Top SEHK Dividend Stocks To Watch In September 2024
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As global markets react to interest rate cuts and economic data, the Hong Kong market has shown resilience amidst a backdrop of fluctuating inflation and trade dynamics. With this in mind, investors may find dividend stocks particularly appealing for their potential to provide steady income regardless of market volatility. A good dividend stock often combines strong fundamentals with a consistent payout history, making it an attractive option for those seeking stability in uncertain times.
Top 10 Dividend Stocks In Hong Kong
| Name | Dividend Yield | Dividend Rating |
| Luk Fook Holdings (International) (SEHK:590) | 9.69% | ★★★★★☆ |
| Chongqing Rural Commercial Bank (SEHK:3618) | 8.61% | ★★★★★☆ |
| Chow Tai Fook Jewellery Group (SEHK:1929) | 9.05% | ★★★★★☆ |
| China Construction Bank (SEHK:939) | 7.77% | ★★★★★☆ |
| Bank of China (SEHK:3988) | 7.50% | ★★★★★☆ |
| Sinopharm Group (SEHK:1099) | 5.63% | ★★★★★☆ |
| Zhongsheng Group Holdings (SEHK:881) | 8.80% | ★★★★★☆ |
| PC Partner Group (SEHK:1263) | 9.83% | ★★★★★☆ |
| China Resources Land (SEHK:1109) | 8.20% | ★★★★★☆ |
| Tian An China Investments (SEHK:28) | 5.63% | ★★★★★☆ |
Click here to see the full list of 75 stocks from our Top SEHK Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Bank of Communications
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Bank of Communications Co., Ltd. provides commercial banking products and services in China and has a market cap of HK$468.89 billion.
Operations: Bank of Communications Co., Ltd. generates revenue from several segments, including Personal Banking (CN￥76.86 billion), Treasury Business (CN￥23.21 billion), and Corporate Banking Business (CN￥98.09 billion).
Dividend Yield: 7.4%
Bank of Communications offers a reliable dividend yield of 7.39%, though it falls short compared to the top 25% in Hong Kong. The company maintains a sustainable payout ratio of 49%, with dividends well covered by earnings and forecasted to remain so at 31.1% in three years. Recent board changes and fixed-income offerings, along with consistent dividend growth over the past decade, underscore its stability as a dividend stock.
Bank of China
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Bank of China Limited, with a market cap of HK$13.50 billion, offers a range of banking and financial services across Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally through its subsidiaries.
Operations: Bank of China Limited generates revenue from several segments, including Personal Banking (CN￥197.23 billion), Corporate Banking (CN￥205.79 billion), Investment Banking (CN￥7.23 billion), Treasury Operations (CN￥60.20 billion), and Insurance (CN￥22.86 billion).