As global markets navigate through heightened geopolitical tensions and fluctuating oil prices, the Hong Kong market has shown resilience, with the Hang Seng Index climbing significantly. Amidst these dynamics, dividend stocks in Hong Kong present a compelling option for investors seeking steady income streams; a good stock in this context often combines robust financial health with consistent dividend payouts.
Top 10 Dividend Stocks In Hong Kong
Name | Dividend Yield | Dividend Rating |
Chongqing Rural Commercial Bank (SEHK:3618) | 8.03% | ★★★★★★ |
Consun Pharmaceutical Group (SEHK:1681) | 7.94% | ★★★★★☆ |
China Hongqiao Group (SEHK:1378) | 9.51% | ★★★★★☆ |
Bank of China (SEHK:3988) | 7.30% | ★★★★★☆ |
Playmates Toys (SEHK:869) | 8.96% | ★★★★★☆ |
Lion Rock Group (SEHK:1127) | 8.09% | ★★★★★☆ |
China Construction Bank (SEHK:939) | 7.56% | ★★★★★☆ |
PC Partner Group (SEHK:1263) | 8.99% | ★★★★★☆ |
Tianjin Development Holdings (SEHK:882) | 7.06% | ★★★★★☆ |
Sinopharm Group (SEHK:1099) | 4.66% | ★★★★★☆ |
Click here to see the full list of 93 stocks from our Top SEHK Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
China Shineway Pharmaceutical Group (SEHK:2877)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: China Shineway Pharmaceutical Group Limited is an investment holding company involved in the research, development, manufacture, and trade of Chinese medicines in the People's Republic of China and Hong Kong, with a market cap of HK$7.33 billion.
Operations: China Shineway Pharmaceutical Group Limited generates revenue primarily from its Chinese Pharmaceutical Products segment, totaling CN¥4.20 billion.
Dividend Yield: 5.9%
China Shineway Pharmaceutical Group offers a mixed picture for dividend investors. Despite a low payout ratio of 36.9%, indicating dividends are well-covered by earnings and cash flows, the company's dividend history has been volatile with periods of over 20% drops. Recent earnings growth, with net income rising to CNY 626.48 million, supports current dividends like the recent RMB 0.11 per share interim payment, but past volatility suggests caution for those seeking stable income streams.
- Click to explore a detailed breakdown of our findings in China Shineway Pharmaceutical Group's dividend report.
- Our expertly prepared valuation report China Shineway Pharmaceutical Group implies its share price may be lower than expected.
Playmates Toys (SEHK:869)
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Playmates Toys Limited is an investment holding company involved in the design, development, marketing, and distribution of toys and family entertainment products with a market cap of HK$790.60 million.
Operations: Playmates Toys Limited generates revenue primarily from its toys and family entertainment activity products segment, which amounts to HK$1.21 billion.
Dividend Yield: 9%
Playmates Toys provides a complex outlook for dividend investors. While its 8.96% yield ranks in the top quartile of Hong Kong's market, dividends have been historically volatile and unreliable. Recent earnings growth, with net income at HK$91.46 million, supports the interim dividend of HK$0.02 per share announced for September 2024. The company’s low payout ratios indicate dividends are well-covered by earnings and cash flows, yet past volatility necessitates careful consideration for stable income seekers.
- Click here and access our complete dividend analysis report to understand the dynamics of Playmates Toys.
- Our valuation report unveils the possibility Playmates Toys' shares may be trading at a discount.
Anhui Expressway (SEHK:995)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Anhui Expressway Company Limited constructs, operates, manages, and develops toll roads and associated service sections in Anhui province, China, with a market cap of HK$23.37 billion.
Operations: Anhui Expressway Company Limited generates revenue primarily from the construction, operation, management, and development of toll roads and related services in Anhui province, China.
Dividend Yield: 6.9%
Anhui Expressway's dividend yield of 6.86% is below the top tier in Hong Kong, and its dividends, though stable over the past decade, are not well-covered by cash flows due to a high cash payout ratio of 142.8%. Recent earnings results show sales growth to CNY 3.05 billion for H1 2024; however, net income decreased slightly to CNY 808.77 million. Despite a reasonable payout ratio of 61.1%, sustainability concerns persist due to insufficient free cash flow coverage.
- Take a closer look at Anhui Expressway's potential here in our dividend report.
- Upon reviewing our latest valuation report, Anhui Expressway's share price might be too optimistic.
Make It Happen
- Discover the full array of 93 Top SEHK Dividend Stocks right here.
- Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.
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Contemplating Other Strategies?
- Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
- Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
- Find companies with promising cash flow potential yet trading below their fair value.
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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About SEHK:2877
China Shineway Pharmaceutical Group
An investment holding company, engages in the research and development, manufacture, and trade of Chinese medicines in the People’s Republic of China and Hong Kong.
Undervalued with solid track record and pays a dividend.