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As global markets navigate through mixed economic signals, Hong Kong's market shows resilience, marked by a modest uptick in the Hang Seng Index and robust retail sales growth. In such an environment, dividend stocks in Hong Kong could offer investors a blend of stability and potential income amid prevailing uncertainties.
Top 10 Dividend Stocks In Hong Kong
Name | Dividend Yield | Dividend Rating |
Chongqing Rural Commercial Bank (SEHK:3618) | 8.38% | ★★★★★★ |
CITIC Telecom International Holdings (SEHK:1883) | 9.88% | ★★★★★★ |
China Construction Bank (SEHK:939) | 7.44% | ★★★★★☆ |
S.A.S. Dragon Holdings (SEHK:1184) | 8.84% | ★★★★★☆ |
China Electronics Huada Technology (SEHK:85) | 8.40% | ★★★★★☆ |
Playmates Toys (SEHK:869) | 9.09% | ★★★★★☆ |
Bank of China (SEHK:3988) | 6.62% | ★★★★★☆ |
China Mobile (SEHK:941) | 6.46% | ★★★★★☆ |
Sinopharm Group (SEHK:1099) | 4.10% | ★★★★★☆ |
International Housewares Retail (SEHK:1373) | 8.75% | ★★★★★☆ |
Click here to see the full list of 92 stocks from our Top Dividend Stocks screener.
Here's a peek at a few of the choices from the screener.
Sinopharm Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Sinopharm Group Co. Ltd. operates primarily in the wholesale and retail of pharmaceuticals, medical devices, and healthcare products across the People's Republic of China, with a market capitalization of approximately HK$68.34 billion.
Operations: Sinopharm Group Co. Ltd. generates its revenue primarily from the sale of pharmaceuticals, medical devices, and healthcare products throughout China.
Dividend Yield: 4.1%
Sinopharm Group, a notable player in the Hong Kong dividend stock arena, declared a final dividend of RMB 0.87 per share for FY 2023, with payment due on 13 August 2024. Despite a slight dip in Q1 2024 net income to CNY 1.42 billion from CNY 1.59 billion year-over-year, the company maintains robust annual sales growth and a stable dividend history over the past decade. The dividends are well-covered by earnings and cash flows, with payout ratios of approximately 30.6% and cash payout ratios around 31.8%, respectively, signaling sustainable payouts despite competitive pressures and market volatility.
Stella International Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Stella International Holdings Limited is an investment holding company that specializes in the development, manufacture, and sale of footwear products and leather goods across North America, Europe, Asia, and other international markets, with a market capitalization of approximately HK$11.44 billion.