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Amidst a backdrop of fluctuating global markets, the Hong Kong stock market has shown resilience, reflecting broader economic dynamics and investor sentiment. As investors navigate through these uncertain times, dividend stocks like JBM Healthcare continue to attract attention for their potential to offer steady returns in a volatile environment.
Top 10 Dividend Stocks In Hong Kong
Name | Dividend Yield | Dividend Rating |
China Construction Bank (SEHK:939) | 7.99% | ★★★★★☆ |
China Electronics Huada Technology (SEHK:85) | 9.91% | ★★★★★☆ |
Chongqing Rural Commercial Bank (SEHK:3618) | 7.99% | ★★★★★☆ |
China Overseas Grand Oceans Group (SEHK:81) | 9.87% | ★★★★★☆ |
S.A.S. Dragon Holdings (SEHK:1184) | 9.02% | ★★★★★☆ |
Bank of China (SEHK:3988) | 7.53% | ★★★★★☆ |
Zhejiang Expressway (SEHK:576) | 6.80% | ★★★★★☆ |
China Mobile (SEHK:941) | 6.58% | ★★★★★☆ |
Sinopharm Group (SEHK:1099) | 5.18% | ★★★★★☆ |
Tian An China Investments (SEHK:28) | 4.96% | ★★★★★☆ |
Click here to see the full list of 85 stocks from our Top SEHK Dividend Stocks screener.
Underneath we present a selection of stocks filtered out by our screen.
JBM (Healthcare)
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: JBM (Healthcare) Limited operates as an investment holding company that manufactures, markets, distributes, and sells branded healthcare and wellness products across Hong Kong, Macau, Mainland China, and internationally with a market capitalization of approximately HK$0.81 billion.
Operations: JBM (Healthcare) Limited generates HK$190.11 million from branded medicines, HK$72.19 million from health and wellness products, and HK$386.12 million from proprietary Chinese medicines.
Dividend Yield: 8.4%
JBM (Healthcare) Limited, trading at 47.5% below its estimated fair value, recently proposed a final dividend of HK$0.0405 per share for FY ending March 31, 2024. Despite a short dividend history of less than 10 years and an unstable track record, the company's dividends appear sustainable with a payout ratio of 50.8% and are well-covered by earnings and cash flows (cash payout ratio at 37.2%). Additionally, JBM reported significant growth with annual sales rising to HK$648.42 million and net income increasing to HK$130.46 million.
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Click here to discover the nuances of JBM (Healthcare) with our detailed analytical dividend report.
First Tractor
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: First Tractor Company Limited specializes in the research, development, and manufacturing of agricultural and power machinery, along with related spare parts globally, boasting a market capitalization of approximately HK$14.83 billion.