For three consecutive years, the dividend yield is over 3%+ ROE is over 15%, with 36 high-quality stocks making the list.

Companies with long-term high dividend yields and strong profitability are worth investigating. According to data from Data Bao, among 5 stocks rated by institutions, 36 stocks have a dividend yield above 3% and a non-net asset return rate above 15% for the years 2023 to 2025. Specifically, Guoguang stock ranks first with a dividend yield of about 10.88% and an ROE of 15.73%; Zhou Dashen and Gree Electric have dividend yields of about 7.69% and 8.05% respectively, with ROEs both above 16%. This indicates that these companies not only have high current returns, but also high asset efficiency. In terms of industry attributes, companies that meet the criteria are mainly concentrated in mature industries such as household appliances, food and beverages, retail and fine chemicals. For example, liquor companies like Luzhou Laojiao and Shanxi Fenjiu, as well as household appliance leaders like Haier Smart Home and Midea Group are among them. These industries usually have ample cash flow, relatively stable capital expenditures, and the foundation for long-term high dividends. Despite outstanding fundamental indicators, individual stock market performance has shown significant differences recently. The average decline of the 36 individual stocks is over 14% for the year, performing far worse than major indices. Only stocks like Action Education, China Resources JZ, and Shaanxi Coal Industry have achieved positive price returns.