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In October 2024, the Hong Kong market has experienced significant volatility, with the Hang Seng Index seeing a notable decline amid concerns over China's economic stimulus measures. As investors navigate these uncertain times, dividend stocks on the Stock Exchange of Hong Kong (SEHK) present an attractive option for those seeking steady income streams and potential stability in their portfolios.
Top 10 Dividend Stocks In Hong Kong
| Name | Dividend Yield | Dividend Rating |
| China Hongqiao Group (SEHK:1378) | 8.65% | ★★★★★☆ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 6.78% | ★★★★★☆ |
| Chow Tai Fook Jewellery Group (SEHK:1929) | 7.99% | ★★★★★☆ |
| Bank of China (SEHK:3988) | 6.93% | ★★★★★☆ |
| Playmates Toys (SEHK:869) | 8.70% | ★★★★★☆ |
| Lion Rock Group (SEHK:1127) | 7.97% | ★★★★★☆ |
| China Construction Bank (SEHK:939) | 7.09% | ★★★★★☆ |
| PC Partner Group (SEHK:1263) | 9.09% | ★★★★★☆ |
| Tianjin Development Holdings (SEHK:882) | 7.10% | ★★★★★☆ |
| Sinopharm Group (SEHK:1099) | 4.75% | ★★★★★☆ |
Click here to see the full list of 92 stocks from our Top SEHK Dividend Stocks screener.
Below we spotlight a couple of our favorites from our exclusive screener.
China Resources Land
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: China Resources Land Limited is an investment holding company involved in the investment, development, management, and sale of properties in the People’s Republic of China with a market cap of HK$186.12 billion.
Operations: China Resources Land Limited generates revenue from several segments, including CN¥239.18 billion from its Development Property Business, CN¥23.92 billion from the Investment Property Business, CN¥15.66 billion through its Eco-system Elementary Business, and CN¥14.74 billion via Asset-light Management Business.
Dividend Yield: 5.9%
China Resources Land offers a mixed picture for dividend investors. While the interim dividend of RMB 0.2 per share is well-covered by earnings due to a low payout ratio, it is not supported by free cash flow, with a high cash payout ratio of 90.8%. Recent sales figures show declines in gross contracted sales and GFA year over year, which could impact future dividends. Despite this, the company has maintained stable and reliable dividends over the past decade.
China Hongqiao Group
Simply Wall St Dividend Rating: ★★★★★☆
Overview: China Hongqiao Group Limited is an investment holding company that manufactures and sells aluminum products in the People's Republic of China and Indonesia, with a market cap of HK$127.35 billion.