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The Hong Kong market has shown mixed performance recently, reflecting broader global economic uncertainties and investor sentiment. Amid this backdrop, dividend stocks remain an attractive option for investors seeking steady income and potential long-term growth. In this article, we will explore three standout dividend stocks listed on the Stock Exchange of Hong Kong (SEHK), including Pacific Basin Shipping and two other top picks.
Top 10 Dividend Stocks In Hong Kong
| Name | Dividend Yield | Dividend Rating |
| Lenovo Group (SEHK:992) | 3.91% | ★★★★★☆ |
| Luk Fook Holdings (International) (SEHK:590) | 9.01% | ★★★★★☆ |
| China Construction Bank (SEHK:939) | 8.08% | ★★★★★☆ |
| Chow Tai Fook Jewellery Group (SEHK:1929) | 8.21% | ★★★★★☆ |
| China Electronics Huada Technology (SEHK:85) | 9.55% | ★★★★★☆ |
| S.A.S. Dragon Holdings (SEHK:1184) | 9.28% | ★★★★★☆ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 7.62% | ★★★★★☆ |
| Bank of China (SEHK:3988) | 7.51% | ★★★★★☆ |
| China Mobile (SEHK:941) | 6.55% | ★★★★★☆ |
| Sinopharm Group (SEHK:1099) | 5.11% | ★★★★★☆ |
Click here to see the full list of 89 stocks from our Top SEHK Dividend Stocks screener.
We'll examine a selection from our screener results.
Pacific Basin Shipping
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Pacific Basin Shipping Limited, with a market cap of HK$12.37 billion, is an investment holding company that provides dry bulk shipping services globally.
Operations: Pacific Basin Shipping Limited generates revenue primarily from its dry bulk shipping services, amounting to $2.30 billion.
Dividend Yield: 5.1%
Pacific Basin Shipping's dividend payments have been unstable over the past decade, with notable volatility and occasional drops. Despite this, dividends are currently covered by earnings (47.6% payout ratio) and cash flows (79.8% cash payout ratio). The company has initiated a share repurchase program worth HK$312 million to enhance net asset value per share and earnings per share, potentially benefiting shareholders. However, its 5.11% dividend yield remains lower than Hong Kong's top 25%.
SINOPEC Engineering (Group)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: SINOPEC Engineering (Group) Co., Ltd. (SEHK:2386) offers engineering, procurement, and construction (EPC) contracting services in China and internationally, with a market cap of HK$23.11 billion.
Operations: SINOPEC Engineering (Group) Co., Ltd. generates revenue from various segments including Construction (CN¥25.28 billion), EPC Contracting (CN¥31.99 billion), Equipment Manufacturing (CN¥731.15 million), and Engineering, Consulting, and Licensing (CN¥3.82 billion).