar Inc., Bank of China Ltd., and Lenovo Group. But the big question is, do US investors have confidence in China?



Many investors willing to take a chance on investing in China stocks are picking ones that pay dividends, which can help to reduce risk by returning capital faster and may reduce volatility. There are plenty of bargains out there as China stocks have dropped significantly over the last few weeks. The iShares FTSE China 25 Index Fund (FXI) has dropped over 32% since August 1.



WallStreetNewsNetwork.com has just updated its list of over a dozen China stocks that pay dividends with yields running as high as 6%.



As an example, PetroChina Co. Ltd. (PTR) has been paying dividends since 2000, and pays twice a year also, most recently in May and September. This producer of oil and natural gas has a forward price to earnings ratio of 7.8 and pays a yield of 4.2%.



Another China company with a long term track record of paying dividends is China Petroleum & Chemical Corp. (SNP), which has been paying semi-annually since 2001. This oil, gas, and chemical company has a forward PE of 5.1 and yields 4.2%.



The wireless telecom company, China Mobile Limited (CHL) trades at 10.6 times earnings and yields 3.9%. Dividends are paid twice a year.



For a free Excel database of over a dozen high yielding China stocks, which can be sorted and updated, go to wsnn.com. Eight of the stocks have yields in excess of 2%.



Disclosure: Author did not own any of the above at the time the article was written.



By Stockerblog.com

CNOOC Upgraded, Buys Opti Canada: Good News for High Yield China Stocks?

The largest offshore oil producer in China, CNOOC Ltd. (CEO), just paid $2.1 billion for the Canadian oil company Opti Canada last week. This in spite of the fact that Opti had been suffering from severe financial problems. In addition, CNOOC was just upgraded by from Neutral to Buy by UBS. The stock trades at eight times forward earnings and yields 2.6%. Latest quarterly earnings as of December 31 were up 81.4% on a 63.6% increase in revenues.

There are plenty of other Chinese stocks with decent yields according to the just updated list of high yield China stocks at WallStreetNewsNetwork.com. Yields range from 0.5% to 5.5% with dividends paid either anually or semi-annually.

Another example is China Mobile Limited (CHL), trading at 10.9 times forward earnings and sporting a yield of 3.7% paid semi-annually. The company is the world's largest mobile phone operator and has the largest mobile telecommunications network in the world. The stock, which is listed on both the NYSE and the Hong Kong stock exchange, has over 600 million subscribers. The stock has a forward price to earnings ratio of 10.9. Latest quarterly earnings were up 3.6% on a 6.8% dividend rise. The stock carries a yield of 3.7%.

As for other Chinese industries, Guangshen Railway (GSH) yields 3.1% and Yazhou Coal Mining (YZC) pays 2.1%. A free list of a dozen dividend paying Chinese stocks can be found at WallStreetNewsNetwork.com, which can be downloaded, sorted, and updated.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Update on High Yield China Stocks

China is planning interest rate hikes later this week, causing many Chinese stocks to drop in price. The country is making this move in order to keep inflation under control. Now that the news is out, it may be a buying opportunity. Investors who are willing to take the risk of investing in China stocks are choosing ones that pay dividends, in order to reduce risk by returning capital faster and possibly reducing volatility.

WallStreetNewsNetwork.com has just updated its list of over a dozen China stocks that pay dividends with yields ranging from one percent to as much as 7.5%.

The wireless telecom company, China Mobile Limited (CHL) trades at 11.6 times forward earnings and yields 3.3%. Dividends are paid twice a year.

PetroChina Co. Ltd. (PTR) has been paying dividends since 2000, and pays twice a year also, most recently in May and September. This producer of oil and natural gas has a forward PE of 9.9 and pays a yield of 3.3%.

Another China company with a long term track record of paying dividends is China Petroleum & Chemical Corp. (SNP), which has been paying semi-annually since 2001. This oil, gas, and chemical company has a forward PE of 6.6 and yields 2.3%.

For a free Excel database of over a dozen high yielding China stocks, which can be sorted and updated, go to wsnn.com. Eight of the stocks have yields in excess of 2%.

Author does not own any of the above.

By Stockerblog.com