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Amidst a backdrop of fluctuating global markets, Hong Kong's Hang Seng Index has shown resilience, recently marking a 2.77% increase. This positive movement highlights the region's adaptability in challenging economic climates and sets an interesting stage for investors looking at high-yield dividend stocks on the SEHK. In such an environment, selecting stocks that offer robust dividends can be particularly appealing as they may provide potential income stability amidst market volatility.
Top 10 Dividend Stocks In Hong Kong
Name | Dividend Yield | Dividend Rating |
CITIC Telecom International Holdings (SEHK:1883) | 9.37% | ★★★★★★ |
China Construction Bank (SEHK:939) | 7.85% | ★★★★★☆ |
S.A.S. Dragon Holdings (SEHK:1184) | 9.31% | ★★★★★☆ |
China Electronics Huada Technology (SEHK:85) | 8.82% | ★★★★★☆ |
Chongqing Rural Commercial Bank (SEHK:3618) | 7.65% | ★★★★★☆ |
International Housewares Retail (SEHK:1373) | 9.18% | ★★★★★☆ |
China Overseas Grand Oceans Group (SEHK:81) | 8.38% | ★★★★★☆ |
Bank of China (SEHK:3988) | 7.30% | ★★★★★☆ |
China Mobile (SEHK:941) | 6.22% | ★★★★★☆ |
Sinopharm Group (SEHK:1099) | 4.95% | ★★★★★☆ |
Click here to see the full list of 93 stocks from our Top SEHK Dividend Stocks screener.
Let's review some notable picks from our screened stocks.
Lion Rock Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Lion Rock Group Limited, an investment holding company, offers printing services to a range of clients including international book publishers and print media companies, with a market cap of approximately HK$1.13 billion.
Operations: Lion Rock Group Limited generates revenue primarily through its printing and publishing segments, with HK$1.77 billion from printing services and HK$0.95 billion from publishing activities.
Dividend Yield: 7.5%
Lion Rock Group declared an 8 HK cents per share final dividend for 2023, reflecting a modest yield of 7.48% in the Hong Kong market. Despite trading at a significant discount to its estimated fair value, the company's dividends are not top-tier and have shown volatility over the past decade. However, both earnings and cash flows provide good coverage with payout ratios of 44.1% and 31.2%, respectively, supporting the sustainability of future payouts despite past inconsistencies in dividend reliability.
Ever Sunshine Services Group
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Ever Sunshine Services Group Limited, operating in the People's Republic of China, is an investment holding company specializing in property management services with a market capitalization of approximately HK$2.82 billion.