Yesterday I saw @0xAllen's dividend stock trading strategy. I looked into it, and it seems this one might be even better, so I can add it in 😄

🥇 China Shenhua (601088) — Perfect for you
Dividend yield 7.1%, the ceiling for dividend-paying stocks in A-shares
Moat: The world's largest coal listed company, with a complete industry chain of coal mines + railways + ports + power plants, covering upstream and downstream
Dividend characteristics: Special dividends starting in 2023 + regular dividends, with a payout ratio exceeding 80%, basically distributing all profits
Risks: Coal is a traditional energy source, with a decline expected over a 10-20 year horizon, but cash flow is secure within 5-8 years
Portfolio role: Super cash cow, forming a "dual core" of energy income together with China Yangtze Power
Suggested position: 15-20% of the A-share portfolio