Top Hong Kong Dividend Stocks For June 2024

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As of June 2024, the Hong Kong market is navigating a complex global economic landscape, with recent data indicating some pressures in major economies around the world. In this context, dividend stocks remain a focus for investors seeking potentially steadier returns amid fluctuating markets.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

Chongqing Rural Commercial Bank (SEHK:3618)

8.79%

★★★★★★

CITIC Telecom International Holdings (SEHK:1883)

9.88%

★★★★★★

China Construction Bank (SEHK:939)

7.67%

★★★★★☆

Playmates Toys (SEHK:869)

9.09%

★★★★★☆

S.A.S. Dragon Holdings (SEHK:1184)

8.58%

★★★★★☆

Bank of China (SEHK:3988)

6.69%

★★★★★☆

China Mobile (SEHK:941)

6.54%

★★★★★☆

Sinopharm Group (SEHK:1099)

4.21%

★★★★★☆

International Housewares Retail (SEHK:1373)

8.62%

★★★★★☆

Tian An China Investments (SEHK:28)

5.00%

★★★★★☆

Click here to see the full list of 92 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

CIMC Enric Holdings

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: CIMC Enric Holdings Limited, operating globally, specializes in supplying transportation, storage, and processing equipment and services for the clean energy, chemicals, environmental, and liquid food sectors with a market capitalization of HK$15.76 billion.

Operations: CIMC Enric Holdings Limited generates revenue from three primary segments: CN¥14.91 billion from Clean Energy, CN¥4.46 billion from Chemicals and Environmental, and CN¥4.29 billion from Liquid Food.

Dividend Yield: 3.7%

CIMC Enric Holdings has shown a mixed performance in dividend reliability due to its volatile history, with significant annual drops over the past decade. However, its dividends are well-supported by earnings and cash flows, with a payout ratio of 48.7% and a cash payout ratio of 58.7%, respectively. Recent corporate actions include an approved final dividend of HK$0.30 per share at the AGM on May 20, 2024, signaling potential stability moving forward despite a current yield (3.74%) that is lower than many top Hong Kong dividend stocks (7.83%).

SEHK:3899 Dividend History as at Jun 2024
SEHK:3899 Dividend History as at Jun 2024

China Unicom (Hong Kong)

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: China Unicom (Hong Kong) Limited operates as an investment holding company, offering telecommunications and related value-added services in the People’s Republic of China, with a market capitalization of approximately HK$198.28 billion.