SEHK Dividend Stocks To Consider In October 2024

In This Article:

As global markets navigate through heightened geopolitical tensions and fluctuating oil prices, the Hong Kong market has shown resilience, with the Hang Seng Index climbing significantly. Amidst these dynamics, dividend stocks in Hong Kong present a compelling option for investors seeking steady income streams; a good stock in this context often combines robust financial health with consistent dividend payouts.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

Chongqing Rural Commercial Bank (SEHK:3618)

8.03%

★★★★★★

Consun Pharmaceutical Group (SEHK:1681)

7.94%

★★★★★☆

China Hongqiao Group (SEHK:1378)

9.51%

★★★★★☆

Bank of China (SEHK:3988)

7.30%

★★★★★☆

Playmates Toys (SEHK:869)

8.96%

★★★★★☆

Lion Rock Group (SEHK:1127)

8.09%

★★★★★☆

China Construction Bank (SEHK:939)

7.56%

★★★★★☆

PC Partner Group (SEHK:1263)

8.99%

★★★★★☆

Tianjin Development Holdings (SEHK:882)

7.06%

★★★★★☆

Sinopharm Group (SEHK:1099)

4.66%

★★★★★☆

Click here to see the full list of 93 stocks from our Top SEHK Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

China Shineway Pharmaceutical Group

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: China Shineway Pharmaceutical Group Limited is an investment holding company involved in the research, development, manufacture, and trade of Chinese medicines in the People's Republic of China and Hong Kong, with a market cap of HK$7.33 billion.

Operations: China Shineway Pharmaceutical Group Limited generates revenue primarily from its Chinese Pharmaceutical Products segment, totaling CN¥4.20 billion.

Dividend Yield: 5.9%

China Shineway Pharmaceutical Group offers a mixed picture for dividend investors. Despite a low payout ratio of 36.9%, indicating dividends are well-covered by earnings and cash flows, the company's dividend history has been volatile with periods of over 20% drops. Recent earnings growth, with net income rising to CNY 626.48 million, supports current dividends like the recent RMB 0.11 per share interim payment, but past volatility suggests caution for those seeking stable income streams.

SEHK:2877 Dividend History as at Oct 2024
SEHK:2877 Dividend History as at Oct 2024

Playmates Toys

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Playmates Toys Limited is an investment holding company involved in the design, development, marketing, and distribution of toys and family entertainment products with a market cap of HK$790.60 million.