Discover Three Hong Kong Dividend Stocks With Yields Up To 6.5%

Amidst a backdrop of global economic fluctuations, the Hong Kong market has shown resilience, with the Hang Seng Index recently marking a notable increase. This positive momentum in Hong Kong makes it an opportune time to explore dividend stocks, which can offer investors potential steady income streams and financial stability in uncertain times.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

China Construction Bank (SEHK:939)

7.67%

★★★★★★

Chongqing Rural Commercial Bank (SEHK:3618)

8.44%

★★★★★★

CITIC Telecom International Holdings (SEHK:1883)

8.94%

★★★★★★

Consun Pharmaceutical Group (SEHK:1681)

9.16%

★★★★★☆

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

8.93%

★★★★★☆

Bank of China (SEHK:3988)

6.84%

★★★★★☆

China Mobile (SEHK:941)

6.51%

★★★★★☆

Sinopharm Group (SEHK:1099)

3.98%

★★★★★☆

International Housewares Retail (SEHK:1373)

8.55%

★★★★★☆

China Overseas Grand Oceans Group (SEHK:81)

8.34%

★★★★★☆

Click here to see the full list of 82 stocks from our Top Dividend Stocks screener.

Here we highlight a subset of our preferred stocks from the screener.

Metallurgical Corporation of China

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

Overview: Metallurgical Corporation of China Ltd. operates in engineering contracting, property development, equipment manufacturing, and resource development across China and globally, with a market capitalization of approximately HK$70.00 billion.

Operations: Metallurgical Corporation of China Ltd. generates revenue primarily through engineering contracting, property development, equipment manufacturing, and resource development.

Dividend Yield: 4.5%

Metallurgical Corporation of China, trading at a significant discount to its estimated fair value, offers a dividend yield of 4.52%, though it's lower than the top quartile in Hong Kong. Despite a decade of reliable dividends, recent financials show challenges: a year-over-year decrease in net income and dividends not fully covered by earnings or cash flow. However, the company has shown resilience with stable dividend payments over ten years and an anticipated earnings growth rate of 21.06% per annum.

SEHK:1618 Dividend History as at May 2024

Wasion Holdings

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

Overview: Wasion Holdings Limited operates as an investment holding company, specializing in the research, development, production, and sale of energy metering and energy efficiency management solutions across the People’s Republic of China, Africa, the United States, Europe, and other parts of Asia; it has a market capitalization of approximately HK$7.42 billion.