Stock Analysis

Chinese Dividend Stocks To Boost Your Portfolio

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As Chinese equities show mixed performance amid weak manufacturing data and concerns over domestic demand, investors are increasingly looking for stable opportunities in the market. In such an environment, dividend stocks can provide a reliable income stream and potential for long-term growth.

Top 10 Dividend Stocks In China

NameDividend YieldDividend Rating
Midea Group (SZSE:000333)4.87%★★★★★★
Changhong Meiling (SZSE:000521)3.67%★★★★★★
Wuliangye YibinLtd (SZSE:000858)3.71%★★★★★★
Ping An Bank (SZSE:000001)7.15%★★★★★★
Inner Mongolia Yili Industrial Group (SHSE:600887)4.93%★★★★★★
China South Publishing & Media Group (SHSE:601098)4.63%★★★★★★
Huangshan NovelLtd (SZSE:002014)6.06%★★★★★★
HUAYU Automotive Systems (SHSE:600741)4.95%★★★★★★
Chacha Food Company (SZSE:002557)3.82%★★★★★★
Zhejiang Jiaxin SilkLtd (SZSE:002404)5.64%★★★★★★

Click here to see the full list of 272 stocks from our Top Chinese Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Tibet Rhodiola Pharmaceutical Holding (SHSE:600211)

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

Overview: Tibet Rhodiola Pharmaceutical Holding Co. is a company engaged in the production and sale of pharmaceutical products, with a market cap of CN¥10.79 billion.

Operations: Tibet Rhodiola Pharmaceutical Holding Co. generates its revenue primarily from the sale of pharmaceutical products.

Dividend Yield: 3.4%

Tibet Rhodiola Pharmaceutical Holding's dividend payments have been volatile over the past decade, making them less reliable for consistent income. However, the dividends are well-covered by both earnings (Payout Ratio: 59.3%) and cash flows (Cash Payout Ratio: 33.3%), indicating sustainability despite their instability. The company's dividend yield of 3.39% places it in the top quartile of Chinese dividend payers, offering a potentially attractive return for investors seeking income in this market segment.

SHSE:600211 Dividend History as at Aug 2024

Beijing SDL TechnologyLtd (SZSE:002658)

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

Overview: Beijing SDL Technology Co., Ltd. develops and sells environmental monitoring products in China, with a market cap of CN¥3.45 billion.

Operations: Beijing SDL Technology Co., Ltd. generates revenue primarily from the development and sale of environmental monitoring products in China.

Dividend Yield: 5.4%

Beijing SDL Technology Ltd.'s dividend yield of 5.43% ranks in the top 25% of Chinese dividend payers, but its high payout ratio (110.1%) raises concerns about sustainability. Recent buybacks totaling CNY 60.53 million suggest management's confidence in the company's value, though dividends have been volatile over the past decade and not consistently covered by earnings or cash flows. The recent decrease to CNY 3 per 10 shares further highlights potential instability for income-focused investors.

SZSE:002658 Dividend History as at Aug 2024

New Trend International Logis-TechLtd (SZSE:300532)

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

Overview: New Trend International Logis-Tech Ltd (ticker: SZSE:300532) is engaged in logistics technology solutions and has a market cap of CN¥3.83 billion.

Operations: New Trend International Logis-Tech Ltd (ticker: SZSE:300532) generates revenue from logistics technology solutions.

Dividend Yield: 4.9%

New Trend International Logis-Tech Ltd.'s dividend yield of 4.86% places it among the top 25% of Chinese dividend payers, supported by a low payout ratio (46.9%) and reasonable cash payout ratio (60.9%). However, its dividend history has been unstable and volatile over the past seven years, raising concerns about reliability. The company's price-to-earnings ratio (9.7x) is favorable compared to the broader CN market (28x), indicating potential value for investors despite its inconsistent dividend track record.

SZSE:300532 Dividend History as at Aug 2024

Summing It All Up

  • Get an in-depth perspective on all 272 Top Chinese Dividend Stocks by using our screener here.
  • Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
  • Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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