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Dividend-paying stocks are often sought after for their potential to provide a steady stream of income. However, the attractiveness of these investments can be significantly undermined when companies, like China Education Group Holdings, display unstable dividend patterns. Such instability can signal underlying financial difficulties or a lack of commitment to shareholder returns, making it crucial for investors to scrutinize the stability and sustainability of dividends before committing their capital.
Top 10 Dividend Stocks In Hong Kong
| Name | Dividend Yield | Dividend Rating |
| CITIC Telecom International Holdings (SEHK:1883) | 9.48% | ★★★★★★ |
| China Construction Bank (SEHK:939) | 7.41% | ★★★★★☆ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 7.77% | ★★★★★☆ |
| S.A.S. Dragon Holdings (SEHK:1184) | 8.86% | ★★★★★☆ |
| China Electronics Huada Technology (SEHK:85) | 8.14% | ★★★★★☆ |
| International Housewares Retail (SEHK:1373) | 9.03% | ★★★★★☆ |
| Bank of China (SEHK:3988) | 6.63% | ★★★★★☆ |
| China Mobile (SEHK:941) | 6.10% | ★★★★★☆ |
| Sinopharm Group (SEHK:1099) | 4.24% | ★★★★★☆ |
| China Overseas Grand Oceans Group (SEHK:81) | 7.84% | ★★★★★☆ |
Click here to see the full list of 89 stocks from our Top Dividend Stocks screener.
We're going to check out one of the best picks from our screener tool and one that could be a dividend trap.
Top Pick
Anhui Expressway
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Anhui Expressway Company Limited engages in the construction, operation, management, and development of toll roads and associated service areas in Anhui Province, China, with a market capitalization of approximately HK$22.52 billion.
Operations: The company generates its revenue primarily from the construction and management of toll roads in Anhui Province.
Dividend Yield: 6.6%
Anhui Expressway's dividend reliability shines compared to some peers, marked by a decade of stable dividends and a reasonable 60% payout ratio, ensuring payouts are well-covered by earnings. Recent adjustments in the company's bridge maintenance contracts, increasing the annual cap to RMB 53.64 billion for 2024, reflect operational flexibility and financial planning acumen. However, its dividend yield of 6.59% trails behind Hong Kong's top dividend payers, indicating potential room for improvement in shareholder returns.
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Dive into the specifics of Anhui Expressway here with our thorough dividend report.
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Upon reviewing our latest valuation report, Anhui Expressway's share price might be too optimistic.
One To Reconsider
China Education Group Holdings
Simply Wall St Dividend Rating: ★★☆☆☆☆
Overview: China Education Group Holdings Limited operates private higher and secondary vocational education institutions in China, Australia, and the United Kingdom, with a market capitalization of HK$11.39 billion.