5 Basic Materials Companies Paying High Dividends

If you’re in the market for dividend-paying stocks, here is some information on the five companies in the Basic Materials sector with the highest dividend yields.  Three of these companies are microcap stocks and, as such, rather illiquid.

  1. Keyuan Petrochemicals, Inc. (NASDAQ:KEYP): The company pays a dividend of $0.36 per share, for a dividend yield of 7.4%.  Its stock has traded in a 52-week range of $3.15 to $5.75, and most recently traded at $4.88 per share.  Its market capitalization is $280.98 million.  About the company: Keyuan Petrochemicals, Inc. manufactures and supplies petrochemical products in China.  The Company produces a variety of petrochemical products, including BTX aromatics, propylene, styrene, liquid petroleum gas, MTBE and other petrochemicals.
  2. Deswell Industries, Inc. (NASDAQ:DSWL):  The company pays a dividend of $0.20 per share, for a dividend yield of 6.4%.  Its stock has traded in a 52-week range of $2.91 to $5.15, most recently trading at $3.11 per share.  Its market capitalization is $50 million.  About the company: Deswell Industries, Inc. manufactures injection-molded plastic parts and components, electronic products and subassemblies, and metallic products for original equipment manufacturers and contract manufacturers.  The Company’s products are used in the manufacture of consumer and industrial products, printed circuit board assemblies, and finished products such as telephones.
  3. Terra Nitrogen Company LP (NYSE:TNH):  The company pays a dividend o $5.44 per share, for a dividend yield of 5%.  Its shares have traded in a 52-week range of $66.38 to $126.27.  Its market capitalization is $2.2 billion.  About the company: Terra Nitrogen Company, LP, through its subsidiaries, markets and produces nitrogen, fertilizer, crop protection products, and seed and services for agricultural, turf, ornamental, and other growers.  The Company also produces nitrogen products and methanol for industrial customers.
  4. Highway Holdings Ltd (NASDAQ:HIHO): The company pays a dividend of $0.08, for a dividend yield of 2.7%.  Its market capitalization is $11.1 million.  About the company: Highway Holdings Limited manufactures metal parts and components for original equipment manufacturers.  The Company also contracts manufactures clocks and clock movement pieces for unaffiliated clock companies and also for sale under the company’s own Kienzle Uhren brand name.  In addition, Highway Holdings also manufactures finished products, including single-use and 35 mm cameras.
  5. Southern Copper Corporation (NYSE:SCCO):  The company pays a dividend of $2.24 per share, for a dividend yield of 6.2%.  Its stock has traded in a 52-week range of $25.56 to $50.35 and most recently traded at $35.49 per share.  Its market capitalization is $30 billion.  About the company: Southern Copper Corporation conducts mining operations in Peru and Mexico.  The Company owns and operates open pit mines and metallurgical complexes that produce copper, molybdenum, zinc, and previous metals.

Note: Financial data is taken from Yahoo! Finance.  Selected other data is taken from Google Finance and publicly available SEC filings.  All data are assumed to be accurate.

Don’t Miss: Wall St. Cheat Sheet’s newest Feature Trades of the Month!