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

It's a Dirty Business but Someone's Got to Invest In It: Coal

Coal has taken a bad rap for many years, primarily due to the environmental impact of its use as a fuel. In spite of its adverse issues, it is still being heavily used. How much? Check out the following facts:

1. Coal is the largest single source of fuel in the world for the generation of electricity.
2. 75% of coal is used for the production of electricity.
3. The US consumes about one billion tons of coal each year.
4. China and India use about 1.7 billion tons annually.
5. Coal is the fastest growing energy source in the world.
6. China was the top producer of coal with almost one-third of the world's share.
7. US is the second largest producer of coal.
8. The largest exporter of coal is Australia.
9. Coal is found on all continents except Antarctica.
10. There is enough coal to provide the entire planet with all of its energy for 155 years, 285 years, or 600 years, depending on what source you use.

Here are several coal companies, all of which pay dividends.

Arch Coal Inc. (ACI) mines and sells low sulfur coal, with 2.9 billion tons of coal reserves and mining operations in Colorado, Kentucky, Utah, Virginia, West Virginia, and Wyoming. The P/E is 43 and the company generates a yield of 1.7%.

CONSOL Energy Inc. (CNX) mines and sells steam coal primarily to electric power generators. It is also in the business of producing metallurgical coal. The P/E is 17, and the yield is 1.2%.

Massey Energy Co. (MEE) produces, processes, and sells steam and metallurgical grade bituminous coal. The company recently reported negative earnings and the yield is 0.8%.

Peabody Energy Corp. (BTU) owns 40 coal operations in the United States and Australia, with about 10.2 billion tons in reserves.. This St. Louis, Missouri based company has been around since 1883. The stock has a P/E of 23 and it pays a small dividend of 0.6%.

Yanzhou Coal Mining Co. Ltd. (YZC) This Chinese company mines and sells coal in China and Australia. The stock has a P/E of 16. The stock yields 1.5% and has paid dividends annually for ten years.

If you like dividend stocks, such as electric and gas utilities, check out the dividend stock lists at WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com.

Highest Yielding China Stocks

I personally don't care for Chinese stocks; after all, it is a Communist country. But many investors are willing to take the risk. Features of China include:
* It is one of the BRIC countries
* It is the largest country in the world by population
* It has the second largest GDP by purchasing power parity
* It is the second largest exporter in the world
* It is the third largest importer in the world
* Approximately 91% of the population is literate.

If you are going to invest in China, you might as well get paid for it, so look for stocks that pay dividends. Stocks with yields return your capital faster and can help reduce volatility. WallStreetNewsNetwork.com has just updated its list of China stocks that pay dividends. Unfortunately, many of them have very short track records (some as short as one year) and most pay their dividends annually. But you may be able to find a few gems.

Guangshen Railway (GSH) is a large railway in Guangdong Province of the People's Republic of China. It pays a yield of 3.2% and pays dividends annually. The company has paid dividends since 1997.

PetroChina Co. Ltd. (PTR) has been paying dividends since the year 2000, and pays semi-annually (twice a year), most recently in May and September. This producer of oil and natural gas has a forward PE of 10 and pays a yield of 2.8%.

Yanzhou Coal Mining Co. Ltd. (YZC) has paid dividends since 1999, but only pays annually. The had a 5 for 1 slit last year. This coal mining company has a yield of 1.8%.

Another China company with a long term track record of paying dividends is China Petroleum & Chemical Corp. (SNP), which has been paying since 2001. This oil, gas, and chemical company has a forward PE of 8 and yields 2.2%.

For a free Excel database of over a dozen high yielding China stocks, which can be sorted and changed, go to wsnn.com. Four of the stocks yield more than 3.5%. If you've been to the site before, you may need to clear out your cache if the High Yield China Stock database doesn't appear.

Author does not own any of the above.

By Stockerblog.com

Top Yielding China Stocks

Why do many investors like to invest in Chinese stocks? Maybe because China, which is one of the BRIC countries, is the largest country in the world by population, it has the second largest GDP by purchasing power parity, it is the second largest exporter in the world, and it is is the third largest importer in the world. Plus, approximately 91% of the population is literate. But since China has been and still is a communist country, investors still have some concerns.

One way to reduce the risk of investing in China is to look for stocks that pay dividends. Stocks with yields return your capital faster and can help reduce volatility. WallStreetNewsNetwork.com has just turned up fifteen China stocks that pay dividends. Unfortunately, many of them have very short track records (some as short as one year) and most pay their dividends annually. But you may be able to find a few gems.

PetroChina Co. Ltd. (PTR) has been paying dividends since the year 2000, and pays semi-annually (twice a year), most recently in May and September. This producer of oil and natural gas has a forward PE of 10 and pays a yield of 3.3%.

Yanzhou Coal Mining Co. Ltd. (YZC) has paid dividends since 1999, but only pays annually. The had a 5 for 1 slit last year. This coal mining company has a yield of 2.7%.

Another China company with a long term track record of paying dividends is China Petroleum & Chemical Corp. (SNP), which has been paying since 2001. This oil, gas, and chemical company has a forward PE of 8 and yields 2.7%.

For a free Excel database of high yielding China stocks, which can be sorted and changed, go to wsnn.com. Four of the stocks yield more than 3.5%. If you've been to the site before, you may need to clear out your cache if the High Yield China Stock database doesn't appear.

By Stockerblog.com