Showing posts with label SNP. Show all posts
Showing posts with label SNP. Show all posts

Saturday, August 20, 2011

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

Tuesday, December 7, 2010

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

Tuesday, October 19, 2010

The Largest Employers in the World

You might be surprised to learn what the largest employer in the world is. Want to take a guess? It is the Chinese Army, also known as the Peoples Liberation Army, at 2.3 million employees. WalMart (WMT) is in second place with 2.1 million employees, then the Indian Railway at 1.4 million, and the National Health Service in the United Kingdom at 1.33 million.

In fifth place is China Petroleum & Chemical Corporation (SNP) also known as Sinopec Corp. with 639,690 employees. Then there is G4S, a private security company in England in sixth place at 585,000 employees. Seventh is PetroChina (PTR), China's biggest oil producer which trades on the NYSE, with 539,168 employees.

Deutsche Post (DPSGY.PK), is another publicly traded big employer. This mail and package delivery company has 436,650 employees. The engineering conglomerate Siemens (SI), also publicly traded and trades on the New York Stock Exchange, has 420,800 employees. Last but not least, McDonalds (MCD), the fast food company, has around 400,000 employees.

If you like interesting lists of stocks such as these, check out all the free stock lists at WallStreetNewsNetwork.com.

Disclosure: Author owned SI and MCD at the time the article was written.

By Stockerblog.com