As global markets navigate the complexities of rising oil prices and geopolitical tensions, Hong Kong's Hang Seng Index has shown resilience with a notable climb of 10.2% amid optimism surrounding China's economic support measures. In this environment, dividend stocks in Hong Kong offer investors potential stability and income, making them an attractive option for those seeking to balance risk with steady returns.

Top 10 Dividend Stocks In Hong Kong

Click here to see the full list of 88 stocks from our Top SEHK Dividend Stocks screener.

We'll examine a selection from our screener results.

Wasion Holdings

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

Overview: Wasion Holdings Limited is an investment holding company that focuses on the research, development, production, and sale of energy metering and energy efficiency management solutions for the energy supply industries across multiple regions including China, Africa, the United States, Europe, and Asia with a market cap of HK$6.22 billion.

Operations: Wasion Holdings Limited generates revenue from three primary segments: Advanced Distribution Operations (CN￥2.51 billion), Power Advanced Metering Infrastructure (CN￥2.99 billion), and Communication and Fluid Advanced Metering Infrastructure (CN￥2.42 billion).

Dividend Yield: 4.5%

Wasion Holdings has shown robust earnings growth of 61.9% over the past year, with a sustainable dividend payout ratio of 40%. Despite trading at a significant discount to its estimated fair value, its dividend yield of 4.53% is below the top tier in Hong Kong and has been volatile over the past decade. Recent financial results highlight increased net income due to sales growth and cost control, supported by international contract wins in Hungary, Singapore, and Malaysia.

• Click here and access our complete dividend analysis report to understand the dynamics of Wasion Holdings.

• The analysis detailed in our Wasion Holdings valuation report hints at an deflated share price compared to its estimated value.

China Communications Services

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

Overview: China Communications Services Corporation Limited offers telecommunications support services globally and has a market cap of HK$30.75 billion.

Operations: China Communications Services Corporation Limited generates revenue primarily through the provision of Integrated Comprehensive Solutions, amounting to CN￥149.86 billion.

Dividend Yield: 5.4%

China Communications Services has a dividend yield of 5.38%, which is below the top quartile in Hong Kong. While dividends have grown over the past decade, they have been volatile, with drops exceeding 20% annually. The company's payout ratios are sustainable, with dividends covered by earnings (41%) and cash flows (50.1%). Recent earnings for H1 2024 showed modest growth in sales to CNY 74.41 billion and net income to CNY 2.12 billion, indicating stable financial performance despite dividend inconsistency.

• Dive into the specifics of China Communications Services here with our thorough dividend report.

• The valuation report we've compiled suggests that China Communications Services' current price could be quite moderate.

Xinhua Winshare Publishing and Media

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

Overview: Xinhua Winshare Publishing and Media Co., Ltd. operates in the publishing and media industry, with a market capitalization of HK$17.14 billion.

Operations: Xinhua Winshare Publishing and Media Co., Ltd. generates revenue from its core segments in publishing and media, with specific financial details not provided in the available text.

Dividend Yield: 4%

Xinhua Winshare Publishing and Media's interim dividend of RMB 0.19 per share, payable in December 2024, reflects a sustainable payout with earnings and cash flow coverage at 47.6% and 23.9%, respectively. Despite trading at a significant discount to its estimated fair value, the company's dividend yield of 3.97% is below Hong Kong's top quartile. Earnings for H1 2024 showed slight declines in net income to CNY 715.79 million despite increased sales, highlighting potential volatility concerns for investors seeking stable dividends.

• Navigate through the intricacies of Xinhua Winshare Publishing and Media with our comprehensive dividend report here.

• Our comprehensive valuation report raises the possibility that Xinhua Winshare Publishing and Media is priced lower than what may be justified by its financials.

Summing It All Up

• Explore the 88 names from our Top SEHK Dividend Stocks screener here.

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Ready For A Different Approach?

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:3393 SEHK:552 and SEHK:811.

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