Top SEHK Dividend Stocks Including Lion Rock Group
In This Article:
Amid a backdrop of global economic uncertainty and fluctuating market conditions, the Hong Kong market has shown resilience, with investors keenly eyeing stable dividend-paying stocks. In this article, we will explore three top dividend stocks listed on the SEHK, including Lion Rock Group, highlighting their potential to provide consistent returns in these volatile times.
Top 10 Dividend Stocks In Hong Kong
| Name | Dividend Yield | Dividend Rating |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.35% | ★★★★★☆ |
| Bank of China (SEHK:3988) | 7.67% | ★★★★★☆ |
| Chow Tai Fook Jewellery Group (SEHK:1929) | 8.99% | ★★★★★☆ |
| China Construction Bank (SEHK:939) | 8.08% | ★★★★★☆ |
| Sinopharm Group (SEHK:1099) | 5.68% | ★★★★★☆ |
| S.A.S. Dragon Holdings (SEHK:1184) | 10.00% | ★★★★★☆ |
| PC Partner Group (SEHK:1263) | 9.46% | ★★★★★☆ |
| Zhongsheng Group Holdings (SEHK:881) | 8.61% | ★★★★★☆ |
| China Resources Land (SEHK:1109) | 7.55% | ★★★★★☆ |
| Tian An China Investments (SEHK:28) | 5.24% | ★★★★★☆ |
Click here to see the full list of 75 stocks from our Top SEHK Dividend Stocks screener.
We'll examine a selection from our screener results.
Lion Rock Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Lion Rock Group Limited (SEHK:1127) is an investment holding company that offers printing services to international book publishers and print media companies, with a market cap of HK$1.10 billion.
Operations: Lion Rock Group Limited's revenue segments include HK$1.84 billion from printing services and HK$931.82 million from publishing.
Dividend Yield: 7.7%
Lion Rock Group's dividend payments are well covered by earnings (payout ratio: 42.5%) and cash flows (cash payout ratio: 38.7%). Although the company's dividends have been volatile over the past decade, they have shown growth. Recently, Lion Rock announced a special dividend of HK$0.015 per share and an interim dividend of HK$0.03 per share for H1 2024, reflecting its solid financial performance with net income rising to HK$79.1 million from HK$71.16 million year-over-year.
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Navigate through the intricacies of Lion Rock Group with our comprehensive dividend report here.
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Our valuation report unveils the possibility Lion Rock Group's shares may be trading at a discount.
Tong Ren Tang Technologies
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Tong Ren Tang Technologies Co. Ltd. manufactures and sells Chinese medicine products in Mainland China and internationally, with a market cap of HK$6.33 billion.
Operations: Tong Ren Tang Technologies Co. Ltd.'s revenue segments include The Company with CN￥4.29 billion and Tong Ren Tang Chinese Medicine with CN￥1.26 billion.
Dividend Yield: 4%
Tong Ren Tang Technologies' dividend yield of 4.01% is below the top tier in Hong Kong but has been stable and growing over the past decade. Despite a low payout ratio of 35.8%, dividends are not covered by free cash flows, raising sustainability concerns. Recent earnings showed net income growth to CNY 428.75 million from CNY 368.15 million year-over-year, and an interim dividend payment was approved, reflecting continued profitability despite cash flow issues.