Chow Sang Sang Holdings International And 2 Other SEHK Dividend Stocks To Enhance Your Portfolio

In the wake of the U.S. Federal Reserve's recent interest rate cut, global markets have shown varied reactions, with Hong Kong's Hang Seng Index gaining 5.12% amid broader optimism. This positive momentum presents a timely opportunity to explore dividend stocks on the SEHK that can enhance your portfolio. A good dividend stock in today's market should offer not only reliable income but also resilience amid economic fluctuations, making Chow Sang Sang Holdings International and two other SEHK-listed companies worth considering for their potential to provide steady returns.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

Consun Pharmaceutical Group (SEHK:1681)

9.70%

★★★★★☆

Chongqing Rural Commercial Bank (SEHK:3618)

8.42%

★★★★★☆

Lenovo Group (SEHK:992)

3.93%

★★★★★☆

Chow Tai Fook Jewellery Group (SEHK:1929)

8.70%

★★★★★☆

Bank of China (SEHK:3988)

7.51%

★★★★★☆

Sinopharm Group (SEHK:1099)

5.54%

★★★★★☆

Zhongsheng Group Holdings (SEHK:881)

8.81%

★★★★★☆

China Construction Bank (SEHK:939)

7.68%

★★★★★☆

Zhejiang Expressway (SEHK:576)

7.45%

★★★★★☆

Tian An China Investments (SEHK:28)

4.99%

★★★★★☆

Click here to see the full list of 80 stocks from our Top SEHK Dividend Stocks screener.

Let's uncover some gems from our specialized screener.

Chow Sang Sang Holdings International

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

Overview: Chow Sang Sang Holdings International Limited is an investment holding company that manufactures and retails jewellery, with a market cap of HK$4.12 billion.

Operations: Chow Sang Sang Holdings International Limited generates revenue primarily from the retail of jewellery and watches (HK$22.65 billion) and wholesale of precious metals (HK$1.14 billion).

Dividend Yield: 9%

Chow Sang Sang Holdings International's recent share repurchase program, authorized to buy back up to HK$100 million worth of shares, aims to enhance net asset value and earnings per share. Despite a decrease in interim dividends to HK$0.15 per share and a drop in half-yearly earnings from HK$827.21 million to HK$525.99 million, the company maintains a low cash payout ratio of 21.6%, ensuring dividends are well covered by cash flows.

SEHK:116 Dividend History as at Sep 2024
SEHK:116 Dividend History as at Sep 2024

Datang Environment Industry Group

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

Overview: Datang Environment Industry Group Co., Ltd. operates in the environmental protection industry, focusing on flue gas desulfurization, denitrification, and other environmental services, with a market cap of HK$2.23 billion.