Sinopharm Group And 2 More SEHK Dividend Stocks To Boost Your Portfolio

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As the Hong Kong market experiences a notable upswing, buoyed by China's recent stimulus measures, investors are increasingly looking towards dividend stocks for stable returns amidst this renewed economic optimism. In such an environment, selecting stocks that consistently deliver dividends can be a strategic move to enhance portfolio resilience and capitalize on potential growth opportunities.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

Consun Pharmaceutical Group (SEHK:1681)

8.03%

★★★★★☆

China Hongqiao Group (SEHK:1378)

8.76%

★★★★★☆

Chongqing Rural Commercial Bank (SEHK:3618)

7.65%

★★★★★☆

Lion Rock Group (SEHK:1127)

8.09%

★★★★★☆

China Construction Bank (SEHK:939)

7.10%

★★★★★☆

Bank of China (SEHK:3988)

6.94%

★★★★★☆

PC Partner Group (SEHK:1263)

8.33%

★★★★★☆

Tianjin Development Holdings (SEHK:882)

6.85%

★★★★★☆

Sinopharm Group (SEHK:1099)

4.33%

★★★★★☆

China Electronics Huada Technology (SEHK:85)

8.08%

★★★★★☆

Click here to see the full list of 86 stocks from our Top SEHK Dividend Stocks screener.

We're going to check out a few of the best picks from our screener tool.

Sinopharm Group

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

Overview: Sinopharm Group Co. Ltd., along with its subsidiaries, operates in the wholesale and retail sectors for pharmaceuticals, medical devices, and healthcare products in China, with a market cap of HK$68.50 billion.

Operations: Sinopharm Group's revenue segments include Pharmaceutical Distribution at CN¥442.11 billion, Medical Devices at CN¥125.75 billion, and Retail Pharmacy at CN¥34.55 billion.

Dividend Yield: 4.3%

Sinopharm Group offers a stable dividend with a yield of 4.33%, supported by a low payout ratio of 31.4% and cash payout ratio of 16%, indicating sustainability. Despite its high debt level, the company's dividends have been reliable and growing over the past decade. Recent executive changes, including appointing Mr. Lian Wanyong as President, may impact future strategic directions but do not currently affect its dividend reliability or coverage by earnings and cash flows.

SEHK:1099 Dividend History as at Oct 2024
SEHK:1099 Dividend History as at Oct 2024

PC Partner Group

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

Overview: PC Partner Group Limited is an investment holding company that designs, develops, manufactures, and sells computer electronics with a market cap of HK$1.86 billion.

Operations: The company's revenue primarily comes from the design, manufacturing, and trading of electronics and PC parts and accessories, amounting to HK$9.94 billion.