In This Article:
Dividend-paying stocks often attract investors looking for a reliable source of income. However, the stability of these dividends is crucial, as fluctuations can indicate underlying financial issues. CSC Financial serves as a cautionary example, with its history of inconsistent dividend payments suggesting potential risks that could outweigh the benefits of its yield.
Top 10 Dividend Stocks In Hong Kong
| Name | Dividend Yield | Dividend Rating |
| CITIC Telecom International Holdings (SEHK:1883) | 9.62% | ★★★★★★ |
| China Construction Bank (SEHK:939) | 7.34% | ★★★★★☆ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 7.83% | ★★★★★☆ |
| S.A.S. Dragon Holdings (SEHK:1184) | 8.86% | ★★★★★☆ |
| China Electronics Huada Technology (SEHK:85) | 8.33% | ★★★★★☆ |
| Bank of China (SEHK:3988) | 6.58% | ★★★★★☆ |
| China Mobile (SEHK:941) | 6.17% | ★★★★★☆ |
| Sinopharm Group (SEHK:1099) | 4.23% | ★★★★★☆ |
| International Housewares Retail (SEHK:1373) | 9.11% | ★★★★★☆ |
| China Overseas Grand Oceans Group (SEHK:81) | 8.05% | ★★★★★☆ |
Click here to see the full list of 88 stocks from our Top Dividend Stocks screener.
Here's a peek at one of the choices from the screener and one that may be safer to dodge.
Top Pick
Chongqing Rural Commercial Bank
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Chongqing Rural Commercial Bank Co., Ltd. provides banking services in the People's Republic of China and has a market capitalization of approximately HK$59.00 billion.
Operations: The bank's revenue is derived from various banking services provided across China.
Dividend Yield: 7.8%
Chongqing Rural Commercial Bank offers a stable and attractive dividend yield of 7.83%, slightly below the top-tier Hong Kong market dividends but still competitive. With a low payout ratio of 32.1%, its dividends are well-covered by earnings, ensuring reliability over the past decade without reductions. Recent increases in dividend payouts, such as the RMB 3.28 billion declared in May 2024, highlight its commitment to shareholder returns despite modest recent dips in quarterly earnings.
One To Reconsider
CSC Financial
Simply Wall St Dividend Rating: ★★☆☆☆☆
Overview: CSC Financial Co., Ltd. operates globally, offering investment banking services through its subsidiaries, with a market capitalization of approximately HK$140 billion.
Operations: The firm generates revenue primarily from investment banking services, both domestically and internationally.