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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%).
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.