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As global markets navigate through varying economic signals, the Hong Kong market has shown resilience, with the Hang Seng Index recently gaining 3.11%. This backdrop sets a compelling stage for investors considering high-yield dividend stocks in this region. In light of current market conditions, a good dividend stock typically offers not just attractive yields but also stability and strong fundamentals to withstand economic fluctuations.
Top 10 Dividend Stocks In Hong Kong
Name | Dividend Yield | Dividend Rating |
Chongqing Rural Commercial Bank (SEHK:3618) | 8.02% | ★★★★★★ |
CITIC Telecom International Holdings (SEHK:1883) | 8.94% | ★★★★★★ |
Consun Pharmaceutical Group (SEHK:1681) | 8.73% | ★★★★★☆ |
China Construction Bank (SEHK:939) | 7.32% | ★★★★★☆ |
S.A.S. Dragon Holdings (SEHK:1184) | 8.86% | ★★★★★☆ |
China Electronics Huada Technology (SEHK:85) | 7.72% | ★★★★★☆ |
Playmates Toys (SEHK:869) | 8.96% | ★★★★★☆ |
China Mobile (SEHK:941) | 6.50% | ★★★★★☆ |
Bank of China (SEHK:3988) | 6.44% | ★★★★★☆ |
Sinopharm Group (SEHK:1099) | 4.11% | ★★★★★☆ |
Click here to see the full list of 87 stocks from our Top Dividend Stocks screener.
We're going to check out a few of the best picks from our screener tool.
China Coal Energy
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: China Coal Energy Company Limited operates mainly in coal production and trading, as well as coal chemical sectors both domestically within the People’s Republic of China and internationally, with a market capitalization of approximately HK$160.84 billion.
Operations: China Coal Energy Company Limited generates revenue primarily from coal production and trading, as well as coal chemical operations.
Dividend Yield: 5.3%
China Coal Energy, a significant player in the energy sector, reported a decline in both sales and production volumes of key products like commercial coal and methanol for April 2024 compared to the previous year. Despite this downturn, the company maintains a stable dividend, recently declaring RMB 0.442 per share for year-end 2023. Financially, Q1 2024 saw reduced earnings with net income dropping to CNY 4,969.52 million from CNY 7,155.27 million year-over-year. This performance raises concerns about sustainability but is somewhat mitigated by a conservative payout ratio of around 33%, suggesting that current dividends are well supported by earnings and cash flow.
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Navigate through the intricacies of China Coal Energy with our comprehensive dividend report here.
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Our valuation report here indicates China Coal Energy may be undervalued.
E-Star Commercial Management
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: E-Star Commercial Management Company Limited, operating in the People's Republic of China, offers commercial property operational services to owners and tenants, with a market capitalization of approximately HK$1.53 billion.