3 Top SEHK Dividend Stocks Yielding Up To 7.9%

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Amidst global economic uncertainties and fluctuating market conditions, the Hong Kong stock market has shown resilience, with its defensive sectors like utilities and consumer staples performing relatively well. In this environment, dividend stocks can offer a stable income stream and potential for capital appreciation. A good dividend stock typically combines a strong track record of consistent payouts with solid financial health and growth prospects. Here are three top SEHK dividend stocks currently yielding up to 7.9%.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

Chongqing Rural Commercial Bank (SEHK:3618)

8.57%

★★★★★★

Luk Fook Holdings (International) (SEHK:590)

9.63%

★★★★★☆

Bank of China (SEHK:3988)

7.75%

★★★★★☆

Chow Tai Fook Jewellery Group (SEHK:1929)

9.24%

★★★★★☆

China Construction Bank (SEHK:939)

8.08%

★★★★★☆

Sinopharm Group (SEHK:1099)

5.80%

★★★★★☆

PC Partner Group (SEHK:1263)

9.64%

★★★★★☆

Zhongsheng Group Holdings (SEHK:881)

8.81%

★★★★★☆

Zhejiang Expressway (SEHK:576)

7.35%

★★★★★☆

China Resources Land (SEHK:1109)

7.90%

★★★★★☆

Click here to see the full list of 75 stocks from our Top SEHK Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Fu Shou Yuan International Group

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

Overview: Fu Shou Yuan International Group Limited, with a market cap of HK$8.65 billion, provides burial and funeral services in the People’s Republic of China through its subsidiaries.

Operations: Fu Shou Yuan International Group Limited generates revenue primarily from burial services (CN¥1.78 billion) and funeral services (CN¥357.97 million) in the People’s Republic of China.

Dividend Yield: 4.2%

Fu Shou Yuan International Group offers a stable dividend history with payments increasing over the past 10 years. The current payout ratio of 43.6% and cash payout ratio of 54.4% indicate dividends are well-covered by earnings and cash flows, respectively. However, recent financials show a decline in sales (CNY 1.1 billion) and net income (CNY 298.8 million) for H1 2024 compared to last year, potentially impacting future dividend sustainability despite trading below estimated fair value by 37.7%.

SEHK:1448 Dividend History as at Sep 2024

Emperor Watch & Jewellery

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

Overview: Emperor Watch & Jewellery Limited, with a market cap of HK$1.12 billion, is an investment holding company that engages in the sale of watches and jewelry products.