Why ANTA Sports is a Great Dividend Stock [The Motley Fool]
ANTA SPORTS PRDS UNSP/ADR (ANPDY)
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Source: The Motley Fool
Why ANTA Sports is a Great Dividend Stock Here's one Chinese dividend stock that is set to keep rewarding shareholders for years to come. ANTA Sports Products Ltd ( SEHK:2020 ) has been one of the best growth stories in China. The local sportswear brand, which was established back in 1991, has seen a 20%-plus growth in profit to shareholders for each of the last six years. Investors who were savvy enough to pick up shares just five years ago would be sitting on a 449% capital gain, plus dividends. Let's take a look at why ANTA has done so well and why I believe it can still continue producing market-beating returns for investors. Over the last decade, the sportswear powerhouse has grown in prominence in China. The group's own ANTA sports brand is the number three player in China, just behind traditional powerhouses, Nike and Adidas , and ahead of other local brands such as Li Ning Co Ltd , Xtep International Holdings Limited and 361 Degrees International . ANTA's other brand, FILA,
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