Q: What are the strongest and best dividend-paying Chinese companies?
A:In the current economic environment, I'm often asked about reliable Chinese dividend payers. Right now, I recommend two strong dividend payers on my China Strategy Buy List. This includes the number-one offshore oil driller in China and the largest telecommunications service provider in Taiwan.
Both companies are government-sanctioned oligopolies. The offshore oil driller is sanctioned by Beijing, paying a 3.7% annual dividend. And the telecommunications company is sanctioned in Taiwan, paying a 5.3% annual dividend.
So, these two are the kind of companies that you want to invest in if you're looking for a dividend. Both have also performed well for my China Strategy readers so far this year. The energy company is up 40% year to date, while the telecommunications company is up 25%.
Learn how you can start profiting from both of these companies and raking in a nice dividend -- join China Strategy today.
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