3 SEHK Dividend Stocks With Up To 8.7% Yield

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As global markets respond to various economic shifts, the Hong Kong market has seen its Hang Seng Index decline by 2.11%, reflecting broader uncertainties and investor caution. In this environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for investors looking to navigate these turbulent times.

Top 10 Dividend Stocks In Hong Kong

Name

Dividend Yield

Dividend Rating

China Hongqiao Group (SEHK:1378)

8.43%

★★★★★☆

Chongqing Rural Commercial Bank (SEHK:3618)

7.08%

★★★★★☆

Bank of China (SEHK:3988)

7.01%

★★★★★☆

Playmates Toys (SEHK:869)

8.70%

★★★★★☆

Lion Rock Group (SEHK:1127)

7.97%

★★★★★☆

China Construction Bank (SEHK:939)

7.06%

★★★★★☆

PC Partner Group (SEHK:1263)

8.30%

★★★★★☆

Tianjin Development Holdings (SEHK:882)

6.92%

★★★★★☆

China Mobile (SEHK:941)

6.53%

★★★★★☆

Sinopharm Group (SEHK:1099)

4.65%

★★★★★☆

Click here to see the full list of 90 stocks from our Top SEHK Dividend Stocks screener.

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

Xin Point Holdings

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

Overview: Xin Point Holdings Limited is an investment holding company that manufactures and sells automotive and electronic components across China, North America, Europe, and other international markets with a market cap of HK$3.95 billion.

Operations: Xin Point Holdings Limited generates revenue of CN¥3.23 billion from its manufacturing and sale of automotive and electronic components.

Dividend Yield: 8.7%

Xin Point Holdings offers a compelling dividend yield of 8.74%, placing it in the top 25% of Hong Kong's dividend payers. Despite its unstable track record over seven years, recent earnings growth of 27.4% supports its payouts, with dividends covered by both earnings (61.9%) and cash flows (49.2%). However, volatility in past payments raises concerns about reliability. The interim dividend was increased to HKD 0.20 per share, reflecting improved financial performance this year.

SEHK:1571 Dividend History as at Oct 2024
SEHK:1571 Dividend History as at Oct 2024

Man Wah Holdings

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

Overview: Man Wah Holdings Limited is an investment holding company involved in the manufacture, wholesale, trading, and distribution of sofas and ancillary products across China, Europe, Vietnam, Mexico, and other international markets with a market cap of HK$22.18 billion.

Operations: Man Wah Holdings generates its revenue primarily from the Sofa and Ancillary Products segment, which accounts for HK$12.66 billion, followed by Bedding and Ancillary Products at HK$2.99 billion, and Home Group Business contributing HK$674.14 million.