In This Article:
As global markets react to rising U.S. Treasury yields and economic uncertainties, the Hong Kong market has seen its benchmark Hang Seng Index decline slightly, reflecting cautious investor sentiment amid broader macroeconomic fluctuations. In this environment, dividend stocks can offer a measure of stability and income potential for investors seeking to navigate these volatile conditions.
Top 10 Dividend Stocks In Hong Kong
| Name | Dividend Yield | Dividend Rating |
| Luk Fook Holdings (International) (SEHK:590) | 9.04% | ★★★★★☆ |
| China Hongqiao Group (SEHK:1378) | 8.67% | ★★★★★☆ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 7.17% | ★★★★★☆ |
| Bank of China (SEHK:3988) | 6.98% | ★★★★★☆ |
| Playmates Toys (SEHK:869) | 8.57% | ★★★★★☆ |
| China Construction Bank (SEHK:939) | 7.06% | ★★★★★☆ |
| PC Partner Group (SEHK:1263) | 8.44% | ★★★★★☆ |
| Tianjin Development Holdings (SEHK:882) | 6.89% | ★★★★★☆ |
| China Mobile (SEHK:941) | 6.59% | ★★★★★☆ |
| Sinopharm Group (SEHK:1099) | 4.71% | ★★★★★☆ |
Click here to see the full list of 91 stocks from our Top SEHK Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Johnson Electric Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Johnson Electric Holdings Limited is an investment holding company involved in the manufacture and sale of motion systems globally, with a market capitalization of approximately HK$10.33 billion.
Operations: Johnson Electric Holdings Limited generates revenue primarily from its Auto Parts & Accessories segment, amounting to $3.81 billion.
Dividend Yield: 5.4%
Johnson Electric Holdings offers a mixed dividend profile, with a payout ratio of 31.5% and cash payout ratio of 18.3%, indicating sustainability from earnings and cash flows. However, its dividends have been volatile and unreliable over the past decade, despite recent growth in payments. The current yield is relatively low compared to top-tier Hong Kong dividend stocks, but the stock trades at a significant discount to its estimated fair value.
Ten Pao Group Holdings
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Ten Pao Group Holdings Limited is an investment holding company that develops, manufactures, and sells electric charging products globally, with a market capitalization of approximately HK$1.54 billion.
Operations: Ten Pao Group Holdings Limited generates its revenue from several segments, including Telecommunication (HK$1.46 billion), Smart Chargers and Controllers (HK$1.81 billion), New Energy Business (HK$820.12 million), Media and Entertainment (HK$370.37 million), and Lighting (HK$298.56 million).