The Better Dividend Stock: CLP Holdings vs. Power Assets [The Motley Fool]
CLP HOLDINGS LTD S/ADR (CLPHY)
NASDAQ:AMEX Investor Relations:
clpgroup.com/en/investors-information/quick-facts
Company Research
Source: The Motley Fool
The Better Dividend Stock: CLP Holdings vs. Power Assets -- The Motley Fool The Better Dividend Stock: CLP Holdings vs. Power Assets Power Assets Holdings Ltd has a much higher dividend yield than CLP Holdings Limited. But does that make it a better dividend share? ( the_motley_fool NASDAQOTH:CLPHY NASDAQOTH:HGKGF However, if you could only pick one stock, which would you choose? To make your life simpler, I will compare their dividend yields, dividend historical growth rates, and dividend payout ratios of the two companies to determine the better dividend share for you. Business background Before we analyze the dividend aspects of CLP and Power Assets, let's find out a bit more about their businesses. CLP is involved in power generation, transmission and distribution, and electricity and gas retail activities. In Hong Kong, it operates a vertically integrated electricity supply business that provides electricity supply to over 80% of the city's population. Outside the country, it has
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