Screening For High Yield In Asia: 3 Promising Stock Picks
The Asian and Pacific region is one of the global areas with the highest GDP growth followed by Africa. In accordance to the statistics of the International Monetary Fund, the region realized a real GDP growth of 7 percent, a value that is outperforming the world’s growth by 2.3 percent points and the growth of the Western Hemisphere by 4 percent. I screened stocks from the Asian and Pacific region with a dividend yield of more than 3 percent and a market capitalization above USD 300 million. 135 stocks remained of which 9 are high yields (a yield of more than five percent) and 24 stocks have a yield of more than 3 percent.
Here are my 3 most promising stocks from the screening results:
1. Cninsure (CISG) is an insurance broker. The company has a market capitalization of USD 639.5 million, generates revenues in an amount of USD 237.2... Read more