3 SEHK Dividend Stocks To Consider With Yields From 4% To 8.7%

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As global markets continue to navigate economic uncertainties, the Hong Kong market has shown resilience, with the Hang Seng Index experiencing only a modest decline of 0.43% amidst broader concerns about inflation and economic growth in China. In this context, dividend stocks can offer a stable income stream and potential for capital appreciation. In today's volatile market environment, selecting dividend stocks with strong fundamentals and attractive yields can provide investors with both income stability and long-term growth potential.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

Chongqing Rural Commercial Bank (SEHK:3618)

8.63%

★★★★★★

Consun Pharmaceutical Group (SEHK:1681)

9.95%

★★★★★☆

Luk Fook Holdings (International) (SEHK:590)

9.51%

★★★★★☆

Lenovo Group (SEHK:992)

4.04%

★★★★★☆

Chow Tai Fook Jewellery Group (SEHK:1929)

8.74%

★★★★★☆

China Construction Bank (SEHK:939)

7.82%

★★★★★☆

Bank of China (SEHK:3988)

7.56%

★★★★★☆

Sinopharm Group (SEHK:1099)

5.58%

★★★★★☆

Zhongsheng Group Holdings (SEHK:881)

8.96%

★★★★★☆

PC Partner Group (SEHK:1263)

9.80%

★★★★★☆

Click here to see the full list of 76 stocks from our Top SEHK Dividend Stocks screener.

Let's explore several standout options from the results in the screener.

China Resources Land

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

Overview: China Resources Land Limited, with a market cap of HK$148.32 billion, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Operations: China Resources Land Limited generates revenue from several segments, including CN¥216.89 billion from its development property business, CN¥23.92 billion from its investment property business, CN¥15.66 billion from its eco-system elementary business, and CN¥14.74 billion from its asset-light management business.

Dividend Yield: 7.6%

China Resources Land offers a stable dividend history over the past decade, with recent interim dividends of RMB 0.2 per share for H1 2024. Despite a lower-than-top-tier yield of 7.64%, dividends are well-covered by earnings (payout ratio: 36.9%) and cash flows (cash payout ratio: 22.3%). However, the company's debt isn't well covered by operating cash flow, which could be a concern for long-term sustainability.

SEHK:1109 Dividend History as at Sep 2024

Chow Tai Fook Jewellery Group

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

Overview: Chow Tai Fook Jewellery Group Limited, an investment holding company with a market cap of HK$62.82 billion, manufactures and sells jewelry products in Mainland China, Hong Kong, Macau, and internationally.