- Investing Ideas
- /
- Top Dividend Stocks
Top Hong Kong (HSI) Dividend Stocks
UPDATED Jun 28, 2022
What are the best Hong Kong (HSI) Dividend Stocks?
According to our Simply Wall St analysis these are the best Hong Kong dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.
Our criteria to find Top Dividend Companies
High Yield
- Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
- Yields vary between markets, so we focus on the top dividend payers in each market.
What do we look for?
- Is the yield in the top 25% of the market's dividend payers.
Consistent Dividends
- Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
- If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.
What do we look for?
- Has the dividend been stable over the last 10 years.
- Has the dividend grown over the last 10 years.
Dividend Cover
- Ideally the company doesn't pay out all of its earnings, neglecting future growth.
- If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.
What do we look for?
- Are dividends covered by earnings.
- Are dividends forecast to be covered by earnings in the future.
Healthy Balance Sheet
- Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.
What do we look for?
- Does the company have a manageable level of debt.
- Is the company able to cover its interest repayments.
10 companies meet this criteria in the Hong Kong market
China Medical System Holdings Limited, an investment holding company, manufactures, sells, markets, and promotes pharmaceutical products in the People’s Republic of China.
Dividend Criteria
Stable Dividend
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: 867's dividend (4.61%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.78%).
Rewards
Trading at 66.6% below our estimate of its fair value
Earnings are forecast to grow 8.01% per year
Earnings grew by 19.2% over the past year
Risks
No risks detected for 867 from our risks checks.
Excellence Commercial Property & Facilities Management Group Limited provides commercial property management services in China.
Dividend Criteria
Earnings Coverage
High Dividend: 6989's dividend (8.54%) is in the top 25% of dividend payers in the Hong Kong market (7.78%)
Notable Dividend
Future Dividend Coverage
Growing Dividend
Stable Dividend
Rewards
Trading at 90.9% below our estimate of its fair value
Earnings are forecast to grow 28.6% per year
Earnings grew by 57% over the past year
Risks
No risks detected for 6989 from our risks checks.
Best Pacific International Holdings Limited, together with its subsidiaries, manufactures, trades in, and sells lingerie materials.
Dividend Criteria
Earnings Coverage
Future Dividend Coverage
High Dividend: 2111's dividend (12.62%) is in the top 25% of dividend payers in the Hong Kong market (7.78%)
Notable Dividend
Growing Dividend
Stable Dividend
Rewards
Trading at 25.8% below our estimate of its fair value
Earnings are forecast to grow 17.91% per year
Earnings grew by 55.9% over the past year
Risks
No risks detected for 2111 from our risks checks.
JNBY Design Limited, together with its subsidiaries, engages in the design, marketing, retail, and sale of fashion apparels, accessory products, and household goods in Mainland China, Hong Kong, Taiwan, and internationally.
Dividend Criteria
Earnings Coverage
Future Dividend Coverage
High Dividend: 3306's dividend (11.23%) is in the top 25% of dividend payers in the Hong Kong market (7.78%)
Notable Dividend
Growing Dividend
Stable Dividend
Rewards
Trading at 66.3% below our estimate of its fair value
Earnings are forecast to grow 13.53% per year
Earnings grew by 65% over the past year
Risks
No risks detected for 3306 from our risks checks.
Essex Bio-Technology Limited, an investment holding company, develops, manufactures, distributes, and sells biopharmaceutical products in the People’s Republic of China and internationally.
Dividend Criteria
Earnings Coverage
Growing Dividend
Notable Dividend
High Dividend: 1061's dividend (2.76%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.78%).
Future Dividend Coverage
Stable Dividend
Rewards
Price-To-Earnings ratio (6.6x) is below the Hong Kong market (9.3x)
Earnings are forecast to grow 21.07% per year
Earnings grew by 58% over the past year
Risks
No risks detected for 1061 from our risks checks.
China Lilang Limited, together with its subsidiaries, engages in the manufacture and sale of branded menswear and related accessories in the People’s Republic of China.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: 1234's dividend (8.29%) is in the top 25% of dividend payers in the Hong Kong market (7.78%)
Notable Dividend
Stable Dividend
Rewards
Trading at 74.5% below our estimate of its fair value
Earnings are forecast to grow 19.51% per year
Risks
Profit margins (13.9%) are lower than last year (20.8%)
Sihuan Pharmaceutical Holdings Group Ltd., an investment holding company, engages in the research and development, manufacture, marketing, and sale of pharmaceutical products in the People’s Republic of China.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
High Dividend: 460's dividend (9.74%) is in the top 25% of dividend payers in the Hong Kong market (7.78%)
Notable Dividend
Stable Dividend
Rewards
Trading at 28% below our estimate of its fair value
Earnings are forecast to grow 36.66% per year
Risks
Significant insider selling over the past 3 months
Profit margins (12.7%) are lower than last year (20.6%)
Bosideng International Holdings Limited researches, designs, develops, manufactures, markets, and distributes branded down apparel products, original equipment manufacturing (OEM) products, and non-down apparel products.
Dividend Criteria
Earnings Coverage
Growing Dividend
Future Dividend Coverage
Notable Dividend
High Dividend: 3998's dividend (3.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.78%).
Stable Dividend
Rewards
Trading at 27.4% below our estimate of its fair value
Earnings are forecast to grow 17.19% per year
Earnings have grown 31% per year over the past 5 years
Risks
No risks detected for 3998 from our risks checks.