3 SEHK Dividend Stocks Yielding Over 6% For Your Portfolio

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The Hong Kong market has shown resilience amid global economic uncertainties, with the Hang Seng Index recently posting a 1.99% gain. As investors navigate these fluctuating conditions, dividend stocks yielding over 6% can offer a reliable income stream and potential portfolio stability.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

Luk Fook Holdings (International) (SEHK:590)

9.54%

★★★★★☆

China Construction Bank (SEHK:939)

7.65%

★★★★★☆

China Electronics Huada Technology (SEHK:85)

9.81%

★★★★★☆

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

9.11%

★★★★★☆

Chongqing Rural Commercial Bank (SEHK:3618)

8.00%

★★★★★☆

Zhongsheng Group Holdings (SEHK:881)

8.65%

★★★★★☆

Bank of China (SEHK:3988)

7.20%

★★★★★☆

Zhejiang Expressway (SEHK:576)

6.58%

★★★★★☆

Sinopharm Group (SEHK:1099)

4.87%

★★★★★☆

Beijing Tong Ren Tang Chinese Medicine (SEHK:3613)

3.77%

★★★★★☆

Click here to see the full list of 83 stocks from our Top SEHK Dividend Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Bank of China

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

Overview: Bank of China Limited, with a market cap of HK$1.44 trillion, offers a range of banking and financial services across Mainland China, Hong Kong, Macao, Taiwan, and internationally through its subsidiaries.

Operations: The revenue segments for Bank of China Limited encompass various banking and financial services provided across Mainland China, Hong Kong, Macao, Taiwan, and internationally.

Dividend Yield: 7.2%

Bank of China offers a stable dividend with a current yield of 7.2%, though it is lower than the top 25% in Hong Kong. The payout ratio is low at 32.6%, indicating dividends are well covered by earnings and forecasted to remain sustainable over the next three years. Recent board approvals for preferred dividend distributions and numerous fixed-income offerings, including $800 million in senior unsecured notes, reflect ongoing financial stability and liquidity management.

SEHK:3988 Dividend History as at Aug 2024

China Medical System Holdings

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

Overview: China Medical System Holdings Limited is an investment holding company that manufactures, sells, markets, and promotes pharmaceutical products in the People’s Republic of China with a market cap of HK$17.56 billion.

Operations: China Medical System Holdings Limited generates CN¥7.01 billion in revenue from the marketing, promotion, sales, and manufacturing of pharmaceutical products in the People’s Republic of China.